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TH1NG AB (OSTO:TH1NG) Gross-Profit-to-Asset % : 50.46% (As of Mar. 2024)


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What is TH1NG AB Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. TH1NG AB's annualized Gross Profit for the quarter that ended in Mar. 2024 was kr15.52 Mil. TH1NG AB's average Total Assets over the quarter that ended in Mar. 2024 was kr30.75 Mil. Therefore, TH1NG AB's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 50.46%.


TH1NG AB Gross-Profit-to-Asset % Historical Data

The historical data trend for TH1NG AB's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TH1NG AB Gross-Profit-to-Asset % Chart

TH1NG AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
12.39 21.23 16.21 40.66

TH1NG AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.01 39.02 43.11 53.88 50.46

Competitive Comparison of TH1NG AB's Gross-Profit-to-Asset %

For the Telecom Services subindustry, TH1NG AB's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TH1NG AB's Gross-Profit-to-Asset % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, TH1NG AB's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where TH1NG AB's Gross-Profit-to-Asset % falls into.



TH1NG AB Gross-Profit-to-Asset % Calculation

TH1NG AB's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=13.685/( (36.108+31.214)/ 2 )
=13.685/33.661
=40.66 %

TH1NG AB's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=15.516/( (31.214+30.281)/ 2 )
=15.516/30.7475
=50.46 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


TH1NG AB Gross-Profit-to-Asset % Related Terms

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TH1NG AB (OSTO:TH1NG) Business Description

Traded in Other Exchanges
N/A
Address
Drottninggatan 67, Stockholm, SWE, 111 36
TH1NG AB is the innovative player that delivers and enables smart connected services and internet connection to everything and everyone.

TH1NG AB (OSTO:TH1NG) Headlines

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