Ades Holding Co (SAU:2382) Gross-Profit-to-Asset % : 12.17% (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Ades Holding Co 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. Ades Holding Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ﷼2,411 Mil. Ades Holding Co's average Total Assets over the quarter that ended in Mar. 2024 was ﷼19,803 Mil. Therefore, Ades Holding Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 12.17%.

Ades Holding Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Ades Holding Co'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.

Ades Holding Co Gross-Profit-to-Asset % Chart

Ades Holding Co Annual Data

Trend

Dec23

Gross-Profit-to-Asset %

8.81

Ades Holding Co Quarterly Data
	Mar23	Dec23	Mar24
Gross-Profit-to-Asset %	-	-	12.17

Competitive Comparison of Ades Holding Co's Gross-Profit-to-Asset %

For the Oil & Gas Drilling subindustry, Ades Holding Co'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.

Ades Holding Co's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ades Holding Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Ades Holding Co's Gross-Profit-to-Asset % falls into.

Ades Holding Co Gross-Profit-to-Asset % Calculation

Ades Holding Co'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: . 20 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=		/	( (	+	)	/ )
	=		/
	=	%

Ades Holding Co'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 )
	=	2410.744	/	( (19422.451	+	20183.373)	/ 2 )
	=	2410.744	/	19802.912
	=	12.17 %

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.

Ades Holding Co Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Ades Holding Co's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.

Ades Holding Co (SAU:2382) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ades Holding Co (SAU:2382) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

7429 Prince turki street, Corniche District, Al Khobar, SAU, 2203

Website

https://www.adesgroup.com

Ades Holding Co is a company whose main purpose is oil and gas drilling and production services providing in the MENA region. The Company's main activities are as follows which is Contracting services for excavation and maintenance of onshore and offshore wells, Services related to oil extraction, Excavation and onshore and offshore maintenance services. Provision of contracted offshore and onshore excavation services Provision of maintenance and production services.

Ades Holding Co (SAU:2382) Headlines

No Headlines