Salzgitter AG (Salzgitter AG) Gross-Profit-to-Asset % : 31.74% (As of Mar. 2024)

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What is Salzgitter AG 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. Salzgitter AG's annualized Gross Profit for the quarter that ended in Mar. 2024 was $3,648 Mil. Salzgitter AG's average Total Assets over the quarter that ended in Mar. 2024 was $11,491 Mil. Therefore, Salzgitter AG's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 31.74%.

Salzgitter AG Gross-Profit-to-Asset % Historical Data

The historical data trend for Salzgitter AG'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.

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Salzgitter AG Gross-Profit-to-Asset % Chart

Salzgitter AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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33.40

29.22

37.07

37.78

31.69

Salzgitter AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	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															35.46	32.23	28.34	26.47	31.74

Competitive Comparison of Salzgitter AG's Gross-Profit-to-Asset %

For the Steel subindustry, Salzgitter AG'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.

Salzgitter AG's Gross-Profit-to-Asset % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Salzgitter AG's Gross-Profit-to-Asset % distribution charts can be found below:

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

Salzgitter AG Gross-Profit-to-Asset % Calculation

Salzgitter AG'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 )
	=	3678.517	/	( (11761.97	+	11452.563)	/ 2 )
	=	3678.517	/	11607.2665
	=	31.69 %

Salzgitter AG'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 )
	=	3647.828	/	( (11452.563	+	11529.783)	/ 2 )
	=	3647.828	/	11491.173
	=	31.74 %

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.

Salzgitter AG Gross-Profit-to-Asset % Related Terms

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Salzgitter AG (Salzgitter AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Salzgitter AG (OTCPK:SZGPY) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

SZGd:UK 0G77:UK SZG:Germany SZG:Germany SZG:Germany SZG:Germany

Address

Eisenhüttenstrasse 99, Salzgitter, DEU, 38239

Website

https://www.salzgitter-ag.com

Salzgitter AG is a German-based steel & technology company. The segments of the company are Steel Production, Steel Processing, Trading, & Technology business. The majority is derived from the trading segment. Steel Production Business Unit manufactures high-quality branded steel & special steel. Steel Processing Business Unit produce a broad spectrum of high-grade plate products. Trading Business Unit operates a tightly-knit European sales network & trading companies & agencies that ensure that Salzgitter Group's products & services are marketed efficiently. Technology Business Unit operates in the filling & packing technology segment, as well as in special machinery engineering for shoe manufacturing & elastomer production. Geographically, the majority is derived from domestic markets.