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Topdanmark A/S (Topdanmark A/S) Gross-Profit-to-Asset % : 49.63% (As of Mar. 2024)


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What is Topdanmark A/S 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. Topdanmark A/S's annualized Gross Profit for the quarter that ended in Mar. 2024 was $1,681 Mil. Topdanmark A/S's average Total Assets over the quarter that ended in Mar. 2024 was $3,387 Mil. Therefore, Topdanmark A/S's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 49.63%.


Topdanmark A/S Gross-Profit-to-Asset % Historical Data

The historical data trend for Topdanmark A/S'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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Topdanmark A/S Gross-Profit-to-Asset % Chart

Topdanmark A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.04 26.59 7.92 11.11 47.46

Topdanmark A/S 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.86 43.17 46.06 56.69 49.63

Competitive Comparison of Topdanmark A/S's Gross-Profit-to-Asset %

For the Insurance - Diversified subindustry, Topdanmark A/S'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.


Topdanmark A/S's Gross-Profit-to-Asset % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Topdanmark A/S's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Topdanmark A/S's Gross-Profit-to-Asset % falls into.



Topdanmark A/S Gross-Profit-to-Asset % Calculation

Topdanmark A/S'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 )
=1521.625/( (3218.471+3193.363)/ 2 )
=1521.625/3205.917
=47.46 %

Topdanmark A/S'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 )
=1681.1/( (3193.363+3581.154)/ 2 )
=1681.1/3387.2585
=49.63 %

* 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.


Topdanmark A/S Gross-Profit-to-Asset % Related Terms

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Topdanmark A/S (Topdanmark A/S) Business Description

Traded in Other Exchanges
Address
Borupvang 4, Ballerup, DNK, DK-2750
Topdanmark A/S is a diversified insurance company that offers a variety of insurance products in Denmark. The company strives to maintain an expense ratio lower than the general market. Topdanmark offers life insurance, as well as non-life-insurance products that cover private households and small businesses. The company´s insurance business is segmented into three: Private offers non-life insurance policies to individual households in Denmark. This segment also includes illness and accident insurance offered through the life company; SME offers non-life insurance policies to Danish-based agricultural and SME businesses; Life offers products within life insurance and pension funds to both private and SME customers in Denmark.

Topdanmark A/S (Topdanmark A/S) Headlines

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