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Trinidad Cement (TRN:TCL) Gross-Profit-to-Asset % : 32.64% (As of Mar. 2024)


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What is Trinidad Cement 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. Trinidad Cement's annualized Gross Profit for the quarter that ended in Mar. 2024 was TTD811 Mil. Trinidad Cement's average Total Assets over the quarter that ended in Mar. 2024 was TTD2,486 Mil. Therefore, Trinidad Cement's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 32.64%.


Trinidad Cement Gross-Profit-to-Asset % Historical Data

The historical data trend for Trinidad Cement'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.

Trinidad Cement Gross-Profit-to-Asset % Chart

Trinidad Cement 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 18.13 21.51 24.16 28.68 29.99

Trinidad Cement 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 17.48 39.38 33.86 28.39 32.64

Competitive Comparison of Trinidad Cement's Gross-Profit-to-Asset %

For the Building Materials subindustry, Trinidad Cement'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.


Trinidad Cement's Gross-Profit-to-Asset % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Trinidad Cement's Gross-Profit-to-Asset % distribution charts can be found below:

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



Trinidad Cement Gross-Profit-to-Asset % Calculation

Trinidad Cement'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 )
=717.011/( (2357.299+2424.706)/ 2 )
=717.011/2391.0025
=29.99 %

Trinidad Cement'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 )
=811.432/( (2424.706+2547.641)/ 2 )
=811.432/2486.1735
=32.64 %

* 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.


Trinidad Cement Gross-Profit-to-Asset % Related Terms

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Trinidad Cement (TRN:TCL) Business Description

Traded in Other Exchanges
N/A
Address
Southern Main Road, Claxton Bay, Trinidad, TTO
Trinidad Cement Ltd is engaged in the manufacture and sale of cement, concrete, and aggregates. The company's operations are organized into three operating segments, Cement, Concrete, and Packaging. The firm offers Portland-pozzolan cement, ordinary Portland cement, and Class G high sulfate-resistant oilwell cement. The company has operations in Trinidad and Tobago, Jamaica, Barbados, and other countries. Geographically the company receives maximum revenue from Jamaica.

Trinidad Cement (TRN:TCL) Headlines

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