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Titan Cement International (XBRU:TITC) Gross-Profit-to-Asset % : 21.34% (As of Jun. 2024)


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What is Titan Cement International 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. Titan Cement International's annualized Gross Profit for the quarter that ended in Jun. 2024 was €690 Mil. Titan Cement International's average Total Assets over the quarter that ended in Jun. 2024 was €3,235 Mil. Therefore, Titan Cement International's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 was 21.34%.


Titan Cement International Gross-Profit-to-Asset % Historical Data

The historical data trend for Titan Cement International'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.

Titan Cement International Gross-Profit-to-Asset % Chart

Titan Cement International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 10.26 11.17 11.61 13.84 20.69

Titan Cement International Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 11.45 15.30 18.87 23.12 21.34

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

For the Building Materials subindustry, Titan Cement International'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.


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

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

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



Titan Cement International Gross-Profit-to-Asset % Calculation

Titan Cement International'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 )
=641.853/( (2994.299+3211.44)/ 2 )
=641.853/3102.8695
=20.69 %

Titan Cement International's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=690.416/( (3211.44+3258.455)/ 2 )
=690.416/3234.9475
=21.34 %

* 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 two times the semi-annual (Jun. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Titan Cement International Gross-Profit-to-Asset % Related Terms

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Titan Cement International Business Description

Traded in Other Exchanges
Address
Rue de la Loi 23, 7th Floor, P.O. Box 4, Brussels, BEL, 1040
Titan Cement International SA and its subsidiaries are engaged in the production, trade, and distribution of a wide range of construction materials, including cement, concrete, aggregates, cement blocks, dry mortars and fly ash. Its Geographical operating segment includes Greece and Western Europe; North America; South Eastern Europe and Eastern Mediterranean. The company derives a majority of revenue from North America.

Titan Cement International Headlines

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