Korean Air Lines Co (XKRX:003490) Gross-Profit-to-Asset % : 9.49% (As of Dec. 2023)

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What is Korean Air Lines 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. Korean Air Lines Co's annualized Gross Profit for the quarter that ended in Dec. 2023 was ₩2,862,871 Mil. Korean Air Lines Co's average Total Assets over the quarter that ended in Dec. 2023 was ₩30,173,297 Mil. Therefore, Korean Air Lines Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 9.49%.

Korean Air Lines Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Korean Air Lines 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.

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Korean Air Lines Co Gross-Profit-to-Asset % Chart

Korean Air Lines Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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5.48

2.91

8.12

13.83

10.98

Korean Air Lines Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															11.92	10.71	11.20	12.61	9.49

Competitive Comparison of Korean Air Lines Co's Gross-Profit-to-Asset %

For the Airlines subindustry, Korean Air Lines 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.

Korean Air Lines Co's Gross-Profit-to-Asset % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Korean Air Lines Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Korean Air Lines Co's Gross-Profit-to-Asset % falls into.

Korean Air Lines Co Gross-Profit-to-Asset % Calculation

Korean Air Lines 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: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	3261494.229	/	( (28997701.022	+	30391776.03)	/ 2 )
	=	3261494.229	/	29694738.526
	=	10.98 %

Korean Air Lines Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	2862870.752	/	( (29954818.069	+	30391776.03)	/ 2 )
	=	2862870.752	/	30173297.0495
	=	9.49 %

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 (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Korean Air Lines Co Gross-Profit-to-Asset % Related Terms

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Korean Air Lines Co (XKRX:003490) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Korean Air Lines Co Ltd (XKRX:003490) » Definitions » Gross-Profit-to-Asset %

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003495:Korea

Address

260 Haneul-gil, Gangseo-gu, Seoul, KOR

Website

http://www.koreanair.com

Korean Air Lines Co Ltd is an airline operator with a global reach. The company has four operating segments: Air transport (majority of total revenues), Aerospace (maintenance and repairs), In-flight meals, and Hotel/limousine and others. Passenger tickets can be bought on the company's website or at the airport counter. Multiple options related to passenger class or cabin experience, baggage fees, and other services are offered to customers. Revenues derived from Republic of Korea account for approximately one-fourth of total revenues, with the remainder coming from international operations. The company has created an alliance with global carriers to help connect flights, and give passengers better options to travel.

Korean Air Lines Co (XKRX:003490) Headlines

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