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Tendo AB (XSAT:TENDO) Gross-Profit-to-Asset % : 22.61% (As of Dec. 2023)


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What is Tendo AB 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. Tendo AB's annualized Gross Profit for the quarter that ended in Dec. 2023 was kr3.08 Mil. Tendo AB's average Total Assets over the quarter that ended in Dec. 2023 was kr13.62 Mil. Therefore, Tendo AB's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 22.61%.


Tendo AB Gross-Profit-to-Asset % Historical Data

The historical data trend for Tendo AB'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.

Tendo AB Gross-Profit-to-Asset % Chart

Tendo AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
0.16 24.46 48.37 36.91

Tendo AB Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 66.07 70.29 41.60 6.82 22.61

Competitive Comparison of Tendo AB's Gross-Profit-to-Asset %

For the Medical Devices subindustry, Tendo AB'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.


Tendo AB's Gross-Profit-to-Asset % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Tendo AB's Gross-Profit-to-Asset % distribution charts can be found below:

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



Tendo AB Gross-Profit-to-Asset % Calculation

Tendo AB'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 )
=5.105/( (14.944+12.721)/ 2 )
=5.105/13.8325
=36.91 %

Tendo AB'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 )
=3.08/( (14.525+12.721)/ 2 )
=3.08/13.623
=22.61 %

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


Tendo AB Gross-Profit-to-Asset % Related Terms

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Tendo AB (XSAT:TENDO) Business Description

Traded in Other Exchanges
Address
Scheelevagen 15, Lund, SWE, 22363
Tendo AB is a medical technology company that develops robotic medical devices. It is in the process of developing the product Tendo OneGrip, a glove with a so-called integrated exoskeleton, which assists people with limited hand function as a result of a spinal cord injury.

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