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Novem Group (XTER:NVM) Gross-Profit-to-Asset % : 47.05% (As of Sep. 2024)


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What is Novem Group 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. Novem Group's annualized Gross Profit for the quarter that ended in Sep. 2024 was €271.3 Mil. Novem Group's average Total Assets over the quarter that ended in Sep. 2024 was €576.7 Mil. Therefore, Novem Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 47.05%.


Novem Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Novem Group'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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Novem Group Gross-Profit-to-Asset % Chart

Novem Group Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
48.57 51.65 54.89 51.09

Novem Group Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 53.86 49.59 48.17 49.73 47.05

Competitive Comparison of Novem Group's Gross-Profit-to-Asset %

For the Auto Parts subindustry, Novem Group'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.


Novem Group's Gross-Profit-to-Asset % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Novem Group's Gross-Profit-to-Asset % distribution charts can be found below:

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


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Novem Group Gross-Profit-to-Asset % Calculation

Novem Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=316.811/( (638.006+602.116)/ 2 )
=316.811/620.061
=51.09 %

Novem Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=271.316/( (588.3+565.114)/ 2 )
=271.316/576.707
=47.05 %

* 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 (Sep. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Novem Group Gross-Profit-to-Asset % Related Terms

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Novem Group Business Description

Traded in Other Exchanges
Address
Industriestrasse 45, Vorbach, DEU, 95519
Novem Group SA operates as a developer, supplier, and system supplier for trim parts and decorative functional elements in vehicle interiors. The products of the company are central consoles, dashboards, beltlines, and others. The company operates in three reportable geographical segments namely Europe, Americas, and Asia. The business activities of these segments includes the production, processing, and sale of high quality trims and decorative functional elements in vehicle interiors.
Executives
Frank Schmitt Board of Directors
Christine Maria Hollmann Board of Directors
Dr. Johannes Burtscher Board of Directors
Günter Brenner Board of Directors

Novem Group Headlines

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