Talanx AG (XTER:TLX) Gross-Profit-to-Asset % : 3.52% (As of Jun. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Talanx AG 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. Talanx AG's annualized Gross Profit for the quarter that ended in Jun. 2024 was €6,132 Mil. Talanx AG's average Total Assets over the quarter that ended in Jun. 2024 was €173,986 Mil. Therefore, Talanx AG's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 was 3.52%.

Talanx AG Gross-Profit-to-Asset % Historical Data

The historical data trend for Talanx AG'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.

Talanx AG Gross-Profit-to-Asset % Chart

Talanx AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

Get a 7-Day Free Trial

22.30

21.83

24.26

11.31

14.05

Talanx AG Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															0.03	26.18	-18.98	30.34	3.52

Competitive Comparison of Talanx AG's Gross-Profit-to-Asset %

For the Insurance - Diversified subindustry, Talanx AG'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.

Talanx AG's Gross-Profit-to-Asset % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Talanx AG's Gross-Profit-to-Asset % distribution charts can be found below:

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

Talanx AG Gross-Profit-to-Asset % Calculation

Talanx AG'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 )
	=	23025	/	( (158479	+	169347)	/ 2 )
	=	23025	/	163913
	=	14.05 %

Talanx AG'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: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	6132	/	( (174000	+	173972)	/ 2 )
	=	6132	/	173986
	=	3.52 %

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

Talanx AG Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Talanx AG's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.

Talanx AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Talanx AG (XTER:TLX) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

0QA8:UK TLXd:UK TLX:Austria

Address

HDI-Platz 1, Hannover, NI, DEU, 30659

Website

https://www.talanx.com

Talanx is the third-largest insurer in Germany. It sells insurance to businesses, individuals, and also reinsures other insurers. The origins of Talanx go back to the early 1900s and the founding of two mutuals in Germany, HDI and FSV, that were set up to provide liability insurance to the German iron and steel industry, and fire insurance to the German mining industry as a result of a growing dissatisfaction with providers of insurance. These two mutuals merged to form Halfplichtverband der Deutschen Industrie, or HDI, in 1970. Over the years companies outside of metals and mining have joined the mutual. HDI started providing reinsurance services in the mid-1920s, and individual insurance in the 1950s. HDI owns three quarters of the Talanx share capital.

Executives