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Air New Zealand (Air New Zealand) Gross-Profit-to-Asset % : 55.65% (As of Dec. 2023)


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What is Air New Zealand 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. Air New Zealand's annualized Gross Profit for the quarter that ended in Dec. 2023 was $3,085 Mil. Air New Zealand's average Total Assets over the quarter that ended in Dec. 2023 was $5,544 Mil. Therefore, Air New Zealand's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 55.65%.


Air New Zealand Gross-Profit-to-Asset % Historical Data

The historical data trend for Air New Zealand'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.

Air New Zealand Gross-Profit-to-Asset % Chart

Air New Zealand Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.41 49.27 32.59 27.45 54.15

Air New Zealand Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.24 32.09 51.81 56.89 55.65

Competitive Comparison of Air New Zealand's Gross-Profit-to-Asset %

For the Airlines subindustry, Air New Zealand'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.


Air New Zealand's Gross-Profit-to-Asset % Distribution in the Transportation Industry

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

* The bar in red indicates where Air New Zealand's Gross-Profit-to-Asset % falls into.



Air New Zealand Gross-Profit-to-Asset % Calculation

Air New Zealand's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=2963.804/( (5304.956+5641.104)/ 2 )
=2963.804/5473.03
=54.15 %

Air New Zealand'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: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=3085.252/( (5641.104+5446.795)/ 2 )
=3085.252/5543.9495
=55.65 %

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


Air New Zealand Gross-Profit-to-Asset % Related Terms

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Air New Zealand (Air New Zealand) Business Description

Address
185 Fanshawe Street, Air New Zealand House, Auckland, NTL, NZL, 1010
Air New Zealand, majority owned by the New Zealand Government, provides air passenger and cargo transport services within New Zealand, as well as to and from Australia, the South-West Pacific, Asia, North America, the United Kingdom, and South America. Air New Zealand also encompasses business units providing engineering and ground handling services. Air New Zealand dominates the local market, with around 80% market share, although the majority of revenue is derived from international and trans-Tasman activity.