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Ternium Argentina (BUE:TXAR) Gross-Profit-to-Asset % : 10.66% (As of Mar. 2024)


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What is Ternium Argentina 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. Ternium Argentina's annualized Gross Profit for the quarter that ended in Mar. 2024 was ARS473,288 Mil. Ternium Argentina's average Total Assets over the quarter that ended in Mar. 2024 was ARS4,441,462 Mil. Therefore, Ternium Argentina's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 10.66%.


Ternium Argentina Gross-Profit-to-Asset % Historical Data

The historical data trend for Ternium Argentina'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.

Ternium Argentina Gross-Profit-to-Asset % Chart

Ternium Argentina Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.03 14.96 29.72 22.47 12.84

Ternium Argentina Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 22.03 21.28 21.51 15.85 10.66

Competitive Comparison of Ternium Argentina's Gross-Profit-to-Asset %

For the Steel subindustry, Ternium Argentina'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.


Ternium Argentina's Gross-Profit-to-Asset % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ternium Argentina's Gross-Profit-to-Asset % distribution charts can be found below:

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



Ternium Argentina Gross-Profit-to-Asset % Calculation

Ternium Argentina'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 )
=323527/( (931420+4109642)/ 2 )
=323527/2520531
=12.84 %

Ternium Argentina's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=473288/( (4109642+4773282)/ 2 )
=473288/4441462
=10.66 %

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


Ternium Argentina Gross-Profit-to-Asset % Related Terms

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Ternium Argentina (BUE:TXAR) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Leandro N. Alem 1067, Building AAF, Buenos Aires, ARG, C1001
Ternium Argentina SA manufactures and processes a broad range of steel products. Its products include hot and cold rolled, hot-dip galvanized & electro-galvanized and pre-painted steel sheets and tinplate. Geographically the group is based in Argentina.

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