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Emirates Telecommunications Group Co PJSC (ADX:EAND) Gross-Profit-to-Asset % : 25.11% (As of Mar. 2024)


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What is Emirates Telecommunications Group Co PJSC 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. Emirates Telecommunications Group Co PJSC's annualized Gross Profit for the quarter that ended in Mar. 2024 was د.إ36,976 Mil. Emirates Telecommunications Group Co PJSC's average Total Assets over the quarter that ended in Mar. 2024 was د.إ147,278 Mil. Therefore, Emirates Telecommunications Group Co PJSC's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 25.11%.


Emirates Telecommunications Group Co PJSC Gross-Profit-to-Asset % Historical Data

The historical data trend for Emirates Telecommunications Group Co PJSC'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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Emirates Telecommunications Group Co PJSC Gross-Profit-to-Asset % Chart

Emirates Telecommunications Group Co PJSC 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 24.83 23.88 24.58 22.43 20.45

Emirates Telecommunications Group Co PJSC 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 21.55 21.39 21.45 20.92 25.11

Competitive Comparison of Emirates Telecommunications Group Co PJSC's Gross-Profit-to-Asset %

For the Telecom Services subindustry, Emirates Telecommunications Group Co PJSC'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.


Emirates Telecommunications Group Co PJSC's Gross-Profit-to-Asset % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Emirates Telecommunications Group Co PJSC's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Emirates Telecommunications Group Co PJSC's Gross-Profit-to-Asset % falls into.



Emirates Telecommunications Group Co PJSC Gross-Profit-to-Asset % Calculation

Emirates Telecommunications Group Co PJSC'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 )
=29857.784/( (145085.305+146904.255)/ 2 )
=29857.784/145994.78
=20.45 %

Emirates Telecommunications Group Co PJSC'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 )
=36975.516/( (146904.255+147651.844)/ 2 )
=36975.516/147278.0495
=25.11 %

* 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.


Emirates Telecommunications Group Co PJSC Gross-Profit-to-Asset % Related Terms

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Emirates Telecommunications Group Co PJSC (ADX:EAND) Business Description

Traded in Other Exchanges
N/A
Address
Sheikh Rashid Bin Saeed Al Maktoum Street, P.O. Box 3838, Etisalat Building, Intersection of Zayed The 1st Street, Abu Dhabi, ARE
Emirates Telecommunications Group Co PJSC is a telecommunications company. Through its subsidiaries, the company provides telecommunication and consulting services, media services, and equipment to over 15 countries in Asia and Africa. Etisalat specializes in fixed-line services, voice communication, wireless communication, and data communication services.

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