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Renova Energia (BSP:RNEW3) Gross-Profit-to-Asset % : -1.99% (As of Mar. 2024)


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What is Renova Energia 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. Renova Energia's annualized Gross Profit for the quarter that ended in Mar. 2024 was R$-59.8 Mil. Renova Energia's average Total Assets over the quarter that ended in Mar. 2024 was R$3,006.4 Mil. Therefore, Renova Energia's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was -1.99%.


Renova Energia Gross-Profit-to-Asset % Historical Data

The historical data trend for Renova Energia'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.

Renova Energia Gross-Profit-to-Asset % Chart

Renova Energia 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 1.30 1.03 0.57 2.30 5.89

Renova Energia 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 1.35 0.53 0.75 21.39 -1.99

Competitive Comparison of Renova Energia's Gross-Profit-to-Asset %

For the Utilities - Renewable subindustry, Renova Energia'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.


Renova Energia's Gross-Profit-to-Asset % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Renova Energia's Gross-Profit-to-Asset % distribution charts can be found below:

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



Renova Energia Gross-Profit-to-Asset % Calculation

Renova Energia'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 )
=173.453/( (2814.419+3076.138)/ 2 )
=173.453/2945.2785
=5.89 %

Renova Energia'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 )
=-59.804/( (3076.138+2936.739)/ 2 )
=-59.804/3006.4385
=-1.99 %

* 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.


Renova Energia Gross-Profit-to-Asset % Related Terms

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Renova Energia (BSP:RNEW3) Business Description

Traded in Other Exchanges
Address
Av. Roque Petroni Júnior, Suite 999, 4th Floor, Sao Paulo, SP, BRA, 4571011
Renova Energia SA is a Brazilian energy company generating electric power from renewable sources, focusing on wind farms, small hydroelectric plants, and solar energy. The company is responsible for prospecting, developing, and implementing projects to generate power. The company is also involved in the power trading business. A majority of revenue is derived from a combination of wind and power trading, with a significantly smaller portion of revenue coming from both small hydroelectric plants and solar power. Renova generates the vast majority of its revenue in Brazil.

Renova Energia (BSP:RNEW3) Headlines

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