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Sun Country Airlines Holdings (FRA:6X2) Gross-Profit-to-Asset % : 23.19% (As of Mar. 2024)


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What is Sun Country Airlines Holdings 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. Sun Country Airlines Holdings's annualized Gross Profit for the quarter that ended in Mar. 2024 was €347.5 Mil. Sun Country Airlines Holdings's average Total Assets over the quarter that ended in Mar. 2024 was €1,498.4 Mil. Therefore, Sun Country Airlines Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 23.19%.


Sun Country Airlines Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for Sun Country Airlines Holdings'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.

Sun Country Airlines Holdings Gross-Profit-to-Asset % Chart

Sun Country Airlines Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
18.73 1.68 11.29 12.61 16.86

Sun Country Airlines Holdings Quarterly Data
Dec18 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 23.65 17.18 13.38 12.55 23.19

Competitive Comparison of Sun Country Airlines Holdings's Gross-Profit-to-Asset %

For the Airlines subindustry, Sun Country Airlines Holdings'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.


Sun Country Airlines Holdings's Gross-Profit-to-Asset % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Sun Country Airlines Holdings's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Sun Country Airlines Holdings's Gross-Profit-to-Asset % falls into.



Sun Country Airlines Holdings Gross-Profit-to-Asset % Calculation

Sun Country Airlines Holdings'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 )
=246.829/( (1439.045+1488.866)/ 2 )
=246.829/1463.9555
=16.86 %

Sun Country Airlines Holdings'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 )
=347.508/( (1488.866+1507.953)/ 2 )
=347.508/1498.4095
=23.19 %

* 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.


Sun Country Airlines Holdings Gross-Profit-to-Asset % Related Terms

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Sun Country Airlines Holdings (FRA:6X2) Business Description

Traded in Other Exchanges
Address
2005 Cargo Road, Minneapolis, MN, USA, 55450
Sun Country Airlines Holdings Inc operates low-cost air carriers. The business has two operating segments: Passenger and Cargo. The passenger segment has two internal passenger groups Scheduled service and Charter. The Cargo segment provides air cargo services. The majority of the revenue is from the passenger segment.

Sun Country Airlines Holdings (FRA:6X2) Headlines

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