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TPI Composites (FRA:GX6) Gross-Profit-to-Asset % : -15.64% (As of Mar. 2024)


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What is TPI Composites 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. TPI Composites's annualized Gross Profit for the quarter that ended in Mar. 2024 was €-111 Mil. TPI Composites's average Total Assets over the quarter that ended in Mar. 2024 was €712 Mil. Therefore, TPI Composites's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was -15.64%.


TPI Composites Gross-Profit-to-Asset % Historical Data

The historical data trend for TPI Composites'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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TPI Composites Gross-Profit-to-Asset % Chart

TPI Composites 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 10.98 -1.74 -3.97 1.54 -9.76

TPI Composites 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 1.10 -19.44 -5.01 -15.11 -15.64

Competitive Comparison of TPI Composites's Gross-Profit-to-Asset %

For the Specialty Industrial Machinery subindustry, TPI Composites'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.


TPI Composites's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, TPI Composites's Gross-Profit-to-Asset % distribution charts can be found below:

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



TPI Composites Gross-Profit-to-Asset % Calculation

TPI Composites'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 )
=-80.282/( (908.294+737.341)/ 2 )
=-80.282/822.8175
=-9.76 %

TPI Composites'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 )
=-111.324/( (737.341+686.185)/ 2 )
=-111.324/711.763
=-15.64 %

* 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.


TPI Composites Gross-Profit-to-Asset % Related Terms

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TPI Composites (FRA:GX6) Business Description

Traded in Other Exchanges
Address
8501 North Scottsdale Road, Gainey Center II, Suite 100, Scottsdale, AZ, USA, 85253
TPI Composites Inc is engaged in manufacturing composite wind blades. The company operates in wind energy and transportation industries where it manufactures structures for a bus, rail, theme parks, and trucks. Geographically the segments are divided into the U.S, Asia, Mexico, EMEA and India where the Mexico segment derives a majority of revenue.

TPI Composites (FRA:GX6) Headlines

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