GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nomad Foods Ltd (LTS:0RMO) » Definitions » Gross-Profit-to-Asset %

Nomad Foods (LTS:0RMO) Gross-Profit-to-Asset % : 13.10% (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Nomad Foods 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. Nomad Foods's annualized Gross Profit for the quarter that ended in Mar. 2024 was €844 Mil. Nomad Foods's average Total Assets over the quarter that ended in Mar. 2024 was €6,439 Mil. Therefore, Nomad Foods's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 13.10%.


Nomad Foods Gross-Profit-to-Asset % Historical Data

The historical data trend for Nomad Foods'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.

Nomad Foods Gross-Profit-to-Asset % Chart

Nomad Foods Annual Data
Trend Dec14 Mar15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.41 13.28 12.67 13.05 13.48

Nomad Foods 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 14.07 13.11 13.62 13.03 13.10

Competitive Comparison of Nomad Foods's Gross-Profit-to-Asset %

For the Packaged Foods subindustry, Nomad Foods'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.


Nomad Foods's Gross-Profit-to-Asset % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nomad Foods's Gross-Profit-to-Asset % distribution charts can be found below:

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



Nomad Foods Gross-Profit-to-Asset % Calculation

Nomad Foods'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 )
=858.7/( (6326.1+6416.7)/ 2 )
=858.7/6371.4
=13.48 %

Nomad Foods'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 )
=843.6/( (6416.7+6461.7)/ 2 )
=843.6/6439.2
=13.10 %

* 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.


Nomad Foods Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Nomad Foods's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nomad Foods (LTS:0RMO) Business Description

Traded in Other Exchanges
Address
No. 1 New Square, Bedfont Lakes Business Park, Feltham, Middlesex, GBR, TW14 8HA
Nomad Foods Ltd is a packaged foods company that is involved in the business of manufacturing and distribution of branded frozen foods in Western Europe. The company manufactures and markets frozen food products such as fish, vegetables, poultry, and ready meals. It sells its products primarily through large grocery retailers under the brand Birds Eye in the United Kingdom and Ireland, Findus in Italy, France, Spain, and Scandinavia, and Iglo in Germany and other continental markets. The company operates through a single segment being Frozen. The majority of the revenue is generated from the United Kingdom.

Nomad Foods (LTS:0RMO) Headlines

No Headlines