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Dangote Cement (NSA:DCP) Gross-Profit-to-Asset % : 36.98% (As of Mar. 2024)


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What is Dangote Cement 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. Dangote Cement's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₦1,676,752 Mil. Dangote Cement's average Total Assets over the quarter that ended in Mar. 2024 was ₦4,534,185 Mil. Therefore, Dangote Cement's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 36.98%.


Dangote Cement Gross-Profit-to-Asset % Historical Data

The historical data trend for Dangote Cement'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.

Dangote Cement Gross-Profit-to-Asset % Chart

Dangote Cement 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 29.78 31.67 37.72 38.16 36.67

Dangote Cement 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 36.59 44.13 37.24 36.24 36.98

Competitive Comparison of Dangote Cement's Gross-Profit-to-Asset %

For the Building Materials subindustry, Dangote Cement'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.


Dangote Cement's Gross-Profit-to-Asset % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Dangote Cement's Gross-Profit-to-Asset % distribution charts can be found below:

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



Dangote Cement Gross-Profit-to-Asset % Calculation

Dangote Cement'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 )
=1201812/( (2615655+3938725)/ 2 )
=1201812/3277190
=36.67 %

Dangote Cement'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 )
=1676752/( (3938725+5129645)/ 2 )
=1676752/4534185
=36.98 %

* 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.


Dangote Cement Gross-Profit-to-Asset % Related Terms

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Dangote Cement (NSA:DCP) Business Description

Traded in Other Exchanges
N/A
Address
1, Alfred Rewane Road, P.O. Box 40032, Falomo, Ikoyi, Union Marble House, Lagos, NGA
Dangote Cement PLC is a Nigerian cement manufacturer. It manufactures and markets cement and related products through its 'Dangote' brand. Its geographical segment includes Nigeria and Pan Africa. The company derives a majority of revenue from Nigeria segment.

Dangote Cement (NSA:DCP) Headlines