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Amber Grid AB (OVSE:AMG1L) Gross-Profit-to-Asset % : 14.39% (As of Mar. 2024)


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What is Amber Grid AB 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. Amber Grid AB's annualized Gross Profit for the quarter that ended in Mar. 2024 was €47.78 Mil. Amber Grid AB's average Total Assets over the quarter that ended in Mar. 2024 was €331.94 Mil. Therefore, Amber Grid AB's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 14.39%.


Amber Grid AB Gross-Profit-to-Asset % Historical Data

The historical data trend for Amber Grid AB'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.

Amber Grid AB Gross-Profit-to-Asset % Chart

Amber Grid AB 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 13.09 11.54 12.35 9.28 9.51

Amber Grid AB 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 7.77 10.87 12.92 14.64 14.39

Competitive Comparison of Amber Grid AB's Gross-Profit-to-Asset %

For the Utilities - Regulated Gas subindustry, Amber Grid AB'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.


Amber Grid AB's Gross-Profit-to-Asset % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Amber Grid AB's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Amber Grid AB's Gross-Profit-to-Asset % falls into.



Amber Grid AB Gross-Profit-to-Asset % Calculation

Amber Grid AB'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 )
=41.918/( (548.356+333.389)/ 2 )
=41.918/440.8725
=9.51 %

Amber Grid AB'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 )
=47.78/( (333.389+330.483)/ 2 )
=47.78/331.936
=14.39 %

* 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.


Amber Grid AB Gross-Profit-to-Asset % Related Terms

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Amber Grid AB (OVSE:AMG1L) Business Description

Traded in Other Exchanges
Address
Laisv?s pr. 10, Vilnius, LTU, LT-04215
Amber Grid AB is a part of the oil and gas sector. It is a natural gas transmission system operator in Lithuania. It is responsible for maintaining the natural gas transmission system for users of the natural gas infrastructure, operation, maintenance, and development. The company's transmission system mainly consists of gas pipelines, gas compressor stations, metering stations and distribution pipelines corrosion protection devices, data transmission, and communication systems. The company reports in two segments that are natural gas transmission operations and natural gas exchange operator activities, out of which the majority of revenue comes from natural gas transmission operations.

Amber Grid AB (OVSE:AMG1L) Headlines

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