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Marfrig Global Foods (STU:MGP1) Gross-Profit-to-Asset % : 11.63% (As of Mar. 2024)


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What is Marfrig Global 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. Marfrig Global Foods's annualized Gross Profit for the quarter that ended in Mar. 2024 was €2,836 Mil. Marfrig Global Foods's average Total Assets over the quarter that ended in Mar. 2024 was €24,381 Mil. Therefore, Marfrig Global Foods's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 11.63%.


Marfrig Global Foods Gross-Profit-to-Asset % Historical Data

The historical data trend for Marfrig Global 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.

Marfrig Global Foods Gross-Profit-to-Asset % Chart

Marfrig Global Foods 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 21.67 28.30 38.94 18.53 10.22

Marfrig Global 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 7.76 9.74 11.41 13.07 11.63

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

For the Packaged Foods subindustry, Marfrig Global 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.


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

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

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



Marfrig Global Foods Gross-Profit-to-Asset % Calculation

Marfrig Global 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 )
=2503.6/( (24494.315+24508.225)/ 2 )
=2503.6/24501.27
=10.22 %

Marfrig Global 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 )
=2836.02/( (24508.225+24254.105)/ 2 )
=2836.02/24381.165
=11.63 %

* 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.


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Marfrig Global Foods (STU:MGP1) Business Description

Traded in Other Exchanges
Address
Avenida Queiroz Filho, 1560, Torre Sabia, 3rd Floor, Vila Hamburguesa, Sao Paulo, SP, BRA, 05319-000
Marfrig Global Foods SA is a Brazilian-based food processing company that produces, processes, and distributes meat and non-meat products. The company has operations worldwide, including in Brazil, Argentina, Chile, Uruguay, and the United States. The company's activities include production and processing of foods made from animal proteins as well as other products such as frozen vegetables and sauces. The company organizes itself into four main segments: Beef - North America, Beef - South America, Poultry, Pork and Processed Products - BRF and Corporate. The company earns more than half of its revenue through its operations in Beef - North America.

Marfrig Global Foods (STU:MGP1) Headlines

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