Alternus Clean Energy (Alternus Clean Energy) Gross-Profit-to-Asset % : 8.59% (As of Dec. 2023)

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What is Alternus Clean Energy 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. Alternus Clean Energy's annualized Gross Profit for the quarter that ended in Dec. 2023 was $15.62 Mil. Alternus Clean Energy's average Total Assets over the quarter that ended in Dec. 2023 was $181.80 Mil. Therefore, Alternus Clean Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 8.59%.

Alternus Clean Energy Gross-Profit-to-Asset % Historical Data

The historical data trend for Alternus Clean Energy'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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Alternus Clean Energy Gross-Profit-to-Asset % Chart

Alternus Clean Energy Annual Data

Trend

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

6.79

6.52

8.59

Alternus Clean Energy Semi-Annual Data
	Dec21	Dec22	Dec23
Gross-Profit-to-Asset %	6.79	6.52	8.59

Competitive Comparison of Alternus Clean Energy's Gross-Profit-to-Asset %

For the Utilities - Renewable subindustry, Alternus Clean Energy'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.

Alternus Clean Energy's Gross-Profit-to-Asset % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Alternus Clean Energy's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Alternus Clean Energy's Gross-Profit-to-Asset % falls into.

Alternus Clean Energy Gross-Profit-to-Asset % Calculation

Alternus Clean Energy'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 )
	=	15.616	/	( (178.315	+	185.286)	/ 2 )
	=	15.616	/	181.8005
	=	8.59 %

Alternus Clean Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	15.616	/	( (178.315	+	185.286)	/ 2 )
	=	15.616	/	181.8005
	=	8.59 %

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 one times the annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Alternus Clean Energy Gross-Profit-to-Asset % Related Terms

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Alternus Clean Energy (Alternus Clean Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Alternus Clean Energy Inc (NAS:ALCE) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Blanchardstown Corporate Park 2, Suite 9 & 10 Plaza 212, Dublin, IRL, D15 R504

Website

https://www.alternusenergy.com

Alternus Clean Energy Inc is an international independent clean energy producer. It develops, installs, owns and operates a diverse portfolio of utility-scale solar photovoltaic power stations (PV parks) in Europe and in the USA as a long-term owner. The solar parks benefit from long-term government offtake contracts and/or Power Purchase Agreements (PPAs) with investment grade off-takers, plus energy sales to local power grids.

Alternus Clean Energy (Alternus Clean Energy) Headlines

From GuruFocus

Alternus Clean Energy, Inc. Announces Closing of $2.16 Million Private Placement of Convertible Notes and Warrants

By Marketwired • 04-22-2024