Virgin Money UK (Virgin Money UK) Gross-Profit-to-Asset % : 2.00% (As of Sep. 2023)

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What is Virgin Money UK 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. Virgin Money UK's annualized Gross Profit for the quarter that ended in Sep. 2023 was $2,260 Mil. Virgin Money UK's average Total Assets over the quarter that ended in Sep. 2023 was $112,924 Mil. Therefore, Virgin Money UK's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 2.00%.

Virgin Money UK Gross-Profit-to-Asset % Historical Data

The historical data trend for Virgin Money UK'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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Virgin Money UK Gross-Profit-to-Asset % Chart

Virgin Money UK Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Gross-Profit-to-Asset %

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2.51

1.64

1.72

2.08

Virgin Money UK Semi-Annual Data
	Sep13	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															1.77	1.87	1.79	2.05	2.00

Competitive Comparison of Virgin Money UK's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Virgin Money UK'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.

Virgin Money UK's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Virgin Money UK's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Virgin Money UK's Gross-Profit-to-Asset % falls into.

Virgin Money UK Gross-Profit-to-Asset % Calculation

Virgin Money UK's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Sep. 2023 )	/	( (Total Assets (A: Sep. 2022 )	+	Total Assets (A: Sep. 2023 ))	/ count )
	=	2261.139	/	( (104084.938	+	113596.535)	/ 2 )
	=	2261.139	/	108840.7365
	=	2.08 %

Virgin Money UK's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	2259.9	/	( (112252.427	+	113596.535)	/ 2 )
	=	2259.9	/	112924.481
	=	2.00 %

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

Virgin Money UK Gross-Profit-to-Asset % Related Terms

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Virgin Money UK (Virgin Money UK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Virgin Money UK PLC (OTCPK:CBBYF) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

CYBBF:USA VMUKl:UK VMUK:UK 42YA:Germany VUK:Australia

Address

177 Bothwell Street, Glasgow, GBR, G2 7ER

Website

https://www.virginmoneyukplc.com

Virgin Money UK was formed through the merger between CYBG PLC and Virgin Money. After being divested by National Australia Bank in 2016, CYBG went through a restructuring and recapitalization process, with mortgages accounting for around 75% of its loan book. Following CYBG's merger with Virgin Money, the loan book has been reshaped again, with mortgages now accounting for 79% of total loans, personal loans around 9%, and SME and business loans around 12%.