Parkin Co (DFM:PARKIN) Gross-Profit-to-Asset % : 43.84% (As of Mar. 2024)

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What is Parkin Co 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. Parkin Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was د.إ861.1 Mil. Parkin Co's average Total Assets over the quarter that ended in Mar. 2024 was د.إ1,964.4 Mil. Therefore, Parkin Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 43.84%.

Parkin Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Parkin Co'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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Parkin Co Gross-Profit-to-Asset % Chart

Parkin Co Annual Data

Trend

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

162.22

209.95

72.41

Parkin Co Quarterly Data
	Dec21	Dec22	Mar23	Dec23	Mar24
Gross-Profit-to-Asset %	-	-	274.53	-	43.84

Competitive Comparison of Parkin Co's Gross-Profit-to-Asset %

For the Infrastructure Operations subindustry, Parkin Co'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.

Parkin Co's Gross-Profit-to-Asset % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Parkin Co's Gross-Profit-to-Asset % distribution charts can be found below:

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

Parkin Co Gross-Profit-to-Asset % Calculation

Parkin Co'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 )
	=	779.379	/	( (289.66	+	1863.103)	/ 2 )
	=	779.379	/	1076.3815
	=	72.41 %

Parkin Co'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 )
	=	861.108	/	( (1863.103	+	2065.624)	/ 2 )
	=	861.108	/	1964.3635
	=	43.84 %

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.

Parkin Co Gross-Profit-to-Asset % Related Terms

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Parkin Co (DFM:PARKIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Parkin Co (DFM:PARKIN) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Marrakech Street, G+2 Building, Old Headquarters, Umm Al Ramool, Plot number 215-246, P.O. Box 118899, Dubai, ARE

Website

https://www.parkin.ae

Parkin Co is a provider of paid parking facilities and services in Dubai. It operates across six operating verticals: (i) public on-street and off-street parking, (ii) public MSCPs, (iii) Developer-owned Parking Lots, (iv) permits and seasonal parking subscriptions, (v) parking reservations, and (vi) other services.

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