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Convergenze SpA (MIL:CVG) Gross-Profit-to-Asset % : 37.72% (As of Dec. 2023)


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What is Convergenze SpA 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. Convergenze SpA's annualized Gross Profit for the quarter that ended in Dec. 2023 was €7.32 Mil. Convergenze SpA's average Total Assets over the quarter that ended in Dec. 2023 was €19.41 Mil. Therefore, Convergenze SpA's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 37.72%.


Convergenze SpA Gross-Profit-to-Asset % Historical Data

The historical data trend for Convergenze SpA'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.

Convergenze SpA Gross-Profit-to-Asset % Chart

Convergenze SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 46.14 40.95 25.27 23.69 33.09

Convergenze SpA Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 19.86 19.63 29.05 29.16 37.72

Competitive Comparison of Convergenze SpA's Gross-Profit-to-Asset %

For the Telecom Services subindustry, Convergenze SpA'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.


Convergenze SpA's Gross-Profit-to-Asset % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Convergenze SpA's Gross-Profit-to-Asset % distribution charts can be found below:

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



Convergenze SpA Gross-Profit-to-Asset % Calculation

Convergenze SpA'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 )
=6.432/( (19.018+19.853)/ 2 )
=6.432/19.4355
=33.09 %

Convergenze SpA'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: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=7.322/( (18.973+19.853)/ 2 )
=7.322/19.413
=37.72 %

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


Convergenze SpA Gross-Profit-to-Asset % Related Terms

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Convergenze SpA (MIL:CVG) Business Description

Traded in Other Exchanges
N/A
Address
Via Magna Graecia 136, Capaccio Paestum, Salerno, ITA, 84047
Convergenze SpA is engaged in providing telecommunication services. The company wireless internet services, mobile calling and data services, television subscription services, voice call services, and other related services.