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Ecobank Transnational (NSA:ETI) Gross-Profit-to-Asset % : 7.25% (As of Mar. 2024)


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What is Ecobank Transnational 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. Ecobank Transnational's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₦2,924,302 Mil. Ecobank Transnational's average Total Assets over the quarter that ended in Mar. 2024 was ₦40,351,553 Mil. Therefore, Ecobank Transnational's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 7.25%.


Ecobank Transnational Gross-Profit-to-Asset % Historical Data

The historical data trend for Ecobank Transnational'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.

Ecobank Transnational Gross-Profit-to-Asset % Chart

Ecobank Transnational Annual Data
Trend Dec13 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 6.93 6.64 6.32 5.83 6.78

Ecobank Transnational 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 6.14 7.48 6.01 7.87 7.25

Competitive Comparison of Ecobank Transnational's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Ecobank Transnational'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.


Ecobank Transnational's Gross-Profit-to-Asset % Distribution in the Banks Industry

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

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



Ecobank Transnational Gross-Profit-to-Asset % Calculation

Ecobank Transnational'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 )
=2860512.159/( (43543382.943+40880105.966)/ 2 )
=2860512.159/42211744.4545
=6.78 %

Ecobank Transnational'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 )
=2924301.552/( (40880105.966+39823000.573)/ 2 )
=2924301.552/40351553.2695
=7.25 %

* 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.


Ecobank Transnational Gross-Profit-to-Asset % Related Terms

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Ecobank Transnational (NSA:ETI) Business Description

Traded in Other Exchanges
Address
2365, Boulevard du Mono, Lome, TGO, 3261
Ecobank Transnational Inc is a pan-African banking group that through its subsidiaries provides retail, investment, and corporate banking services to governments, financial institutions, multinationals, local companies, small and mid-size enterprises(SMEs), and individuals. It provides banking services throughout sub-Saharan Africa outside South Africa. Its activities are grouped into three customer-focused business segments namely Corporate and Investment Bank, Commercial banking, and Consumer. The company's Geographical segments include Francophone West Africa (UEMOA), Nigeria, Anglophone West Africa (AWA), Central, Eastern and Southern Africa (CESA), and others.

Ecobank Transnational (NSA:ETI) Headlines

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