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Lea bank ASA (OSL:LEA) Gross-Profit-to-Asset % : 7.62% (As of Mar. 2024)


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What is Lea bank ASA 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. Lea bank ASA's annualized Gross Profit for the quarter that ended in Mar. 2024 was kr625.2 Mil. Lea bank ASA's average Total Assets over the quarter that ended in Mar. 2024 was kr8,207.4 Mil. Therefore, Lea bank ASA's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 7.62%.


Lea bank ASA Gross-Profit-to-Asset % Historical Data

The historical data trend for Lea bank ASA'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.

Lea bank ASA Gross-Profit-to-Asset % Chart

Lea bank ASA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 8.07 12.55 6.64 7.20 7.81

Lea bank ASA Quarterly Data
Dec18 Jun19 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 7.24 7.52 7.67 8.04 7.62

Competitive Comparison of Lea bank ASA's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Lea bank ASA'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.


Lea bank ASA's Gross-Profit-to-Asset % Distribution in the Banks Industry

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

* The bar in red indicates where Lea bank ASA's Gross-Profit-to-Asset % falls into.



Lea bank ASA Gross-Profit-to-Asset % Calculation

Lea bank ASA'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 )
=594.649/( (7367.484+7853.642)/ 2 )
=594.649/7610.563
=7.81 %

Lea bank ASA'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 )
=625.232/( (7853.642+8561.1)/ 2 )
=625.232/8207.371
=7.62 %

* 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.


Lea bank ASA Gross-Profit-to-Asset % Related Terms

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Lea bank ASA (OSL:LEA) Business Description

Traded in Other Exchanges
Address
Holbergs gate 21, Oslo, NOR, 0166
Lea bank ASA is a fully digital consumer finance bank with a presence in the Nordic market. The company offers consumer loans, savings accounts, automated invoice purchases, and SME financing with attractive terms for its customers.

Lea bank ASA (OSL:LEA) Headlines