Surnadal Sparebank (OSL:SUSB) Gross-Profit-to-Asset % : 2.18% (As of Mar. 2021)

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What is Surnadal Sparebank 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. Surnadal Sparebank's annualized Gross Profit for the quarter that ended in Mar. 2021 was kr155.2 Mil. Surnadal Sparebank's average Total Assets over the quarter that ended in Mar. 2021 was kr7,105.6 Mil. Therefore, Surnadal Sparebank's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2021 was 2.18%.

Surnadal Sparebank Gross-Profit-to-Asset % Historical Data

The historical data trend for Surnadal Sparebank'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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Surnadal Sparebank Gross-Profit-to-Asset % Chart

Surnadal Sparebank Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Gross-Profit-to-Asset %

2.33

2.43

2.72

2.58

Surnadal Sparebank Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Gross-Profit-to-Asset %	Get a 7-Day Free Trial											2.10	3.41	2.34	2.35	2.18

Competitive Comparison of Surnadal Sparebank's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Surnadal Sparebank'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.

Surnadal Sparebank's Gross-Profit-to-Asset % Distribution in the Banks Industry

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

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

Surnadal Sparebank Gross-Profit-to-Asset % Calculation

Surnadal Sparebank's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2020 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2020 )	/	( (Total Assets (A: Dec. 2019 )	+	Total Assets (A: Dec. 2020 ))	/ count )
	=	173.338	/	( (6389.166	+	7072.261)	/ 2 )
	=	173.338	/	6730.7135
	=	2.58 %

Surnadal Sparebank's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2021 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Mar. 2021 )	/	( (Total Assets (Q: Dec. 2020 )	+	Total Assets (Q: Mar. 2021 ))	/ count )
	=	155.232	/	( (7072.261	+	7139.032)	/ 2 )
	=	155.232	/	7105.6465
	=	2.18 %

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. 2021) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Surnadal Sparebank Gross-Profit-to-Asset % Related Terms

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Surnadal Sparebank (OSL:SUSB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Surnadal Sparebank (OSL:SUSB) » Definitions » Gross-Profit-to-Asset %

Traded in Other Exchanges

N/A

Address

Bardshaugvegen 7, Surnadal, NOR, 6650

Website

https://www.bank.no

Surnadal Sparebank is an independent saving bank. It is a medium-sized savings bank with a wide range of products and services within loans, placement, self-service solutions, cards, insurance and real estate.