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Himalaya Shipping (OSTO:HSHIPO) Gross-Profit-to-Asset % : 7.67% (As of Mar. 2024)


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What is Himalaya Shipping 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. Himalaya Shipping's annualized Gross Profit for the quarter that ended in Mar. 2024 was kr547.1 Mil. Himalaya Shipping's average Total Assets over the quarter that ended in Mar. 2024 was kr7,132.7 Mil. Therefore, Himalaya Shipping's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 7.67%.


Himalaya Shipping Gross-Profit-to-Asset % Historical Data

The historical data trend for Himalaya Shipping'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.

Himalaya Shipping Gross-Profit-to-Asset % Chart

Himalaya Shipping Annual Data
Trend Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
- - 4.82

Himalaya Shipping Quarterly Data
Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.89 2.35 3.07 7.47 7.67

Competitive Comparison of Himalaya Shipping's Gross-Profit-to-Asset %

For the Marine Shipping subindustry, Himalaya Shipping'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.


Himalaya Shipping's Gross-Profit-to-Asset % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Himalaya Shipping's Gross-Profit-to-Asset % distribution charts can be found below:

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



Himalaya Shipping Gross-Profit-to-Asset % Calculation

Himalaya Shipping'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 )
=194.869/( (1756.83+6321.264)/ 2 )
=194.869/4039.047
=4.82 %

Himalaya Shipping'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 )
=547.116/( (6321.264+7944.08)/ 2 )
=547.116/7132.672
=7.67 %

* 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.


Himalaya Shipping Gross-Profit-to-Asset % Related Terms

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Himalaya Shipping (OSTO:HSHIPO) Business Description

Traded in Other Exchanges
Address
19 Par-la-Ville Road, 1st Floor, Hamilton, BMU, HM 11
Himalaya Shipping Ltd is an independent dry bulk company that focuses on owning and operating its Newcastlemax dry bulk carriers.

Himalaya Shipping (OSTO:HSHIPO) Headlines

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