REN-Redes Energeticas Nacionais Sgps (XLIS:RENE) Gross-Profit-to-Asset % : 10.95% (As of Dec. 2023)

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What is REN-Redes Energeticas Nacionais Sgps 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. REN-Redes Energeticas Nacionais Sgps's annualized Gross Profit for the quarter that ended in Dec. 2023 was €662.0 Mil. REN-Redes Energeticas Nacionais Sgps's average Total Assets over the quarter that ended in Dec. 2023 was €6,044.8 Mil. Therefore, REN-Redes Energeticas Nacionais Sgps's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 10.95%.

REN-Redes Energeticas Nacionais Sgps Gross-Profit-to-Asset % Historical Data

The historical data trend for REN-Redes Energeticas Nacionais Sgps'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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REN-Redes Energeticas Nacionais Sgps Gross-Profit-to-Asset % Chart

REN-Redes Energeticas Nacionais Sgps Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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10.81

10.62

10.46

9.83

10.82

REN-Redes Energeticas Nacionais Sgps Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															10.42	10.02	10.98	10.60	10.95

Competitive Comparison of REN-Redes Energeticas Nacionais Sgps's Gross-Profit-to-Asset %

For the Utilities - Diversified subindustry, REN-Redes Energeticas Nacionais Sgps'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.

REN-Redes Energeticas Nacionais Sgps's Gross-Profit-to-Asset % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, REN-Redes Energeticas Nacionais Sgps's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where REN-Redes Energeticas Nacionais Sgps's Gross-Profit-to-Asset % falls into.

REN-Redes Energeticas Nacionais Sgps Gross-Profit-to-Asset % Calculation

REN-Redes Energeticas Nacionais Sgps'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 )
	=	662.01	/	( (6451.596	+	5781.968)	/ 2 )
	=	662.01	/	6116.782
	=	10.82 %

REN-Redes Energeticas Nacionais Sgps'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: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	662.016	/	( (6307.607	+	5781.968)	/ 2 )
	=	662.016	/	6044.7875
	=	10.95 %

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

REN-Redes Energeticas Nacionais Sgps Gross-Profit-to-Asset % Related Terms

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REN-Redes Energeticas Nacionais Sgps (XLIS:RENE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » REN-Redes Energeticas Nacionais Sgps SA (XLIS:RENE) » Definitions » Gross-Profit-to-Asset %

Traded in Other Exchanges

0KBT:UK RN4:Germany

Address

Avenida Estados Unidos da America, 55, Lisbon, PRT, 1749-061

Website

http://www.ren.pt

REN-Redes Energeticas Nacionais Sgps SA is an energy and utilities company designed for the transmission and distributing electricity and natural gas. The company offers services that manage national energy transmission and distribution systems that include the national electric transmission grid (RNT), the national natural gas transportation grid (RNTGN) and the portgás distribution grid, enabling the creation of an Iberian electricity market that will develop the hydrogen corridor in Europe, together with other European TSOs (Enagas, GRTgaz, Terega and OGE).