GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Adinath Textiles Ltd (BOM:514113) » Definitions » Gross-Profit-to-Asset %

Adinath Textiles (BOM:514113) Gross-Profit-to-Asset % : -2.82% (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Adinath Textiles 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. Adinath Textiles's annualized Gross Profit for the quarter that ended in Dec. 2023 was ₹-1.10 Mil. Adinath Textiles's average Total Assets over the quarter that ended in Dec. 2023 was ₹38.80 Mil. Therefore, Adinath Textiles's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was -2.82%.


Adinath Textiles Gross-Profit-to-Asset % Historical Data

The historical data trend for Adinath Textiles'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.

Adinath Textiles Gross-Profit-to-Asset % Chart

Adinath Textiles Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.70 -5.86 -5.99 -4.18 -2.94

Adinath Textiles 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 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 -2.63 -2.90 -3.12 -3.63 -2.82

Competitive Comparison of Adinath Textiles's Gross-Profit-to-Asset %

For the Textile Manufacturing subindustry, Adinath Textiles'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.


Adinath Textiles's Gross-Profit-to-Asset % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Adinath Textiles's Gross-Profit-to-Asset % distribution charts can be found below:

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



Adinath Textiles Gross-Profit-to-Asset % Calculation

Adinath Textiles's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=-1.054/( (34.723+36.976)/ 2 )
=-1.054/35.8495
=-2.94 %

Adinath Textiles'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 )
=-1.096/( (38.804+0)/ 1 )
=-1.096/38.804
=-2.82 %

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


Adinath Textiles Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Adinath Textiles's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Adinath Textiles (BOM:514113) Business Description

Traded in Other Exchanges
N/A
Address
Chandigarh Road, P.O. Sahabana, Village Bholapur, Ludhiana, PB, IND, 141123
Adinath Textiles Ltd is an India-based company engaged in the spinning of worsted and spun yarns. It has manufacturing set up base in Ludhiana in the state of Punjab. It has devoted the principal part of its production capacity to Job works. In addition, the company has taken up the trading activities to avail of the available opportunities. The company has only one segment including the manufacturing of Acrylic and worsted yarn.

Adinath Textiles (BOM:514113) Headlines

No Headlines