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Premco Global (BOM:530331) Gross-Profit-to-Asset % : 48.26% (As of Mar. 2024)


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What is Premco Global 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. Premco Global's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹624.7 Mil. Premco Global's average Total Assets over the quarter that ended in Mar. 2024 was ₹1,294.4 Mil. Therefore, Premco Global's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 48.26%.


Premco Global Gross-Profit-to-Asset % Historical Data

The historical data trend for Premco Global'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.

Premco Global Gross-Profit-to-Asset % Chart

Premco Global Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.44 43.70 46.27 40.99 43.21

Premco Global Quarterly Data
Jun19 Sep19 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 46.69 44.27 42.73 37.64 48.26

Competitive Comparison of Premco Global's Gross-Profit-to-Asset %

For the Textile Manufacturing subindustry, Premco Global'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.


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

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

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



Premco Global Gross-Profit-to-Asset % Calculation

Premco Global's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=559.68/( (1296.257+1294.425)/ 2 )
=559.68/1295.341
=43.21 %

Premco Global'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 )
=624.66/( (0+1294.425)/ 1 )
=624.66/1294.425
=48.26 %

* 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.


Premco Global Gross-Profit-to-Asset % Related Terms

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Premco Global (BOM:530331) Business Description

Traded in Other Exchanges
N/A
Address
95 Ganpatrao Kadam marg, Urmi Estate, Tower-A, 11th floor, Lower Parel (West), Mumbai, IND, 400013
Premco Global Ltd is a company that is engaged in manufacturing woven and knitted elastic tapes, and other activities. Its product portfolio includes Name tapes and plain tapes; Buttonholes, rigid tapes and medical tapes and Panty and shoulder elastics. Geographically, it derives a majority of revenue from India.

Premco Global (BOM:530331) Headlines

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