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Glance Finance (BOM:531199) Gross-Profit-to-Asset % : -4.44% (As of Mar. 2024)


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What is Glance Finance 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. Glance Finance's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹-20.8 Mil. Glance Finance's average Total Assets over the quarter that ended in Mar. 2024 was ₹469.2 Mil. Therefore, Glance Finance's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was -4.44%.


Glance Finance Gross-Profit-to-Asset % Historical Data

The historical data trend for Glance Finance'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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Glance Finance Gross-Profit-to-Asset % Chart

Glance Finance 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 2.16 18.49 18.79 -1.50 2.96

Glance Finance 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 -6.49 5.39 5.46 6.18 -4.44

Competitive Comparison of Glance Finance's Gross-Profit-to-Asset %

For the Capital Markets subindustry, Glance Finance'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.


Glance Finance's Gross-Profit-to-Asset % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Glance Finance's Gross-Profit-to-Asset % distribution charts can be found below:

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



Glance Finance Gross-Profit-to-Asset % Calculation

Glance Finance'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 )
=13.09/( (415.11+469.231)/ 2 )
=13.09/442.1705
=2.96 %

Glance Finance'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 )
=-20.828/( (0+469.231)/ 1 )
=-20.828/469.231
=-4.44 %

* 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.


Glance Finance Gross-Profit-to-Asset % Related Terms

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Glance Finance (BOM:531199) Business Description

Traded in Other Exchanges
N/A
Address
192, Dr. D.N. Road, 7, Kitab Mahal, 1st Floor, Fort, Mumbai, MH, IND, 400001
Glance Finance Ltd is a non-banking financial company. It is involved in fund-based financing activities. The company engaged in the business of Asset Leasing and Investment in Capital Market. It generates revenue in the form of Interest; Dividends; Fees and Commission; Sale of Traded Goods and other income.

Glance Finance (BOM:531199) Headlines

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