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Variman Global Enterprises (BOM:540570) Gross-Profit-to-Asset % : 7.84% (As of Dec. 2023)


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What is Variman Global Enterprises 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. Variman Global Enterprises's annualized Gross Profit for the quarter that ended in Dec. 2023 was ₹65 Mil. Variman Global Enterprises's average Total Assets over the quarter that ended in Dec. 2023 was ₹831 Mil. Therefore, Variman Global Enterprises's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 7.84%.


Variman Global Enterprises Gross-Profit-to-Asset % Historical Data

The historical data trend for Variman Global Enterprises'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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Variman Global Enterprises Gross-Profit-to-Asset % Chart

Variman Global Enterprises 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 13.49 12.63 13.81 11.12 12.26

Variman Global Enterprises 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 7.72 7.79 7.26 20.30 7.84

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

For the Software - Application subindustry, Variman Global Enterprises'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.


Variman Global Enterprises's Gross-Profit-to-Asset % Distribution in the Software Industry

For the Software industry and Technology sector, Variman Global Enterprises's Gross-Profit-to-Asset % distribution charts can be found below:

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



Variman Global Enterprises Gross-Profit-to-Asset % Calculation

Variman Global Enterprises'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 )
=72.686/( (480.058+705.475)/ 2 )
=72.686/592.7665
=12.26 %

Variman Global Enterprises'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 )
=65.14/( (831.245+0)/ 1 )
=65.14/831.245
=7.84 %

* 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.


Variman Global Enterprises Gross-Profit-to-Asset % Related Terms

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Variman Global Enterprises (BOM:540570) Business Description

Traded in Other Exchanges
N/A
Address
1-2- 217/10, Gagan Mahal, 3rd & 4th Floor, Domalguda, Hyderabad, TG, IND, 500029
Variman Global Enterprises Ltd is an India-based company engaged in the business of providing solutions through software development, IT Infrastructure solutions, and distributing IT Hardware to clients and partners through aggressive market development and continuous improvement through agility.

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