GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Akshar Spintex Ltd (BOM:541303) » Definitions » Gross-Profit-to-Asset %

Akshar Spintex (BOM:541303) Gross-Profit-to-Asset % : 45.66% (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Akshar Spintex 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. Akshar Spintex's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹337 Mil. Akshar Spintex's average Total Assets over the quarter that ended in Mar. 2024 was ₹739 Mil. Therefore, Akshar Spintex's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 45.66%.


Akshar Spintex Gross-Profit-to-Asset % Historical Data

The historical data trend for Akshar Spintex'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.

Akshar Spintex Gross-Profit-to-Asset % Chart

Akshar Spintex 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 9.02 15.78 26.98 18.00 36.66

Akshar Spintex Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 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 36.55 34.00 35.57 31.80 45.66

Competitive Comparison of Akshar Spintex's Gross-Profit-to-Asset %

For the Textile Manufacturing subindustry, Akshar Spintex'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.


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

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

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



Akshar Spintex Gross-Profit-to-Asset % Calculation

Akshar Spintex'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 )
=275.512/( (764.406+738.581)/ 2 )
=275.512/751.4935
=36.66 %

Akshar Spintex'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 )
=337.264/( (0+738.581)/ 1 )
=337.264/738.581
=45.66 %

* 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.


Akshar Spintex Gross-Profit-to-Asset % Related Terms

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


Akshar Spintex (BOM:541303) Business Description

Traded in Other Exchanges
Address
150 Feet Ring Road, C-704, The Imperial Heights, Opposite Big Bazaar, Rajkot, GJ, IND, 360005
Akshar Spintex Ltd is an India based company engaged in manufacturing textile products. The product portfolio of the company includes Natural Cotton, BCI Certified Cotton, Organic Certified Cotton, Viscose, Modal, Carded Cotton Yarn and Melange Yarn, among others.

Akshar Spintex (BOM:541303) Headlines

No Headlines