GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Finolex Cables Ltd (LUX:FINOL) » Definitions » Gross-Profit-to-Asset %

Finolex Cables (LUX:FINOL) Gross-Profit-to-Asset % : 20.69% (As of Mar. 2024)


View and export this data going back to 1994. Start your Free Trial

What is Finolex Cables 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. Finolex Cables's annualized Gross Profit for the quarter that ended in Mar. 2024 was $140.4 Mil. Finolex Cables's average Total Assets over the quarter that ended in Mar. 2024 was $678.8 Mil. Therefore, Finolex Cables's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 20.69%.


Finolex Cables Gross-Profit-to-Asset % Historical Data

The historical data trend for Finolex Cables'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.

Finolex Cables Gross-Profit-to-Asset % Chart

Finolex Cables 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 21.45 18.03 16.52 19.05 20.00

Finolex Cables 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 20.95 20.43 19.82 19.13 20.69

Competitive Comparison of Finolex Cables's Gross-Profit-to-Asset %

For the Electrical Equipment & Parts subindustry, Finolex Cables'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.


Finolex Cables's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Finolex Cables's Gross-Profit-to-Asset % distribution charts can be found below:

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



Finolex Cables Gross-Profit-to-Asset % Calculation

Finolex Cables'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 )
=128.408/( (605.404+678.76)/ 2 )
=128.408/642.082
=20.00 %

Finolex Cables'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 )
=140.428/( (0+678.76)/ 1 )
=140.428/678.76
=20.69 %

* 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.


Finolex Cables Gross-Profit-to-Asset % Related Terms

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


Finolex Cables (LUX:FINOL) Business Description

Traded in Other Exchanges
Address
26-27 Mumbai-Pune Road, Pimpri, Pune, MH, IND, 411018
Finolex Cables Ltd is an electronic components company. The operating segments of the group are Electrical cables, Communication cables, Copper rods and Others - Trading of Electrical and other goods. It derives a majority of revenue from the Electrical cables segment. The group offers products like Wires and cables, Optical fibre cables, Switches, LED lightings, Fans, MCB, Water heater and other products. Geographically the business presence of the firm can be seen in the Indian and International market.

Finolex Cables (LUX:FINOL) Headlines

No Headlines