GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Astral Ltd (NSE:ASTRAL) » Definitions » Gross-Profit-to-Asset %

Astral (NSE:ASTRAL) Gross-Profit-to-Asset % : 57.48% (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Astral 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. Astral's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹25,856 Mil. Astral's average Total Assets over the quarter that ended in Mar. 2024 was ₹44,979 Mil. Therefore, Astral's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 57.48%.


Astral Gross-Profit-to-Asset % Historical Data

The historical data trend for Astral'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.

Astral Gross-Profit-to-Asset % Chart

Astral 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 42.26 46.43 45.73 44.43 49.20

Astral 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 52.88 43.73 49.00 48.77 57.48

Competitive Comparison of Astral's Gross-Profit-to-Asset %

For the Building Products & Equipment subindustry, Astral'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.


Astral's Gross-Profit-to-Asset % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Astral's Gross-Profit-to-Asset % distribution charts can be found below:

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



Astral Gross-Profit-to-Asset % Calculation

Astral'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 )
=21824/( (43731+44979)/ 2 )
=21824/44355
=49.20 %

Astral'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 )
=25856/( (0+44979)/ 1 )
=25856/44979
=57.48 %

* 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.


Astral Gross-Profit-to-Asset % Related Terms

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


Astral (NSE:ASTRAL) Business Description

Traded in Other Exchanges
Address
Off. S.G. Highway, Astral House, 207/1, Behind Rajpath Club, Ahmedabad, GJ, IND, 380059
Astral Ltd manufactures plumbing systems, drainage systems, agriculture, industrial and electrical conduit pipes with various types of fittings. Operations are divided into two business segment units: Plumbing, and Paints and Adhesives. Astral's list of clients includes hospitals, resorts, parks, stadiums, government facilities, and a host of other industries. The majority of the company's products are utilized across India. Pipes and systems are sold under several brand names and can be built to withstand many conditions imposed by a system's environment and meet several requirements and regulations.

Astral (NSE:ASTRAL) Headlines

No Headlines