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Medi Assist Healthcare Services (NSE:MEDIASSIST) Gross-Profit-to-Asset % : 54.20% (As of Mar. 2024)


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What is Medi Assist Healthcare Services 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. Medi Assist Healthcare Services's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹4,480 Mil. Medi Assist Healthcare Services's average Total Assets over the quarter that ended in Mar. 2024 was ₹8,266 Mil. Therefore, Medi Assist Healthcare Services's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 54.20%.

Medi Assist Healthcare Services Gross-Profit-to-Asset % Historical Data

The historical data trend for Medi Assist Healthcare Services'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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Medi Assist Healthcare Services Gross-Profit-to-Asset % Chart

Medi Assist Healthcare Services Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
28.58 33.52 46.98 48.88

Medi Assist Healthcare Services Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial - 41.34 51.79 41.47 54.20

Competitive Comparison of Medi Assist Healthcare Services's Gross-Profit-to-Asset %

For the Healthcare Plans subindustry, Medi Assist Healthcare Services'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.

Medi Assist Healthcare Services's Gross-Profit-to-Asset % Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Medi Assist Healthcare Services's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Medi Assist Healthcare Services's Gross-Profit-to-Asset % falls into.


Medi Assist Healthcare Services Gross-Profit-to-Asset % Calculation

Medi Assist Healthcare Services'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 )
=3803.61/( (7057.16+8505.84)/ 2 )
=3803.61/7781.5
=48.88 %

Medi Assist Healthcare Services'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: Sep. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=4479.82/( (8026.19+8505.84)/ 2 )
=4479.82/8266.015
=54.20 %

* 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 two times the semi-annual (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Medi Assist Healthcare Services Gross-Profit-to-Asset % Related Terms

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Medi Assist Healthcare Services (NSE:MEDIASSIST) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Medi Assist Healthcare Services Ltd (NSE:MEDIASSIST) » Definitions » Gross-Profit-to-Asset %
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544088:India
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Medi Assist Healthcare Services Ltd is a HealthTech and InsurTech company focused on administering health benefits across employers, retail members, and public health schemes. Its clients are insurance companies and also serve as an intermediary between (a) general and health insurance companies and the insured members, (b) insurance companies and healthcare providers (such as hospitals), and (c) the Government and beneficiaries of public health schemes. The company derives income by providing health management services, software subscription, software license services, consultancy services and other allied services pertaining to healthcare and health insurance sector. It also offers business support services and other technical services.

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