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Toho Acetylene Co (TSE:4093) Gross-Profit-to-Asset % : 36.98% (As of Dec. 2023)


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What is Toho Acetylene Co 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. Toho Acetylene Co's annualized Gross Profit for the quarter that ended in Dec. 2023 was 円11,773 Mil. Toho Acetylene Co's average Total Assets over the quarter that ended in Dec. 2023 was 円31,838 Mil. Therefore, Toho Acetylene Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 36.98%.


Toho Acetylene Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Toho Acetylene Co'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.

Toho Acetylene Co Gross-Profit-to-Asset % Chart

Toho Acetylene Co 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 32.71 32.79 32.05 32.11 32.84

Toho Acetylene Co 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 33.12 34.61 34.55 33.08 36.98

Competitive Comparison of Toho Acetylene Co's Gross-Profit-to-Asset %

For the Chemicals subindustry, Toho Acetylene Co'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.


Toho Acetylene Co's Gross-Profit-to-Asset % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Toho Acetylene Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Toho Acetylene Co Gross-Profit-to-Asset % Calculation

Toho Acetylene Co'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 )
=10121.388/( (30271.632+31364.098)/ 2 )
=10121.388/30817.865
=32.84 %

Toho Acetylene Co'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 )
=11772.828/( (31190.846+32485.169)/ 2 )
=11772.828/31838.0075
=36.98 %

* 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.


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Toho Acetylene Co (TSE:4093) Business Description

Traded in Other Exchanges
N/A
Address
Sakae 2 - chome No. 3 32, Miyagi Prefecture, Tagajo, JPN, 103-0004
Toho Acetylene Co., Ltd. is a Japan-based company mainly engaged in the manufacture and sale of high-pressure gases. It is organized in three business segments - Gas related business, Equipment related business and Automotive Equipment related business. Its offers dissolve acetylene, acid, glutinous, liquefied petroleum gas, solution materials, fusion cutting equipment, containers, and life-related equipment.

Toho Acetylene Co (TSE:4093) Headlines

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