Noritz (TSE:5943) Gross-Profit-to-Asset % : 30.82% (As of Mar. 2024)

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What is Noritz 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. Noritz's annualized Gross Profit for the quarter that ended in Mar. 2024 was 円65,080 Mil. Noritz's average Total Assets over the quarter that ended in Mar. 2024 was 円211,152 Mil. Therefore, Noritz's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 30.82%.

Noritz Gross-Profit-to-Asset % Historical Data

The historical data trend for Noritz'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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Noritz Gross-Profit-to-Asset % Chart

Noritz Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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32.39

29.82

29.77

32.72

30.05

Noritz 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															31.73	26.75	26.92	34.03	30.82

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

For the Building Products & Equipment subindustry, Noritz'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.

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

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

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

Noritz Gross-Profit-to-Asset % Calculation

Noritz's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	63824	/	( (216974	+	207771)	/ 2 )
	=	63824	/	212372.5
	=	30.05 %

Noritz'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 )
	=	65080	/	( (207771	+	214533)	/ 2 )
	=	65080	/	211152
	=	30.82 %

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.

Noritz Gross-Profit-to-Asset % Related Terms

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Noritz (TSE:5943) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Noritz Corp (TSE:5943) » Definitions » Gross-Profit-to-Asset %

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Traded in Other Exchanges

NRTZF:USA

Address

93 Edo-machi, Chuo-ku, Kobe, JPN, 650-0033

Website

http://www.noritz.co.jp

Noritz Corp is a Japanese company that develops and manufactures various heating and household appliances. The company operates across North America, Brazil, East Asia, Hong Kong, Oceania, and Europe. The firm's activities are divided between its Domestic Business and Overseas Business. These businesses are further segmented into a Heating Ventilation and Air Conditioning (HVAC) unit that includes water, gas, and hydronic heating systems; a Renewable Energies unit that includes solar heaters and photovoltaic power generation systems; a Housing Equipment unit that includes built-in bath and kitchen systems; and a Kitchen Appliances unit that includes gas cookers. Geographically, the majority of revenue is derived from the company's sales in Asia.

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