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Techno Medica Co (TSE:6678) Gross-Profit-to-Asset % : 27.98% (As of Dec. 2023)


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What is Techno Medica 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. Techno Medica Co's annualized Gross Profit for the quarter that ended in Dec. 2023 was 円4,672 Mil. Techno Medica Co's average Total Assets over the quarter that ended in Dec. 2023 was 円16,699 Mil. Therefore, Techno Medica Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 27.98%.


Techno Medica Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Techno Medica 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.

Techno Medica Co Gross-Profit-to-Asset % Chart

Techno Medica 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 27.52 27.49 26.11 26.72 24.40

Techno Medica 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 25.26 34.94 18.81 26.98 27.98

Competitive Comparison of Techno Medica Co's Gross-Profit-to-Asset %

For the Medical Devices subindustry, Techno Medica 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.


Techno Medica Co's Gross-Profit-to-Asset % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Techno Medica Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Techno Medica Co Gross-Profit-to-Asset % Calculation

Techno Medica 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 )
=4630.294/( (18508.245+19443.171)/ 2 )
=4630.294/18975.708
=24.40 %

Techno Medica 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 )
=4671.82/( (17815.667+15582.431)/ 2 )
=4671.82/16699.049
=27.98 %

* 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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Techno Medica Co (TSE:6678) Business Description

Traded in Other Exchanges
N/A
Address
5-5-1 Nakamachidai, Tsuzuki-ku, Yokohama, JPN, 224-0041
Techno Medica Co Ltd is engaged in the research, development, manufacturing, and sales of medical and in vitro diagnostic products. The company's products classified under Test Tube preparation systems. Additionally, company also import and export medical equipment and Analytical instrument for clinical examination.

Techno Medica Co (TSE:6678) Headlines

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