GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ashima Ltd (BOM:514286) » Definitions » Profitability Rank

Ashima (BOM:514286) Profitability Rank : 2 (As of Dec. 2023)


View and export this data going back to 1993. Start your Free Trial

What is Ashima Profitability Rank?

Ashima has the Profitability Rank of 2. It has had trouble to make a profit.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Ashima's Operating Margin % for the quarter that ended in Dec. 2023 was 6.06%. As of today, Ashima's Piotroski F-Score is 3.


Competitive Comparison of Ashima's Profitability Rank

For the Textile Manufacturing subindustry, Ashima's Profitability Rank, along with its competitors' market caps and Profitability Rank 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.


Ashima's Profitability Rank Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ashima's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Ashima's Profitability Rank falls into.



Ashima Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Ashima has the Profitability Rank of 2. It has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Ashima's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=47.9 / 790.8
=6.06 %

* 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.

2. Piotroski F-Score

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Ashima has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Warning Sign:

Ashima Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -4.4%.

4. Consistency of the profitability

5. Predictability Rank


Ashima Profitability Rank Related Terms

Thank you for viewing the detailed overview of Ashima's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Ashima (BOM:514286) Business Description

Traded in Other Exchanges
Address
Texcellence Complex, Near Anupam Cinema, Khokhara Mehmedabad, Ahmedabad, GJ, IND, 380021
Ashima Ltd is a Textile Manufacturing company engaged in the manufacture of cotton fabric in India. It offers a range of cotton textile products, including denim, shirting, bottom weights, and interlinings. Its fabrics include Denim, Price dyed, and Fusible Interlinings. It offers various types of denim, including open-end denim, ring denim, slub denim, cross-hatch denim, stretch denim, and fashion denim. The firm sells its goods in the domestic market and also exports them to various countries. It operates in Textiles, Real Estate, Investment, and Others.

Ashima (BOM:514286) Headlines

No Headlines