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Mideast Integrated Steels (BOM:540744) Gross-Profit-to-Asset % : 3.59% (As of Dec. 2023)


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What is Mideast Integrated Steels 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. Mideast Integrated Steels's annualized Gross Profit for the quarter that ended in Dec. 2023 was ₹655 Mil. Mideast Integrated Steels's average Total Assets over the quarter that ended in Dec. 2023 was ₹18,216 Mil. Therefore, Mideast Integrated Steels's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 3.59%.


Mideast Integrated Steels Gross-Profit-to-Asset % Historical Data

The historical data trend for Mideast Integrated Steels'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.

Mideast Integrated Steels Gross-Profit-to-Asset % Chart

Mideast Integrated Steels 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 5.79 0.57 -1.51 0.97 3.49

Mideast Integrated Steels 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 4.65 -1.46 12.99 15.09 3.59

Competitive Comparison of Mideast Integrated Steels's Gross-Profit-to-Asset %

For the Steel subindustry, Mideast Integrated Steels'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.


Mideast Integrated Steels's Gross-Profit-to-Asset % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mideast Integrated Steels's Gross-Profit-to-Asset % distribution charts can be found below:

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



Mideast Integrated Steels Gross-Profit-to-Asset % Calculation

Mideast Integrated Steels'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 )
=665.92/( (19865.76+18266.29)/ 2 )
=665.92/19066.025
=3.49 %

Mideast Integrated Steels'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 )
=654.64/( (18216.49+0)/ 1 )
=654.64/18216.49
=3.59 %

* 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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Mideast Integrated Steels (BOM:540744) Business Description

Traded in Other Exchanges
N/A
Address
Kailash Colony, H-1, Mesco Tower, Zamrudpur Community Centre, New Delhi, IND, 110048
Mideast Integrated Steels Ltd is engaged in the business of extraction of iron ore. The company operates through a single segment namely the Iron and Steel business. It manufactures various products such as pig iron scrap including plates, fines fresh, and boulders, iron ore calibrated lump ores consisting of iron ore fines, and screened lump, coke breeze, granulated slag, and lime slurry. In addition, it also offers repair services.

Mideast Integrated Steels (BOM:540744) Headlines

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