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Millat Tractors (KAR:MTL) Gross-Profit-to-Asset % : 74.95% (As of Mar. 2024)


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What is Millat Tractors 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. Millat Tractors's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₨26,688 Mil. Millat Tractors's average Total Assets over the quarter that ended in Mar. 2024 was ₨35,608 Mil. Therefore, Millat Tractors's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 74.95%.


Millat Tractors Gross-Profit-to-Asset % Historical Data

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

Millat Tractors Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.96 35.94 54.28 46.66 38.58

Millat Tractors 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 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 47.94 53.53 65.47 77.23 74.95

Competitive Comparison of Millat Tractors's Gross-Profit-to-Asset %

For the Farm & Heavy Construction Machinery subindustry, Millat Tractors'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.


Millat Tractors's Gross-Profit-to-Asset % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Millat Tractors's Gross-Profit-to-Asset % distribution charts can be found below:

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



Millat Tractors Gross-Profit-to-Asset % Calculation

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

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=10404.439/( (24176.354+29765.033)/ 2 )
=10404.439/26970.6935
=38.58 %

Millat Tractors'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 )
=26688.42/( (34177.736+37038.51)/ 2 )
=26688.42/35608.123
=74.95 %

* 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 (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Millat Tractors Gross-Profit-to-Asset % Related Terms

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Millat Tractors (KAR:MTL) Business Description

Traded in Other Exchanges
N/A
Address
9-KM Sheikhupura Road, Shahdara, P.O Box No. 12023, District Sheikhupura, Lahore, PAK
Millat Tractors Ltd operates in the automobile sector. It is engaged in assembling and manufacturing agricultural tractors, implements and multi-application products. The company's operating segment includes Tractors; Tractor components; Castings and Others. It generates maximum revenue from the Tractors segment. The tractor components segment is engaged in the business of manufacturing automotive, agricultural and industrial vehicle parts and components.

Millat Tractors (KAR:MTL) Headlines