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Jet Freight Logistics (NSE:JETFREIGHT) Gross-Profit-to-Asset % : 227.80% (As of Dec. 2023)


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What is Jet Freight Logistics 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. Jet Freight Logistics's annualized Gross Profit for the quarter that ended in Dec. 2023 was ₹3,566 Mil. Jet Freight Logistics's average Total Assets over the quarter that ended in Dec. 2023 was ₹1,565 Mil. Therefore, Jet Freight Logistics's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 227.80%.


Jet Freight Logistics Gross-Profit-to-Asset % Historical Data

The historical data trend for Jet Freight Logistics'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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Jet Freight Logistics Gross-Profit-to-Asset % Chart

Jet Freight Logistics 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 23.32 3.53 8.31 16.11 9.99

Jet Freight Logistics Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 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 275.80 -764.69 279.37 215.49 227.80

Competitive Comparison of Jet Freight Logistics's Gross-Profit-to-Asset %

For the Integrated Freight & Logistics subindustry, Jet Freight Logistics'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.


Jet Freight Logistics's Gross-Profit-to-Asset % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jet Freight Logistics's Gross-Profit-to-Asset % distribution charts can be found below:

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



Jet Freight Logistics Gross-Profit-to-Asset % Calculation

Jet Freight Logistics'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 )
=135.263/( (1135.307+1572.461)/ 2 )
=135.263/1353.884
=9.99 %

Jet Freight Logistics'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 )
=3566.044/( (1565.447+0)/ 1 )
=3566.044/1565.447
=227.80 %

* 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.


Jet Freight Logistics Gross-Profit-to-Asset % Related Terms

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Jet Freight Logistics (NSE:JETFREIGHT) Business Description

Traded in Other Exchanges
Address
Cardinal Gracious Road, Opposite P&G Corporate Park, Pramukh Plaza, 706, C wing, 7th Floor, Opposite Holy Family Church, Chakala, Andheri East, Mumbai, MH, IND, 400099
Jet Freight Logistics Ltd is engaged in the business of freight Forwarding for handling Perishable, General, and time-sensitive cargo and handling general and other kinds of cargo. The Company is offering a wide range of Supply Chain services such as Air Cargo Door-to-Door (Air Cargo DTD) services, Surface Parcel Delivery (SPD) Services to its customers, and Third Party Warehousing. Jet freight logistics offers a wide variety of services to its clients. Apart from Perishable, Time Sensitive, and General Cargo, the Company's service includes custom Clearance, Logistics Solutions, Shipment of Hazardous cargo, and ODC consignments. The Company operates in a single segment.

Jet Freight Logistics (NSE:JETFREIGHT) Headlines

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