TDK (TTDKY) Gross-Profit-to-Asset % : 14.87% (As of Mar. 2024)

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

What is TDK 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. TDK's annualized Gross Profit for the quarter that ended in Mar. 2024 was $3,407 Mil. TDK's average Total Assets over the quarter that ended in Mar. 2024 was $22,908 Mil. Therefore, TDK's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 14.87%.

TDK Gross-Profit-to-Asset % Historical Data

The historical data trend for TDK'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.

TDK Gross-Profit-to-Asset % Chart

TDK Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Gross-Profit-to-Asset %

Get a 7-Day Free Trial

21.06

19.94

20.08

17.78

17.37

TDK 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															9.15	15.32	19.44	21.85	14.87

Competitive Comparison of TDK's Gross-Profit-to-Asset %

For the Electronic Components subindustry, TDK'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.

TDK's Gross-Profit-to-Asset % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TDK's Gross-Profit-to-Asset % distribution charts can be found below:

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

TDK Gross-Profit-to-Asset % Calculation

TDK's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Mar. 2024 )	/	( (Total Assets (A: Mar. 2023 )	+	Total Assets (A: Mar. 2024 ))	/ count )
	=	4024.988	/	( (23544.26	+	22796.262)	/ 2 )
	=	4024.988	/	23170.261
	=	17.37 %

TDK'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 )
	=	3406.972	/	( (23019.791	+	22796.262)	/ 2 )
	=	3406.972	/	22908.0265
	=	14.87 %

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.

TDK Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of TDK's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.

TDK (TTDKY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TDK Corp (OTCPK:TTDKY) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

TTDKF:USA 6762:Japan TDK:Germany

Address

Shibaura Renasite Tower, 3-9-1 Shibaura, Minato-ku, Tokyo, JPN

Website

http://www.tdk.co.jp

Founded in 1935, TDK has its origin in magnetic materials, being the first company to commercialize ferrite in the world, and it used to be known as one of the major cassette-tape manufacturers. TDK is now the only external supplier for magnetic recording heads for hard disk drives, and the company intends to expand its magnetic sensor business for handsets and automobiles by leveraging its expertise. It is also one of the global top suppliers of passive components for autos and polymer rechargeable batteries for smartphones. The company acquired InvenSense in 2017, making it one of the largest MEMS sensor companies in the world.