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Goodyear India (BOM:500168) Gross-Profit-to-Asset % : 48.99% (As of Mar. 2024)


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What is Goodyear India 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. Goodyear India's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹5,778 Mil. Goodyear India's average Total Assets over the quarter that ended in Mar. 2024 was ₹11,794 Mil. Therefore, Goodyear India's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 48.99%.


Goodyear India Gross-Profit-to-Asset % Historical Data

The historical data trend for Goodyear India'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.

Goodyear India Gross-Profit-to-Asset % Chart

Goodyear India Annual Data
Trend Dec14 Dec15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.43 44.93 49.65 56.28 58.30

Goodyear India 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 59.77 64.10 59.68 52.43 48.99

Competitive Comparison of Goodyear India's Gross-Profit-to-Asset %

For the Auto Parts subindustry, Goodyear India'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.


Goodyear India's Gross-Profit-to-Asset % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Goodyear India's Gross-Profit-to-Asset % distribution charts can be found below:

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



Goodyear India Gross-Profit-to-Asset % Calculation

Goodyear India'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 )
=7115/( (12612.9+11793.9)/ 2 )
=7115/12203.4
=58.30 %

Goodyear India'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 )
=5777.6/( (0+11793.9)/ 1 )
=5777.6/11793.9
=48.99 %

* 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.


Goodyear India Gross-Profit-to-Asset % Related Terms

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Goodyear India (BOM:500168) Business Description

Traded in Other Exchanges
N/A
Address
1st Floor, ABW Elegance Tower, Plot No. 8, Commercial Centre, Jasola, New Delhi, IND, 110 025
Goodyear India Ltd is an Indian company. The company is engaged in the business of manufacturing and trading tyres, tubes, and flaps. It sells tyres of its own brand Goodyear. Geographically, it derives a majority of revenue from India. Its only operating segment is Automotive tyres, tubes, and flaps. It generates maximum revenue from Tyres products.

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