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Setco Automotive (BOM:505075) Gross-Profit-to-Asset % : 60.24% (As of Dec. 2023)


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What is Setco Automotive 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. Setco Automotive's annualized Gross Profit for the quarter that ended in Dec. 2023 was ₹3,365 Mil. Setco Automotive's average Total Assets over the quarter that ended in Dec. 2023 was ₹5,586 Mil. Therefore, Setco Automotive's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 60.24%.


Setco Automotive Gross-Profit-to-Asset % Historical Data

The historical data trend for Setco Automotive'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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Setco Automotive Gross-Profit-to-Asset % Chart

Setco Automotive 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 45.43 32.48 21.66 26.14 36.96

Setco Automotive 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 32.32 38.12 48.56 50.14 60.24

Competitive Comparison of Setco Automotive's Gross-Profit-to-Asset %

For the Auto Parts subindustry, Setco Automotive'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.


Setco Automotive's Gross-Profit-to-Asset % Distribution in the Vehicles & Parts Industry

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

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



Setco Automotive Gross-Profit-to-Asset % Calculation

Setco Automotive'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 )
=2242.605/( (6390.875+5744.367)/ 2 )
=2242.605/6067.621
=36.96 %

Setco Automotive'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 )
=3364.8/( (5585.5+0)/ 1 )
=3364.8/5585.5
=60.24 %

* 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.


Setco Automotive Gross-Profit-to-Asset % Related Terms

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Setco Automotive (BOM:505075) Business Description

Traded in Other Exchanges
Address
54A, Tardeo Road, Near Film Center Building, Mumbai, MH, IND, 400 034
Setco Automotive Ltd operates in the Auto Parts industry. It is solely engaged in the Auto components segment. The company is a manufacturer and supplier of Premium Quality Lipe brand clutches for Indian commercial vehicle manufacturers such as Tata Motors, Bharat Benz, Ashok Leyland, Man India, Mahindra and Mahindra, Volvo - Eicher Commercial Vehicles, and Asia Motor Works amongst others. It also manufactures clutches for hydraulic products for the construction equipment industry.

Setco Automotive (BOM:505075) Headlines

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