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Garware Technical Fibres (BOM:509557) Gross-Profit-to-Asset % : 52.57% (As of Dec. 2023)


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What is Garware Technical Fibres 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. Garware Technical Fibres's annualized Gross Profit for the quarter that ended in Dec. 2023 was ₹8,271 Mil. Garware Technical Fibres's average Total Assets over the quarter that ended in Dec. 2023 was ₹15,734 Mil. Therefore, Garware Technical Fibres's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 52.57%.


Garware Technical Fibres Gross-Profit-to-Asset % Historical Data

The historical data trend for Garware Technical Fibres'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.

Garware Technical Fibres Gross-Profit-to-Asset % Chart

Garware Technical Fibres 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 59.52 51.98 51.50 53.52 53.97

Garware Technical Fibres 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 53.32 39.09 63.28 59.86 52.57

Competitive Comparison of Garware Technical Fibres's Gross-Profit-to-Asset %

For the Textile Manufacturing subindustry, Garware Technical Fibres'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.


Garware Technical Fibres's Gross-Profit-to-Asset % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Garware Technical Fibres's Gross-Profit-to-Asset % distribution charts can be found below:

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



Garware Technical Fibres Gross-Profit-to-Asset % Calculation

Garware Technical Fibres'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 )
=7847.3/( (14150.788+14931.7)/ 2 )
=7847.3/14541.244
=53.97 %

Garware Technical Fibres'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 )
=8270.868/( (15734.119+0)/ 1 )
=8270.868/15734.119
=52.57 %

* 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.


Garware Technical Fibres Gross-Profit-to-Asset % Related Terms

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Garware Technical Fibres (BOM:509557) Business Description

Traded in Other Exchanges
Address
Plot No. 11, Block D - 1, MIDC, Chinchwad, Pune, MH, IND, 411019
Garware Technical Fibres Ltd is involved in the textile business. The firm provides application-focused solutions for various sectors including deep-sea fishing, aquaculture, shipping, agriculture, sports, infrastructure, and transportation. Its operating segment includes Synthetic Cordage and Fibre and Industrial Products and Projects. The company generates maximum revenue from the Synthetic Cordage segment. Its products include ropes, twine, yarn, fishnet, and other nets.

Garware Technical Fibres (BOM:509557) Headlines

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