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Hisar Spinning Mills (BOM:521068) Gross-Profit-to-Asset % : 73.08% (As of Mar. 2024)


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What is Hisar Spinning Mills 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. Hisar Spinning Mills's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹196.3 Mil. Hisar Spinning Mills's average Total Assets over the quarter that ended in Mar. 2024 was ₹268.6 Mil. Therefore, Hisar Spinning Mills's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 73.08%.


Hisar Spinning Mills Gross-Profit-to-Asset % Historical Data

The historical data trend for Hisar Spinning Mills'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.

Hisar Spinning Mills Gross-Profit-to-Asset % Chart

Hisar Spinning Mills Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.37 58.94 68.25 72.72 62.20

Hisar Spinning Mills 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 60.98 63.78 53.07 57.97 73.08

Competitive Comparison of Hisar Spinning Mills's Gross-Profit-to-Asset %

For the Textile Manufacturing subindustry, Hisar Spinning Mills'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.


Hisar Spinning Mills's Gross-Profit-to-Asset % Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Hisar Spinning Mills Gross-Profit-to-Asset % Calculation

Hisar Spinning Mills'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 )
=164.907/( (261.604+268.631)/ 2 )
=164.907/265.1175
=62.20 %

Hisar Spinning Mills'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 )
=196.328/( (0+268.631)/ 1 )
=196.328/268.631
=73.08 %

* 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.


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Hisar Spinning Mills (BOM:521068) Business Description

Traded in Other Exchanges
N/A
Address
Hisar Bhiwani Road, 9th KM Stone, Village and Post Office Dabra, Hisar, HR, IND, 125005
Hisar Spinning Mills Ltd is a textile manufacturing company. It is engaged in the business of trading of cotton yarns in India. The company has installed open-end machines with approximately 672 rotors along with ring doublers which have a capacity of approximately 2200 metric ton to produce cotton yarns.

Hisar Spinning Mills (BOM:521068) Headlines

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