GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Riba Textiles Ltd (BOM:531952) » Definitions » Gross-Profit-to-Asset %

Riba Textiles (BOM:531952) Gross-Profit-to-Asset % : 68.56% (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Riba Textiles 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. Riba Textiles's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹1,228 Mil. Riba Textiles's average Total Assets over the quarter that ended in Mar. 2024 was ₹1,791 Mil. Therefore, Riba Textiles's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 68.56%.


Riba Textiles Gross-Profit-to-Asset % Historical Data

The historical data trend for Riba Textiles'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.

Riba Textiles Gross-Profit-to-Asset % Chart

Riba Textiles 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 26.26 25.22 19.37 52.11 53.40

Riba Textiles 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 82.61 60.51 48.78 38.55 68.56

Competitive Comparison of Riba Textiles's Gross-Profit-to-Asset %

For the Textile Manufacturing subindustry, Riba Textiles'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.


Riba Textiles's Gross-Profit-to-Asset % Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Riba Textiles Gross-Profit-to-Asset % Calculation

Riba Textiles'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 )
=916.613/( (1642.083+1790.818)/ 2 )
=916.613/1716.4505
=53.40 %

Riba Textiles'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 )
=1227.772/( (0+1790.818)/ 1 )
=1227.772/1790.818
=68.56 %

* 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.


Riba Textiles Gross-Profit-to-Asset % Related Terms

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


Riba Textiles (BOM:531952) Business Description

Traded in Other Exchanges
N/A
Address
Assandh Road, Kishore House, Panipat, HR, IND, 132103
Riba Textiles Ltd is engaged in manufacturing and export of terry towels. It produces bath towels, beach towels, and tufted bath mats. The company's product portfolio includes SPA towels, Yarn dyed towels, Plain dyed towels, Printed border towels, Embroidered towels, Bathrobes, Double jacquard towels, Weft insert rapier towels, Sublistatic printed towels, Yarn dyed and piece dyed tufted bath mats, and beach accessories.

Riba Textiles (BOM:531952) Headlines

No Headlines