GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Rane Brake Linings Ltd (BOM:532987) » Definitions » Gross-Profit-to-Asset %

Rane Brake Linings (BOM:532987) Gross-Profit-to-Asset % : 88.06% (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Rane Brake Linings 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. Rane Brake Linings's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹3,529 Mil. Rane Brake Linings's average Total Assets over the quarter that ended in Mar. 2024 was ₹4,007 Mil. Therefore, Rane Brake Linings's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 88.06%.


Rane Brake Linings Gross-Profit-to-Asset % Historical Data

The historical data trend for Rane Brake Linings'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.

Rane Brake Linings Gross-Profit-to-Asset % Chart

Rane Brake Linings 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 66.73 57.82 58.15 69.61 77.10

Rane Brake Linings 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 80.50 71.82 75.47 78.30 88.06

Competitive Comparison of Rane Brake Linings's Gross-Profit-to-Asset %

For the Auto Parts subindustry, Rane Brake Linings'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.


Rane Brake Linings's Gross-Profit-to-Asset % Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Rane Brake Linings's Gross-Profit-to-Asset % falls into.



Rane Brake Linings Gross-Profit-to-Asset % Calculation

Rane Brake Linings'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 )
=2987.2/( (3741.5+4007.2)/ 2 )
=2987.2/3874.35
=77.10 %

Rane Brake Linings'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 )
=3528.8/( (0+4007.2)/ 1 )
=3528.8/4007.2
=88.06 %

* 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.


Rane Brake Linings Gross-Profit-to-Asset % Related Terms

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


Rane Brake Linings (BOM:532987) Business Description

Traded in Other Exchanges
Address
Malthri, No. 132, Cathedral Road, Rane Corporate Centre, Chennai, TN, IND, 600 086
Rane Brake Linings Ltd manufactures and markets auto components. The company offers products such as brake linings, disc pads, clutch facings, clutch buttons, brake shoes and railway brake blocks for passenger cars, utility vehicles, commercial vehicles, two-wheelers, and railways. Geographically, it derives a majority of revenue from India and also has a presence in the Rest of the World. It is engaged in activities related to the manufacture and supply of auto components for the transportation industry.

Rane Brake Linings (BOM:532987) Headlines

No Headlines