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Ashoka Metcast (BOM:540923) Gross-Profit-to-Asset % : 6.69% (As of Sep. 2023)


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What is Ashoka Metcast 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. Ashoka Metcast's annualized Gross Profit for the quarter that ended in Sep. 2023 was ₹92.8 Mil. Ashoka Metcast's average Total Assets over the quarter that ended in Sep. 2023 was ₹1,386.0 Mil. Therefore, Ashoka Metcast's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 6.69%.


Ashoka Metcast Gross-Profit-to-Asset % Historical Data

The historical data trend for Ashoka Metcast'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.

Ashoka Metcast Gross-Profit-to-Asset % Chart

Ashoka Metcast 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 - 5.28 8.77 10.37 6.29

Ashoka Metcast Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 12.52 8.50 3.73 6.87 6.69

Competitive Comparison of Ashoka Metcast's Gross-Profit-to-Asset %

For the Steel subindustry, Ashoka Metcast'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.


Ashoka Metcast's Gross-Profit-to-Asset % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ashoka Metcast's Gross-Profit-to-Asset % distribution charts can be found below:

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



Ashoka Metcast Gross-Profit-to-Asset % Calculation

Ashoka Metcast'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 )
=65.163/( (741.771+1329.791)/ 2 )
=65.163/1035.781
=6.29 %

Ashoka Metcast's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=92.78/( (1329.791+1442.218)/ 2 )
=92.78/1386.0045
=6.69 %

* 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 two times the semi-annual (Sep. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Ashoka Metcast Gross-Profit-to-Asset % Related Terms

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Ashoka Metcast (BOM:540923) Business Description

Traded in Other Exchanges
Address
Mithakhali Six Roads, 7th Floor, Ashoka Chambers, Opposite HCG Hospital, Mithakhali, Ahmedabad, GJ, IND, 380006
Ashoka Metcast Ltd is currently engaged in the trading of structural steel and goods. The company has two segments namely Steel Trading and Trading of Goods. The company products are Thermo-Mechanically Treated bars, Angle bars, Mild steel bars, and Steel channels.

Ashoka Metcast (BOM:540923) Headlines

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