Vedant Asset (BOM:543623) Gross-Profit-to-Asset % : 30.20% (As of Mar. 2024)

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What is Vedant Asset 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. Vedant Asset's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹18.62 Mil. Vedant Asset's average Total Assets over the quarter that ended in Mar. 2024 was ₹61.63 Mil. Therefore, Vedant Asset's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 30.20%.

Vedant Asset Gross-Profit-to-Asset % Historical Data

The historical data trend for Vedant Asset'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.

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Vedant Asset Gross-Profit-to-Asset % Chart

Vedant Asset Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Gross-Profit-to-Asset %

40.18

32.14

35.21

60.60

30.90

Vedant Asset Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial			-	63.58	59.21	34.74	30.20

Competitive Comparison of Vedant Asset's Gross-Profit-to-Asset %

For the Asset Management subindustry, Vedant Asset'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.

Vedant Asset's Gross-Profit-to-Asset % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Vedant Asset's Gross-Profit-to-Asset % distribution charts can be found below:

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

Vedant Asset Gross-Profit-to-Asset % Calculation

Vedant Asset'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 )
	=	18.847	/	( (54.275	+	67.712)	/ 2 )
	=	18.847	/	60.9935
	=	30.90 %

Vedant Asset'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: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	18.616	/	( (55.556	+	67.712)	/ 2 )
	=	18.616	/	61.634
	=	30.20 %

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 (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Vedant Asset Gross-Profit-to-Asset % Related Terms

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Vedant Asset (BOM:543623) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Vedant Asset Ltd (BOM:543623) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 rd Floor, Gayways House, Pee Pee Compound, Ranchi, JH, IND, 834001

Website

https://www.vedantasset.com

Vedant Asset Ltd is engaged in a Financial Investment Super Market for private and rural investors. The core business is to earn revenue from brokerage and commission by managing funds of investors with various mutual fund houses and providing Banking Correspondence Services in association with various banks.

Vedant Asset (BOM:543623) Headlines

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