GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mitsubishi Electric Corp (OTCPK:MIELY) » Definitions » Gross-Profit-to-Asset %

MIELY (Mitsubishi Electric) Gross-Profit-to-Asset % : 29.91% (As of Sep. 2024)


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

What is Mitsubishi Electric 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. Mitsubishi Electric's annualized Gross Profit for the quarter that ended in Sep. 2024 was $12,252 Mil. Mitsubishi Electric's average Total Assets over the quarter that ended in Sep. 2024 was $40,964 Mil. Therefore, Mitsubishi Electric's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 29.91%.


Mitsubishi Electric Gross-Profit-to-Asset % Historical Data

The historical data trend for Mitsubishi Electric'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.

Mitsubishi Electric Gross-Profit-to-Asset % Chart

Mitsubishi Electric 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 29.26 25.39 24.45 24.81 24.88

Mitsubishi Electric Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 26.39 26.58 28.29 23.48 29.91

Competitive Comparison of Mitsubishi Electric's Gross-Profit-to-Asset %

For the Electrical Equipment & Parts subindustry, Mitsubishi Electric'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.


Mitsubishi Electric's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mitsubishi Electric's Gross-Profit-to-Asset % distribution charts can be found below:

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



Mitsubishi Electric Gross-Profit-to-Asset % Calculation

Mitsubishi Electric'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 )
=10318.138/( (41765.221+41165.383)/ 2 )
=10318.138/41465.302
=24.88 %

Mitsubishi Electric's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=12252.108/( (39307.374+42620.724)/ 2 )
=12252.108/40964.049
=29.91 %

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


Mitsubishi Electric Gross-Profit-to-Asset % Related Terms

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


Mitsubishi Electric Business Description

Traded in Other Exchanges
Address
Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8310
Mitsubishi Electric is a diversified industrials company that develops, manufactures and sells electrical equipment worldwide. The company's core segments include: industrial automation systems, energy and electric systems, electric devices, information and communication systems, and home appliances (which includes commercial air conditioning). Mitsubishi Electric was founded in 1921 and is headquartered in Tokyo.

Mitsubishi Electric Headlines

From GuruFocus

First Eagle Comments on Mitsubishi Electric

By Sydnee Gatewood 07-27-2021