GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aakash Exploration Services Ltd (NSE:AAKASH) » Definitions » Gross-Profit-to-Asset %

Aakash Exploration Services (NSE:AAKASH) Gross-Profit-to-Asset % : 83.26% (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Aakash Exploration Services 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. Aakash Exploration Services's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹780.6 Mil. Aakash Exploration Services's average Total Assets over the quarter that ended in Mar. 2024 was ₹937.6 Mil. Therefore, Aakash Exploration Services's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 83.26%.


Aakash Exploration Services Gross-Profit-to-Asset % Historical Data

The historical data trend for Aakash Exploration Services'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.

Aakash Exploration Services Gross-Profit-to-Asset % Chart

Aakash Exploration Services 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 61.93 45.39 53.06 95.14 83.64

Aakash Exploration Services Quarterly Data
Mar19 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 53.12 69.22 83.24 97.89 83.26

Competitive Comparison of Aakash Exploration Services's Gross-Profit-to-Asset %

For the Oil & Gas Equipment & Services subindustry, Aakash Exploration Services'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.


Aakash Exploration Services's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Aakash Exploration Services's Gross-Profit-to-Asset % distribution charts can be found below:

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



Aakash Exploration Services Gross-Profit-to-Asset % Calculation

Aakash Exploration Services'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 )
=740.562/( (833.346+937.56)/ 2 )
=740.562/885.453
=83.64 %

Aakash Exploration Services'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 )
=780.596/( (0+937.56)/ 1 )
=780.596/937.56
=83.26 %

* 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.


Aakash Exploration Services Gross-Profit-to-Asset % Related Terms

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


Aakash Exploration Services (NSE:AAKASH) Business Description

Traded in Other Exchanges
N/A
Address
424-426, 4th Floor, Shukan Mall, Near Visat Petrol Pump, Sabarmati, Ahmedabad, GJ, IND, 380005
Aakash Exploration Services Ltd provides oil and gas field services in India. It offers mobile work over rigs, hot oil circulation units, air compressors, mobile steaming units, mobile pumping units, cranes, manpower services, SRP unit supply and maintenance, and other related services. The company derives revenue from the sale of services.

Aakash Exploration Services (NSE:AAKASH) Headlines

No Headlines