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CreditAccess Grameen (NSE:CREDITACC) Gross-Profit-to-Asset % : 11.43% (As of Sep. 2024)


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What is CreditAccess Grameen 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. CreditAccess Grameen's annualized Gross Profit for the quarter that ended in Sep. 2024 was ₹30,408 Mil. CreditAccess Grameen's average Total Assets over the quarter that ended in Sep. 2024 was ₹266,126 Mil. Therefore, CreditAccess Grameen's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 11.43%.


CreditAccess Grameen Gross-Profit-to-Asset % Historical Data

The historical data trend for CreditAccess Grameen'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.

CreditAccess Grameen Gross-Profit-to-Asset % Chart

CreditAccess Grameen 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 9.23 8.43 8.32 9.08 11.06

CreditAccess Grameen 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 10.52 11.24 12.92 10.62 11.43

Competitive Comparison of CreditAccess Grameen's Gross-Profit-to-Asset %

For the Credit Services subindustry, CreditAccess Grameen'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.


CreditAccess Grameen's Gross-Profit-to-Asset % Distribution in the Credit Services Industry

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

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



CreditAccess Grameen Gross-Profit-to-Asset % Calculation

CreditAccess Grameen'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 )
=28033.7/( (218581+288461.6)/ 2 )
=28033.7/253521.3
=11.06 %

CreditAccess Grameen'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 )
=30407.6/( (0+266126.2)/ 1 )
=30407.6/266126.2
=11.43 %

* 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.


CreditAccess Grameen Gross-Profit-to-Asset % Related Terms

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CreditAccess Grameen Business Description

Traded in Other Exchanges
Address
No. 49, 46th Cross, 8th Block, Jayanagar, Next to Rajalakshmi Kalayana Mantap, Bengaluru, KA, IND, 560070
CreditAccess Grameen Ltd provides financial and non-financial products and services. The company is engaged in providing microfinance services to women who are enrolled as members and organized as Joint Liability Groups. The only operating segment of the company is lending to members. Geographically, it operates only in India. The company's financial product includes Income generation loans, Home improvement loans, Emergency loans, Family welfare loans, Gruha Vikas loans, Grameen Swarna loans, Grameen Vikas loans, Life insurance, and others.

CreditAccess Grameen Headlines

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