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Gujarat Gas (NSE:GUJGASLTD) Gross-Profit-to-Asset % : 24.96% (As of Dec. 2023)


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What is Gujarat Gas 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. Gujarat Gas's annualized Gross Profit for the quarter that ended in Dec. 2023 was ₹28,242 Mil. Gujarat Gas's average Total Assets over the quarter that ended in Dec. 2023 was ₹113,159 Mil. Therefore, Gujarat Gas's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 24.96%.


Gujarat Gas Gross-Profit-to-Asset % Historical Data

The historical data trend for Gujarat Gas'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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Gujarat Gas Gross-Profit-to-Asset % Chart

Gujarat Gas Annual Data
Trend Dec13 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 19.10 26.90 30.07 27.61 27.76

Gujarat Gas Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 34.01 7.68 25.15 27.99 24.96

Competitive Comparison of Gujarat Gas's Gross-Profit-to-Asset %

For the Utilities - Regulated Gas subindustry, Gujarat Gas'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.


Gujarat Gas's Gross-Profit-to-Asset % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Gujarat Gas's Gross-Profit-to-Asset % distribution charts can be found below:

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



Gujarat Gas Gross-Profit-to-Asset % Calculation

Gujarat Gas'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 )
=28469.6/( (95873.3+109274.3)/ 2 )
=28469.6/102573.8
=27.76 %

Gujarat Gas's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=28242.4/( (113158.5+0)/ 1 )
=28242.4/113158.5
=24.96 %

* 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 (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Gujarat Gas Gross-Profit-to-Asset % Related Terms

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Gujarat Gas (NSE:GUJGASLTD) Business Description

Traded in Other Exchanges
Address
2, Shanti Sadan Society, Near Parimal Garden, Ellisbridge, Ahmedabad, GJ, IND, 380 006
Gujarat Gas Ltd is an India based gas distribution company. Its activities include sale, purchase, supply, distribution, transport, trading in Natural Gas, Compressed natural gas, Liquefied natural gas, Liquefied petroleum gas and other gaseous forms. The company transports the gas through pipelines, trucks, trains or other suitable mode for transportation. It operates in the segment of the natural gas business. All the business activities of the company are carried out in India.

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