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Hisar Metal Industries (NSE:HISARMETAL) Gross-Profit-to-Asset % : 34.00% (As of Mar. 2024)


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What is Hisar Metal Industries 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. Hisar Metal Industries's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹577 Mil. Hisar Metal Industries's average Total Assets over the quarter that ended in Mar. 2024 was ₹1,698 Mil. Therefore, Hisar Metal Industries's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 34.00%.


Hisar Metal Industries Gross-Profit-to-Asset % Historical Data

The historical data trend for Hisar Metal Industries'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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Hisar Metal Industries Gross-Profit-to-Asset % Chart

Hisar Metal Industries 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 19.74 19.96 25.60 45.15 35.59

Hisar Metal Industries Quarterly Data
Jun19 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 35.01 37.64 37.23 39.99 34.00

Competitive Comparison of Hisar Metal Industries's Gross-Profit-to-Asset %

For the Steel subindustry, Hisar Metal Industries'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.


Hisar Metal Industries's Gross-Profit-to-Asset % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hisar Metal Industries's Gross-Profit-to-Asset % distribution charts can be found below:

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



Hisar Metal Industries Gross-Profit-to-Asset % Calculation

Hisar Metal Industries'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 )
=560.1/( (1449.685+1697.8)/ 2 )
=560.1/1573.7425
=35.59 %

Hisar Metal Industries'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 )
=577.2/( (0+1697.8)/ 1 )
=577.2/1697.8
=34.00 %

* 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.


Hisar Metal Industries Gross-Profit-to-Asset % Related Terms

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Hisar Metal Industries (NSE:HISARMETAL) Business Description

Traded in Other Exchanges
Address
Delhi Road, Near Industrial Development Colony, Hisar, HR, IND, 125 005
Hisar Metal Industries Ltd is an Indian-based company, operating in the steel business. It is involved in the manufacturing of cold-rolled stainless steel strips and stainless steel tubes and pipes. The company generates maximum revenue from the sale of Cold Rolled Stainless Steel strips.

Hisar Metal Industries (NSE:HISARMETAL) Headlines

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