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Indian Oil (NSE:IOC) Gross-Profit-to-Asset % : 24.24% (As of Dec. 2023)


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What is Indian Oil 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. Indian Oil's annualized Gross Profit for the quarter that ended in Dec. 2023 was ₹1,109,507 Mil. Indian Oil's average Total Assets over the quarter that ended in Dec. 2023 was ₹4,576,234 Mil. Therefore, Indian Oil's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 24.24%.


Indian Oil Gross-Profit-to-Asset % Historical Data

The historical data trend for Indian Oil'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.

Indian Oil Gross-Profit-to-Asset % Chart

Indian Oil Annual Data
Trend Mar14 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 19.23 13.63 19.97 19.93 13.20

Indian Oil Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 15.20 14.27 2.64 31.30 24.24

Competitive Comparison of Indian Oil's Gross-Profit-to-Asset %

For the Oil & Gas Refining & Marketing subindustry, Indian Oil'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.


Indian Oil's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

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

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



Indian Oil Gross-Profit-to-Asset % Calculation

Indian Oil'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 )
=562768.6/( (4106248.5+4417620.9)/ 2 )
=562768.6/4261934.7
=13.20 %

Indian Oil'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 )
=1109506.8/( (4576233.6+0)/ 1 )
=1109506.8/4576233.6
=24.24 %

* 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.


Indian Oil Gross-Profit-to-Asset % Related Terms

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Indian Oil (NSE:IOC) Business Description

Traded in Other Exchanges
Address
J.B. Tito Marg, 3079/3, Sadiq Nagar, New Delhi, IND, 110 049
Indian Oil Corp Ltd conducts business across the energy value chain as India's national oil company. The Petroleum Products business generates the majority of the group's revenue. Indian Oil pursues exploration and production opportunities both domestically and internationally. Sale of Petrochemicals , Other operating segment of the Corporation comprises; Gas, Oil & Gas Exploration Activities, Explosives & Cryogenic Business and Wind Mill & Solar Power Generation. A network of pipelines in India not only transport oil from company fields but also to and from its refineries. The pipeline network spans across India and can move various petroleum products. The firm's refinery operations include a host of technologies for processing oil and gas to meet the needs of a diverse client base.

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