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Kritika Wires (NSE:KRITIKA) Gross-Profit-to-Asset % : 31.51% (As of Mar. 2024)


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What is Kritika Wires 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. Kritika Wires's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹487 Mil. Kritika Wires's average Total Assets over the quarter that ended in Mar. 2024 was ₹1,545 Mil. Therefore, Kritika Wires's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 31.51%.


Kritika Wires Gross-Profit-to-Asset % Historical Data

The historical data trend for Kritika Wires'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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Kritika Wires Gross-Profit-to-Asset % Chart

Kritika Wires 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 13.86 9.63 11.33 21.93 29.32

Kritika Wires Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 9.34 18.34 25.69 22.36 31.51

Competitive Comparison of Kritika Wires's Gross-Profit-to-Asset %

For the Steel subindustry, Kritika Wires'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.


Kritika Wires's Gross-Profit-to-Asset % Distribution in the Steel Industry

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

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



Kritika Wires Gross-Profit-to-Asset % Calculation

Kritika Wires'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 )
=397.043/( (1183.108+1525.341)/ 2 )
=397.043/1354.2245
=29.32 %

Kritika Wires'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: Sep. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=486.826/( (1564.688+1525.341)/ 2 )
=486.826/1545.0145
=31.51 %

* 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 two times the semi-annual (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Kritika Wires Gross-Profit-to-Asset % Related Terms

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Kritika Wires (NSE:KRITIKA) Business Description

Traded in Other Exchanges
N/A
Address
Plot-BG-12, Bus Terminus and Commercial Complex, Unit no. 201, 2nd Floor, AA-I, New Town Pride Hotel Building, Opposite to NOVOTEL, Kolkata, WB, IND, 700156
Kritika Wires Ltd is engaged in the manufacturing of galvanized steel wires and wire products. The company is focused on exporting and supplying Industrial Steel. The company's products are used for the transmission and distribution of electricity, and the manufacturing of concrete slippers, poles, bridges, and other infrastructure facilities. The products of the company include Mild Steel Wire, GI Stay Wire, Spring Steel Wire, Barbed Wire, and others.

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