Marine Electricals (India) (NSE:MARINE) Gross-Profit-to-Asset % : 20.92% (As of Sep. 2024)

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What is Marine Electricals (India) 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. Marine Electricals (India)'s annualized Gross Profit for the quarter that ended in Sep. 2024 was ₹1,508 Mil. Marine Electricals (India)'s average Total Assets over the quarter that ended in Sep. 2024 was ₹7,209 Mil. Therefore, Marine Electricals (India)'s annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 20.92%.

Marine Electricals (India) Gross-Profit-to-Asset % Historical Data

The historical data trend for Marine Electricals (India)'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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Marine Electricals (India) Gross-Profit-to-Asset % Chart

Marine Electricals (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Gross-Profit-to-Asset %

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9.82

11.28

13.86

16.12

17.11

Marine Electricals (India) Quarterly Data
	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															14.94	15.05	21.90	15.16	20.92

Competitive Comparison of Marine Electricals (India)'s Gross-Profit-to-Asset %

For the Marine Shipping subindustry, Marine Electricals (India)'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.

Marine Electricals (India)'s Gross-Profit-to-Asset % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Marine Electricals (India)'s Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Marine Electricals (India)'s Gross-Profit-to-Asset % falls into.

Marine Electricals (India) Gross-Profit-to-Asset % Calculation

Marine Electricals (India)'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 )
	=	924.997	/	( (4657.415	+	6157.145)	/ 2 )
	=	924.997	/	5407.28
	=	17.11 %

Marine Electricals (India)'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 )
	=	1507.932	/	( (0	+	7208.661)	/ 1 )
	=	1507.932	/	7208.661
	=	20.92 %

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.

Marine Electricals (India) Gross-Profit-to-Asset % Related Terms

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Marine Electricals (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Marine Electricals (India) Ltd (NSE:MARINE) » Definitions » Gross-Profit-to-Asset %

Traded in Other Exchanges

N/A

Address

Marol Industrial Area, B/1, Udyog Sadan No. 3, MIDC, Andheri (East), Mumbai, MH, IND, 400093

Website

https://www.marineelectricals.com

Marine Electricals (India) Ltd is engaged in providing integrated electrical and automation solutions. It is engaged in the manufacturing and sale of all types of marine and industrial electrical and electronic components like switch-gears, marine motors, control-gears, monitoring and control systems, etc., and is also engaged in the renewable energy sector specifically solar. The company also provides services like designing, fabricating, etc. for all types of electrical and electronic installations and undertakes annual maintenance contracts. Its segments are; Marine and Industry. The Marine segment which generates maximum revenue provides products and services of navigational equipment, and others in new shipbuilding. Geographically, it derives key revenue from India.

Marine Electricals (India) Headlines

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