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Navneet Education (NSE:NAVNETEDUL) Gross-Profit-to-Asset % : 47.24% (As of Mar. 2024)


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What is Navneet Education 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. Navneet Education's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹8,254 Mil. Navneet Education's average Total Assets over the quarter that ended in Mar. 2024 was ₹17,472 Mil. Therefore, Navneet Education's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 47.24%.


Navneet Education Gross-Profit-to-Asset % Historical Data

The historical data trend for Navneet Education'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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Navneet Education Gross-Profit-to-Asset % Chart

Navneet Education 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 48.49 28.01 36.31 50.79 45.27

Navneet Education Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 32.41 42.33 82.31 - 47.24

Competitive Comparison of Navneet Education's Gross-Profit-to-Asset %

For the Publishing subindustry, Navneet Education'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.


Navneet Education's Gross-Profit-to-Asset % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Navneet Education's Gross-Profit-to-Asset % distribution charts can be found below:

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



Navneet Education Gross-Profit-to-Asset % Calculation

Navneet Education'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 )
=7704.8/( (16565.4+17472.2)/ 2 )
=7704.8/17018.8
=45.27 %

Navneet Education'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 )
=8254/( (0+17472.2)/ 1 )
=8254/17472.2
=47.24 %

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


Navneet Education Gross-Profit-to-Asset % Related Terms

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Navneet Education (NSE:NAVNETEDUL) Business Description

Traded in Other Exchanges
Address
Bhavani Shankar Road, Navneet Bhavan, Near Shardashram Society, Dadar (West), Mumbai, MH, IND, 400028
Navneet Education Ltd is engaged in the publication of knowledge-based information in educational and general books form as well as in electronic media and manufacturing of paper and other stationery items. The company provides educational syllabus-based content in print & digital mediums, manufactures scholastic paper stationery, publishes general and children's books and also Scholastic Non-Paper Stationary products including various titles in the Children and General books category, which are not based on the syllabus. It markets its products under the brand name Navneet, Vikas, Gala, Grafalco, FfUuNn and Boss. The company manages its business in segments namely Publication, Stationery and Others. It has a business presence in India and other countries.

Navneet Education (NSE:NAVNETEDUL) Headlines

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