Pattech Fitwell Tube Components (NSE:PATTECH) Gross-Profit-to-Asset % : 14.75% (As of Sep. 2023)

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What is Pattech Fitwell Tube Components 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. Pattech Fitwell Tube Components's annualized Gross Profit for the quarter that ended in Sep. 2023 was ₹41.3 Mil. Pattech Fitwell Tube Components's average Total Assets over the quarter that ended in Sep. 2023 was ₹280.1 Mil. Therefore, Pattech Fitwell Tube Components's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 14.75%.

Pattech Fitwell Tube Components Gross-Profit-to-Asset % Historical Data

The historical data trend for Pattech Fitwell Tube Components'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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Pattech Fitwell Tube Components Gross-Profit-to-Asset % Chart

Pattech Fitwell Tube Components Annual Data

Trend

Mar20

Mar21

Mar22

Gross-Profit-to-Asset %

10.97

12.21

15.81

Pattech Fitwell Tube Components Semi-Annual Data
	Mar20	Mar21	Mar22	Sep23
Gross-Profit-to-Asset %	-	-	-	14.75

Competitive Comparison of Pattech Fitwell Tube Components's Gross-Profit-to-Asset %

For the Steel subindustry, Pattech Fitwell Tube Components'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.

Pattech Fitwell Tube Components's Gross-Profit-to-Asset % Distribution in the Steel Industry

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

* The bar in red indicates where Pattech Fitwell Tube Components's Gross-Profit-to-Asset % falls into.

Pattech Fitwell Tube Components Gross-Profit-to-Asset % Calculation

Pattech Fitwell Tube Components's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2022 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Mar. 2022 )	/	( (Total Assets (A: Mar. 2021 )	+	Total Assets (A: Mar. 2022 ))	/ count )
	=	30.964	/	( (138.666	+	253.038)	/ 2 )
	=	30.964	/	195.852
	=	15.81 %

Pattech Fitwell Tube Components's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2022 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	41.306	/	( (253.038	+	307.139)	/ 2 )
	=	41.306	/	280.0885
	=	14.75 %

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 (Sep. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Pattech Fitwell Tube Components Gross-Profit-to-Asset % Related Terms

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Pattech Fitwell Tube Components (NSE:PATTECH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Pattech Fitwell Tube Components Ltd (NSE:PATTECH) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Survey No.873/B/1 Road No:1 Anson Limbani Estate, Near GETCO 66 KV Substation GIDC POR NH-8, Vadodara, GJ, IND, 391243

Website

https://www.pftcpipefittings.com

Pattech Fitwell Tube Components Ltd is engaged in manufacturing pipe fittings, flanges, and various types of forgings and machined components as well as pipe spools and fabrication works for various industries like fertilizers, petrochemical, power, chemical & pharmaceutical, food processing, oil & gas, desalination & water treatment, shipbuilding, defense, fabrication of process equipment, instrumentation.

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