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Prakash Steelage (NSE:PRAKASHSTL) Gross-Profit-to-Asset % : 23.88% (As of Jun. 2024)


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What is Prakash Steelage 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. Prakash Steelage's annualized Gross Profit for the quarter that ended in Jun. 2024 was ₹96.4 Mil. Prakash Steelage's average Total Assets over the quarter that ended in Jun. 2024 was ₹403.6 Mil. Therefore, Prakash Steelage's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 was 23.88%.


Prakash Steelage Gross-Profit-to-Asset % Historical Data

The historical data trend for Prakash Steelage'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.

Prakash Steelage Gross-Profit-to-Asset % Chart

Prakash Steelage 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 22.54 6.40 44.98 29.72 31.50

Prakash Steelage Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 36.41 57.45 53.34 4.23 23.88

Competitive Comparison of Prakash Steelage's Gross-Profit-to-Asset %

For the Steel subindustry, Prakash Steelage'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.


Prakash Steelage's Gross-Profit-to-Asset % Distribution in the Steel Industry

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

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



Prakash Steelage Gross-Profit-to-Asset % Calculation

Prakash Steelage'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 )
=122.502/( (374.145+403.61)/ 2 )
=122.502/388.8775
=31.50 %

Prakash Steelage's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=96.4/( (403.61+0)/ 1 )
=96.4/403.61
=23.88 %

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


Prakash Steelage Gross-Profit-to-Asset % Related Terms

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Prakash Steelage Business Description

Traded in Other Exchanges
Address
28, Sindhi Lane, Nanubhai Desai Road, 101, 1st Floor, Shatrunjay Apartment, Mumbai, MH, IND, 400 004
Prakash Steelage Ltd is a company, which is predominantly related to the manufacturing and trading of stainless steel tubes and pipes. Its products are available in various conditions, such as welded, Annealed/Unanneled, Bright Annealed, Annealed and Pickled, U-Bent, Bead Rolled, and Straight Lengths. Geographically all the business activity of the group is operated through the region of India.

Prakash Steelage Headlines

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