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Ecomic Co (TSE:3802) Gross-Profit-to-Asset % : 100.20% (As of Dec. 2023)


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What is Ecomic Co 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. Ecomic Co's annualized Gross Profit for the quarter that ended in Dec. 2023 was 円1,812 Mil. Ecomic Co's average Total Assets over the quarter that ended in Dec. 2023 was 円1,809 Mil. Therefore, Ecomic Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 100.20%.


Ecomic Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Ecomic Co'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.

Ecomic Co Gross-Profit-to-Asset % Chart

Ecomic Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.18 50.68 45.93 44.06 46.62

Ecomic Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 99.38 39.28 17.81 5.03 100.20

Competitive Comparison of Ecomic Co's Gross-Profit-to-Asset %

For the Specialty Business Services subindustry, Ecomic Co'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.


Ecomic Co's Gross-Profit-to-Asset % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ecomic Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Ecomic Co Gross-Profit-to-Asset % Calculation

Ecomic Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=714.25/( (1346.622+1717.589)/ 2 )
=714.25/1532.1055
=46.62 %

Ecomic Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=1812.388/( (1483.912+2133.621)/ 2 )
=1812.388/1808.7665
=100.20 %

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


Ecomic Co Gross-Profit-to-Asset % Related Terms

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Ecomic Co (TSE:3802) Business Description

Traded in Other Exchanges
N/A
Address
Otanishi 8-chome 1-1 Asahi Life Sapporo Odori Building, Chuo-ku, Sapporo, JPN, 060-0042
Ecomic Co Ltd is a Japanese firm. It provides payroll outsourcing services. The Company develops and sells payroll calculation systems and provides salary consulting services throughout Japan. It also develops and maintains computer software and sells and operates personnel management systems.

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