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Rakuten Bank (TSE:5838) Gross-Profit-to-Asset % : 0.76% (As of Dec. 2023)


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What is Rakuten Bank 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. Rakuten Bank's annualized Gross Profit for the quarter that ended in Dec. 2023 was 円95,708 Mil. Rakuten Bank's average Total Assets over the quarter that ended in Dec. 2023 was 円12,671,988 Mil. Therefore, Rakuten Bank's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 0.76%.


Rakuten Bank Gross-Profit-to-Asset % Historical Data

The historical data trend for Rakuten Bank'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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Rakuten Bank Gross-Profit-to-Asset % Chart

Rakuten Bank Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
0.99 0.83 0.76 0.75

Rakuten Bank Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial 0.74 0.75 0.74 0.76 0.75

Competitive Comparison of Rakuten Bank's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Rakuten Bank'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.


Rakuten Bank's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Rakuten Bank's Gross-Profit-to-Asset % distribution charts can be found below:

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



Rakuten Bank Gross-Profit-to-Asset % Calculation

Rakuten Bank'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 )
=93416/( (11589508+13480473)/ 2 )
=93416/12534990.5
=0.75 %

Rakuten Bank'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 )
=95708/( (12170897+13173078)/ 2 )
=95708/12671987.5
=0.76 %

* 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.


Rakuten Bank Gross-Profit-to-Asset % Related Terms

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Rakuten Bank (TSE:5838) Business Description

Traded in Other Exchanges
N/A
Address
2-16-5 Konan Minato-ku, NBF Shinagawa Tower, Tokyo, JPN, 108-0075
Rakuten Bank Ltd is engaged in the banking business through electronic medium.

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