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Nittoku Co (TSE:6145) Gross-Profit-to-Asset % : 14.10% (As of Dec. 2023)


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What is Nittoku 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. Nittoku Co's annualized Gross Profit for the quarter that ended in Dec. 2023 was 円7,368 Mil. Nittoku Co's average Total Assets over the quarter that ended in Dec. 2023 was 円52,255 Mil. Therefore, Nittoku Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 14.10%.


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

The historical data trend for Nittoku 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.

Nittoku Co Gross-Profit-to-Asset % Chart

Nittoku 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 21.41 18.33 13.28 15.82 16.76

Nittoku 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 16.34 20.58 10.51 24.29 14.10

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

For the Specialty Industrial Machinery subindustry, Nittoku 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.


Nittoku Co's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nittoku Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Nittoku Co Gross-Profit-to-Asset % Calculation

Nittoku 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 )
=7964/( (47340+47675)/ 2 )
=7964/47507.5
=16.76 %

Nittoku 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 )
=7368/( (52139+52371)/ 2 )
=7368/52255
=14.10 %

* 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.


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

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Nittoku Co (TSE:6145) Business Description

Traded in Other Exchanges
N/A
Address
5-11-20, Shirahata, Minami-ku, Saitama Prefecture, Saitama, JPN, 3368561
Nittoku Co Ltd is a Japan-based company engaged in the manufacturing and sale of coil winding machines and peripheral systems. It also engaged in the factory automation systems and contactless smart cards and parts thereof. The product portfolio of the company includes Relay, Injector coil, Pick up coil, Bobbinless coil, and IC Card among others.

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