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Okamoto Glass Co (TSE:7746) Gross-Profit-to-Asset % : 17.56% (As of Dec. 2023)


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What is Okamoto Glass 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. Okamoto Glass Co's annualized Gross Profit for the quarter that ended in Dec. 2023 was 円1,371 Mil. Okamoto Glass Co's average Total Assets over the quarter that ended in Dec. 2023 was 円7,807 Mil. Therefore, Okamoto Glass Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 17.56%.


Okamoto Glass Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Okamoto Glass 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.

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Okamoto Glass Co Gross-Profit-to-Asset % Chart

Okamoto Glass 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 24.50 20.06 10.11 19.71 19.46

Okamoto Glass 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 21.07 16.25 15.40 17.35 17.56

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

For the Electronic Components subindustry, Okamoto Glass 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.


Okamoto Glass Co's Gross-Profit-to-Asset % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Okamoto Glass Co's Gross-Profit-to-Asset % distribution charts can be found below:

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



Okamoto Glass Co Gross-Profit-to-Asset % Calculation

Okamoto Glass 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 )
=1484.292/( (7666.803+7590.763)/ 2 )
=1484.292/7628.783
=19.46 %

Okamoto Glass 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 )
=1370.676/( (7655.099+7958.268)/ 2 )
=1370.676/7806.6835
=17.56 %

* 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.


Okamoto Glass Co Gross-Profit-to-Asset % Related Terms

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Okamoto Glass Co (TSE:7746) Business Description

Traded in Other Exchanges
N/A
Address
380, Toyofuta, Kashiwa-shi, Chiba, JPN, 277 0872
Okamoto Glass Co Ltd is engaged in the manufacture and sale of new glass for optical devices and multilayer film deposition products. The products of the company include glass material, glass molded items, optical and functional coating, glass bulb, and glass frit.

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