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Tata Consultancy Services (Tata Consultancy Services) Gross-Profit-to-Asset % : 96.96% (As of Mar. 2024)


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What is Tata Consultancy Services 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. Tata Consultancy Services's annualized Gross Profit for the quarter that ended in Mar. 2024 was $17,104.02 Mil. Tata Consultancy Services's average Total Assets over the quarter that ended in Mar. 2024 was $17,639.91 Mil. Therefore, Tata Consultancy Services's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 96.96%.


Tata Consultancy Services Gross-Profit-to-Asset % Historical Data

The historical data trend for Tata Consultancy Services'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.

Tata Consultancy Services Gross-Profit-to-Asset % Chart

Tata Consultancy Services 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 61.36 62.13 65.74 71.31 74.14

Tata Consultancy Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 91.43 63.79 62.11 63.59 96.96

Competitive Comparison of Tata Consultancy Services's Gross-Profit-to-Asset %

For the Information Technology Services subindustry, Tata Consultancy Services'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.


Tata Consultancy Services's Gross-Profit-to-Asset % Distribution in the Software Industry

For the Software industry and Technology sector, Tata Consultancy Services's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Tata Consultancy Services's Gross-Profit-to-Asset % falls into.



Tata Consultancy Services Gross-Profit-to-Asset % Calculation

Tata Consultancy Services'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 )
=13011.344/( (17461.664+17639.91)/ 2 )
=13011.344/17550.787
=74.14 %

Tata Consultancy Services's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=17104.024/( (0+17639.91)/ 1 )
=17104.024/17639.91
=96.96 %

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


Tata Consultancy Services Gross-Profit-to-Asset % Related Terms

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Tata Consultancy Services (Tata Consultancy Services) Business Description

Traded in Other Exchanges
Address
Raveline Street, TCS House, Fort, Mumbai, MH, IND, 400001
Tata Consultancy Services is a leading global IT services provider, with nearly 450,000 employees. Based in Mumbai, the India IT services firm leverages its offshore outsourcing model to derive half of its revenue from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service, or BPaaS.