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Ashok Leyland (BOM:500477) Gross-Profit-to-Asset % : 28.17% (As of Dec. 2023)


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What is Ashok Leyland 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. Ashok Leyland's annualized Gross Profit for the quarter that ended in Dec. 2023 was ₹163,670 Mil. Ashok Leyland's average Total Assets over the quarter that ended in Dec. 2023 was ₹581,102 Mil. Therefore, Ashok Leyland's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 28.17%.


Ashok Leyland Gross-Profit-to-Asset % Historical Data

The historical data trend for Ashok Leyland'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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Ashok Leyland Gross-Profit-to-Asset % Chart

Ashok Leyland 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 30.34 21.60 18.14 19.67 25.53

Ashok Leyland 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 28.50 29.15 24.86 27.12 28.17

Competitive Comparison of Ashok Leyland's Gross-Profit-to-Asset %

For the Farm & Heavy Construction Machinery subindustry, Ashok Leyland'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.


Ashok Leyland's Gross-Profit-to-Asset % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Ashok Leyland's Gross-Profit-to-Asset % distribution charts can be found below:

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



Ashok Leyland Gross-Profit-to-Asset % Calculation

Ashok Leyland'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 )
=125527.5/( (436007.8+547285.3)/ 2 )
=125527.5/491646.55
=25.53 %

Ashok Leyland'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 )
=163670.4/( (581101.8+0)/ 1 )
=163670.4/581101.8
=28.17 %

* 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.


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Ashok Leyland (BOM:500477) Business Description

Traded in Other Exchanges
Address
No. 1, Sardar Patel Road, Guindy, Chennai, TN, IND, 600 032
Ashok Leyland Ltd is an automobile manufacturing company. The company manufactures commercial vehicles, engines, spare parts, and accessories, with the vast majority of revenue derived from commercial vehicle sales. Ashok Leyland organizes its business into two segments: Commercial vehicles and Financial Services. The company derives more than half of its consolidated revenue domestically.

Ashok Leyland (BOM:500477) Headlines

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