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Bharat Electronics (NSE:BEL) Gross-Profit-to-Asset % : 43.71% (As of Mar. 2024)


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What is Bharat Electronics 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. Bharat Electronics's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹172,764 Mil. Bharat Electronics's average Total Assets over the quarter that ended in Mar. 2024 was ₹395,267 Mil. Therefore, Bharat Electronics's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 43.71%.

Bharat Electronics Gross-Profit-to-Asset % Historical Data

The historical data trend for Bharat Electronics'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.

Bharat Electronics Gross-Profit-to-Asset % Chart

Bharat Electronics 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 24.50 21.73 19.48 22.79 25.84

Bharat Electronics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 19.66 37.45 21.04 22.18 43.71

Competitive Comparison of Bharat Electronics's Gross-Profit-to-Asset %

For the Aerospace & Defense subindustry, Bharat Electronics'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.

Bharat Electronics's Gross-Profit-to-Asset % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Bharat Electronics's Gross-Profit-to-Asset % distribution charts can be found below:

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


Bharat Electronics Gross-Profit-to-Asset % Calculation

Bharat Electronics'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 )
=96919.2/( (354911.7+395266.8)/ 2 )
=96919.2/375089.25
=25.84 %

Bharat Electronics'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 )
=172763.6/( (0+395266.8)/ 1 )
=172763.6/395266.8
=43.71 %

* 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.

Bharat Electronics Gross-Profit-to-Asset % Related Terms

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Bharat Electronics (NSE:BEL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Bharat Electronics Ltd (NSE:BEL) » Definitions » Gross-Profit-to-Asset %
Comparable Companies
BOM:541154 BOM:543237 BOM:541143 BOM:540678 BOM:543428 BOM:542011 BOM:533339 BOM:543650 BOM:543367 BOM:540879 RTX LMT BA XPAR:AIR NOC GD XPAR:SAF TDG LSE:BA. LHX
Traded in Other Exchanges
500049:India
Address
Outer Ring Road, Nagavara, Bengaluru, KA, IND, 560 045
Website
https://bel-india.in
Bharat Electronics Ltd is an aerospace and defense company owned by the Indian government. It manufactures a wide range of specialized electronics for defense and civilian use. Its investments are made in research and development to meet the ever-changing needs of customers and to test products in its pipeline. With approximately three fourths of its revenue derived from the defense sector, relationships with government officials and military camps are critical. The company created a marketing division to take advantage of export opportunities. It ships products to countries with favorable relationships to India and looks to identify long-term supply chain relationships with global players.

Bharat Electronics (NSE:BEL) Headlines

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