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Max Financial Services (BOM:500271) Gross-Profit-to-Asset % : 36.83% (As of Mar. 2024)


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What is Max Financial 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. Max Financial Services's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹599,510 Mil. Max Financial Services's average Total Assets over the quarter that ended in Mar. 2024 was ₹1,627,735 Mil. Therefore, Max Financial Services's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 36.83%.


Max Financial Services Gross-Profit-to-Asset % Historical Data

The historical data trend for Max Financial 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.

Max Financial Services Gross-Profit-to-Asset % Chart

Max Financial 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 25.59 36.20 28.90 25.17 31.62

Max Financial 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 30.13 27.82 28.48 34.60 36.83

Competitive Comparison of Max Financial Services's Gross-Profit-to-Asset %

For the Insurance - Life subindustry, Max Financial 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.


Max Financial Services's Gross-Profit-to-Asset % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Max Financial Services's Gross-Profit-to-Asset % distribution charts can be found below:

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



Max Financial Services Gross-Profit-to-Asset % Calculation

Max Financial 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 )
=465811.4/( (1318237.8+1627734.8)/ 2 )
=465811.4/1472986.3
=31.62 %

Max Financial 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 )
=599510.4/( (0+1627734.8)/ 1 )
=599510.4/1627734.8
=36.83 %

* 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.


Max Financial Services Gross-Profit-to-Asset % Related Terms

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Max Financial Services (BOM:500271) Business Description

Traded in Other Exchanges
Address
L20M, Plot No. C-001/A/1, Sector 16B, Max Towers, Noida, UP, IND, 201301
Max Financial Services Ltd is a non-bank private life insurance company. Max Group entities are Max Life Insurance Company, Max India, and Max Venture & Industries. Max Life Insurance Company is co-owned by Max Financial Services and Mitsui Sumitomo Insurance, a Japanese life insurance company. Max India offers healthcare and health insurance. The Max-Ventures and Industries division is an entrepreneurial division that helps the government with economic and commercial efforts. The company's operating segment involves Business Investment and Life Insurance. It earns the majority of revenue from Life Insurance segment.

Max Financial Services (BOM:500271) Headlines

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