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Ratnamani Metals & Tubes (BOM:520111) Gross-Profit-to-Asset % : 46.84% (As of Mar. 2024)


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What is Ratnamani Metals & Tubes 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. Ratnamani Metals & Tubes's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹18,830 Mil. Ratnamani Metals & Tubes's average Total Assets over the quarter that ended in Mar. 2024 was ₹40,198 Mil. Therefore, Ratnamani Metals & Tubes's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 46.84%.


Ratnamani Metals & Tubes Gross-Profit-to-Asset % Historical Data

The historical data trend for Ratnamani Metals & Tubes'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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Ratnamani Metals & Tubes Gross-Profit-to-Asset % Chart

Ratnamani Metals & Tubes 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 35.44 29.14 33.52 45.34 44.34

Ratnamani Metals & Tubes 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 56.76 42.42 47.05 45.25 46.84

Competitive Comparison of Ratnamani Metals & Tubes's Gross-Profit-to-Asset %

For the Steel subindustry, Ratnamani Metals & Tubes'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.


Ratnamani Metals & Tubes's Gross-Profit-to-Asset % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ratnamani Metals & Tubes's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Ratnamani Metals & Tubes's Gross-Profit-to-Asset % falls into.



Ratnamani Metals & Tubes Gross-Profit-to-Asset % Calculation

Ratnamani Metals & Tubes'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 )
=17294.635/( (37802.829+40198.327)/ 2 )
=17294.635/39000.578
=44.34 %

Ratnamani Metals & Tubes'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 )
=18830.16/( (0+40198.327)/ 1 )
=18830.16/40198.327
=46.84 %

* 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.


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Ratnamani Metals & Tubes (BOM:520111) Business Description

Traded in Other Exchanges
Address
The First Avenue Road, Off 132 Ft Ring Road, The First, A & B Wing, 9th Floor, Behind Keshav Baug Party Plot, Vastrapur, Ahmedabad, GJ, IND, 380015
Ratnamani Metals & Tubes Ltd is a manufacturer of stainless steel pipes, tubes, and carbon steel pipes. The company's product mix consists of stainless steel tubes and pipes, carbon steel pipes, and external and internal coating solutions. It operates in the Steel Tubes and Pipes segment. The company's end market by revenue is India. The firm's manufacturing facilities are located in Kutch, Indrad, and Chhatral in the state of Gujarat.

Ratnamani Metals & Tubes (BOM:520111) Headlines

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