GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nikhil Adhesives Ltd (BOM:526159) » Definitions » Gross-Profit-to-Asset %

Nikhil Adhesives (BOM:526159) Gross-Profit-to-Asset % : 38.95% (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Nikhil Adhesives 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. Nikhil Adhesives's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹1,151 Mil. Nikhil Adhesives's average Total Assets over the quarter that ended in Mar. 2024 was ₹2,955 Mil. Therefore, Nikhil Adhesives's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 38.95%.


Nikhil Adhesives Gross-Profit-to-Asset % Historical Data

The historical data trend for Nikhil Adhesives'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.

Nikhil Adhesives Gross-Profit-to-Asset % Chart

Nikhil Adhesives 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 33.09 28.89 29.64 36.54 34.59

Nikhil Adhesives 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 37.15 32.58 32.14 34.91 38.95

Competitive Comparison of Nikhil Adhesives's Gross-Profit-to-Asset %

For the Specialty Chemicals subindustry, Nikhil Adhesives'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.


Nikhil Adhesives's Gross-Profit-to-Asset % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nikhil Adhesives's Gross-Profit-to-Asset % distribution charts can be found below:

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



Nikhil Adhesives Gross-Profit-to-Asset % Calculation

Nikhil Adhesives'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 )
=1021.718/( (2952.603+2954.9)/ 2 )
=1021.718/2953.7515
=34.59 %

Nikhil Adhesives'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 )
=1150.832/( (0+2954.9)/ 1 )
=1150.832/2954.9
=38.95 %

* 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.


Nikhil Adhesives Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Nikhil Adhesives's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nikhil Adhesives (BOM:526159) Business Description

Traded in Other Exchanges
N/A
Address
Sahar Road, Kaledonia HDIL Building, 902, 9th Floor, A-Wing, Opposite D-Mart, Andheri (East), Mumbai, MH, IND, 400069
Nikhil Adhesives Ltd is an India-based company engaged in the manufacturing and trading of polymer emulsions. Its products include paint emulsions, textile emulsions, construction chemicals, and adhesives. Some of its brands are Mahacol, Formisol, Mahabond, Emdilith, Emditex, and Emdibind. It operates in two business segments: Manufacturing of Adhesives and emulsions, which is the key revenue generator; and Trading in chemicals.

Nikhil Adhesives (BOM:526159) Headlines

No Headlines