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Reliance Home Finance (BOM:540709) Gross-Profit-to-Asset % : -31.82% (As of Mar. 2024)


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What is Reliance Home Finance 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. Reliance Home Finance's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹-94.91 Mil. Reliance Home Finance's average Total Assets over the quarter that ended in Mar. 2024 was ₹298.25 Mil. Therefore, Reliance Home Finance's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was -31.82%.


Reliance Home Finance Gross-Profit-to-Asset % Historical Data

The historical data trend for Reliance Home Finance'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.

Reliance Home Finance Gross-Profit-to-Asset % Chart

Reliance Home Finance 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 0.76 -3.04 -7.99 6.62 -10.80

Reliance Home Finance 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 -5.09 9,561.26 -5.35 -4.13 -31.82

Competitive Comparison of Reliance Home Finance's Gross-Profit-to-Asset %

For the Mortgage Finance subindustry, Reliance Home Finance'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.


Reliance Home Finance's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Reliance Home Finance's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Reliance Home Finance's Gross-Profit-to-Asset % falls into.



Reliance Home Finance Gross-Profit-to-Asset % Calculation

Reliance Home Finance'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 )
=-34.929/( (348.5+298.246)/ 2 )
=-34.929/323.373
=-10.80 %

Reliance Home Finance'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 )
=-94.908/( (0+298.246)/ 1 )
=-94.908/298.246
=-31.82 %

* 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.


Reliance Home Finance Gross-Profit-to-Asset % Related Terms

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Reliance Home Finance (BOM:540709) Business Description

Traded in Other Exchanges
Address
The Ruby, Senapati Bapat Marg, North-West Wing, Plot No. 29, 11th Floor, Dadar West, Mumbai, MH, IND, 400 028
Reliance Home Finance Ltd is an India-based company engaged in the housing finance business. It provides a range of housing finance solutions such as home loans, affordable housing loans, loan against property, and construction finance. In addition, it also provides property solutions service. The company derives key revenue from the interest received from housing and other loans. The business operations of the company are carried out in India.

Reliance Home Finance (BOM:540709) Headlines

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