Redtape (BOM:543957) Gross-Profit-to-Asset % : 58.86% (As of Mar. 2024)

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What is Redtape 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. Redtape's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹9,348 Mil. Redtape's average Total Assets over the quarter that ended in Mar. 2024 was ₹15,884 Mil. Therefore, Redtape's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 58.86%.

Redtape Gross-Profit-to-Asset % Historical Data

The historical data trend for Redtape'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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Redtape Gross-Profit-to-Asset % Chart

Redtape Annual Data

Trend

Mar22

Mar23

Mar24

Gross-Profit-to-Asset %

10,823,492.06

56.31

Redtape Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial				-	-	44.67	80.38	58.86

Competitive Comparison of Redtape's Gross-Profit-to-Asset %

For the Footwear & Accessories subindustry, Redtape'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.

Redtape's Gross-Profit-to-Asset % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Redtape's Gross-Profit-to-Asset % distribution charts can be found below:

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

Redtape Gross-Profit-to-Asset % Calculation

Redtape'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 )
	=	8943.9	/	( (0	+	15883.7)	/ 1 )
	=	8943.9	/	15883.7
	=	56.31 %

Redtape'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 )
	=	9348.4	/	( (0	+	15883.7)	/ 1 )
	=	9348.4	/	15883.7
	=	58.86 %

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.

Redtape Gross-Profit-to-Asset % Related Terms

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Redtape (BOM:543957) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Redtape Ltd (BOM:543957) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

REDTAPE:India

Address

Plot No. 8, Sector 90, Gautam Buddha Nagar, Noida, UP, IND, 201301

Website

https://www.redtape.com

Redtape Ltd Is the finest brand of Footwear and Clothing for Men, Women and Kids. Its clothing and accessories categories with product offerings comprising casual and semi-formal apparel including shirts, t-shirts, trousers, denim, sweaters, jackets and accessories such as belts, socks, handkerchiefs and wallets. The brand also caters to fashion-conscious women and kids with a wide array of products.

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