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Al-Ghazi Tractors (KAR:AGTL) Gross-Profit-to-Asset % : 54.81% (As of Mar. 2024)


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What is Al-Ghazi Tractors 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. Al-Ghazi Tractors's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₨8,441 Mil. Al-Ghazi Tractors's average Total Assets over the quarter that ended in Mar. 2024 was ₨15,400 Mil. Therefore, Al-Ghazi Tractors's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 54.81%.


Al-Ghazi Tractors Gross-Profit-to-Asset % Historical Data

The historical data trend for Al-Ghazi Tractors'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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Al-Ghazi Tractors Gross-Profit-to-Asset % Chart

Al-Ghazi Tractors Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.51 51.90 64.35 46.50 48.46

Al-Ghazi Tractors 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 16.23 43.78 55.72 51.31 54.81

Competitive Comparison of Al-Ghazi Tractors's Gross-Profit-to-Asset %

For the Farm & Heavy Construction Machinery subindustry, Al-Ghazi Tractors'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.


Al-Ghazi Tractors's Gross-Profit-to-Asset % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Al-Ghazi Tractors's Gross-Profit-to-Asset % distribution charts can be found below:

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



Al-Ghazi Tractors Gross-Profit-to-Asset % Calculation

Al-Ghazi Tractors's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=6423.068/( (12280.729+14229.633)/ 2 )
=6423.068/13255.181
=48.46 %

Al-Ghazi Tractors'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 )
=8440.864/( (14229.633+16571.026)/ 2 )
=8440.864/15400.3295
=54.81 %

* 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.


Al-Ghazi Tractors Gross-Profit-to-Asset % Related Terms

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Al-Ghazi Tractors (KAR:AGTL) Business Description

Traded in Other Exchanges
N/A
Address
16th East Street, Off. Korangi Road, Tractor House, No.102-B, DHA Phase I, Karachi, PAK
Al-Ghazi Tractors Ltd is an agricultural equipment manufacturer in Pakistan. Its major operating segment includes the manufacture and sale of agricultural tractors, implements and spare parts which generates most of the company's revenue. The company's other activities include implements and generators. Its implements segment comprises cultivators, disk harrows, potato diggers, sprayers, ploughs and all other equipment which aid agriculture and the generator segment offers energy-efficient diesel generators. Geographically, it derives a majority of revenue from Pakistan.

Al-Ghazi Tractors (KAR:AGTL) Headlines

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