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LIC Housing Finance (LUX:LICHS) Gross-Profit-to-Asset % : 3.09% (As of Mar. 2024)


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What is LIC Housing 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. LIC Housing Finance's annualized Gross Profit for the quarter that ended in Mar. 2024 was $1,085 Mil. LIC Housing Finance's average Total Assets over the quarter that ended in Mar. 2024 was $35,091 Mil. Therefore, LIC Housing Finance's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 3.09%.


LIC Housing Finance Gross-Profit-to-Asset % Historical Data

The historical data trend for LIC Housing 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.

LIC Housing Finance Gross-Profit-to-Asset % Chart

LIC Housing 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 2.25 2.36 2.26 2.32 3.06

LIC Housing Finance 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 2.87 3.22 3.03 3.02 3.09

Competitive Comparison of LIC Housing Finance's Gross-Profit-to-Asset %

For the Mortgage Finance subindustry, LIC Housing 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.


LIC Housing Finance's Gross-Profit-to-Asset % Distribution in the Banks Industry

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

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



LIC Housing Finance Gross-Profit-to-Asset % Calculation

LIC Housing 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 )
=1054.722/( (33860.559+35091.393)/ 2 )
=1054.722/34475.976
=3.06 %

LIC Housing 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 )
=1085.276/( (0+35091.393)/ 1 )
=1085.276/35091.393
=3.09 %

* 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.


LIC Housing Finance Gross-Profit-to-Asset % Related Terms

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LIC Housing Finance (LUX:LICHS) Business Description

Traded in Other Exchanges
Address
131 Maker Tower, F Premises, 13th Floor, Cuffe Parade, Mumbai, MH, IND, 400 005
LIC Housing Finance Ltd is a housing finance company that provides loans, primarily in India. Its main objective is to provide long-term finance to individuals for residential purchases or construction. LIC Housing provides a wide range of loan products to individuals and also provides commercial financing for corporations and building developers. These activities include senior housing, marketing of financial services, and investment management.

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