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JSW Steel (NSE:JSWSTEEL) Gross-Profit-to-Asset % : 30.74% (As of Mar. 2024)


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What is JSW Steel 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. JSW Steel's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹701,560 Mil. JSW Steel's average Total Assets over the quarter that ended in Mar. 2024 was ₹2,281,980 Mil. Therefore, JSW Steel's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 30.74%.


JSW Steel Gross-Profit-to-Asset % Historical Data

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

JSW Steel 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 22.66 25.29 37.88 30.84 32.28

JSW Steel 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 36.15 33.12 32.70 33.79 30.74

Competitive Comparison of JSW Steel's Gross-Profit-to-Asset %

For the Steel subindustry, JSW Steel'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.


JSW Steel's Gross-Profit-to-Asset % Distribution in the Steel Industry

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

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



JSW Steel Gross-Profit-to-Asset % Calculation

JSW Steel'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 )
=709100/( (2110780+2281980)/ 2 )
=709100/2196380
=32.28 %

JSW Steel'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 )
=701560/( (0+2281980)/ 1 )
=701560/2281980
=30.74 %

* 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.


JSW Steel Gross-Profit-to-Asset % Related Terms

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JSW Steel (NSE:JSWSTEEL) Business Description

Traded in Other Exchanges
Address
JSW Centre, Bandra Kurla Complex, Near MMRDA Grounds, Bandra (East), Mumbai, MH, IND, 400 051
JSW Steel Ltd is an India-based company that is engaged in the business of manufacturing and selling steel products. Its steel products include semis, hot-rolled steel, cold-rolled steel, galvanized steel, color-coated steel, and long products. Its flat steel products (including hot-rolled, cold-rolled, and galvanized products), which account for the majority of the company's steel volume, are used in Indian automotive, construction, infrastructure, engineering, and consumer durable industries. Its long products, which account for the second-largest share of the company's steel volume, are used in the Indian construction, infrastructure, and automotive industries. The company generates the majority of its revenue from the Indian domestic market.

JSW Steel (NSE:JSWSTEEL) Headlines

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