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Persistent Systems (NSE:PERSISTENT) Gross-Profit-to-Asset % : 37.81% (As of Mar. 2024)


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What is Persistent Systems 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. Persistent Systems's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹27,879 Mil. Persistent Systems's average Total Assets over the quarter that ended in Mar. 2024 was ₹73,736 Mil. Therefore, Persistent Systems's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 37.81%.


Persistent Systems Gross-Profit-to-Asset % Historical Data

The historical data trend for Persistent Systems'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.

Persistent Systems Gross-Profit-to-Asset % Chart

Persistent Systems 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 34.21 33.49 34.81 38.85 38.75

Persistent Systems 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 40.13 41.18 37.28 40.25 37.81

Competitive Comparison of Persistent Systems's Gross-Profit-to-Asset %

For the Information Technology Services subindustry, Persistent Systems'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.


Persistent Systems's Gross-Profit-to-Asset % Distribution in the Software Industry

For the Software industry and Technology sector, Persistent Systems's Gross-Profit-to-Asset % distribution charts can be found below:

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



Persistent Systems Gross-Profit-to-Asset % Calculation

Persistent Systems'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 )
=27113.47/( (66191.45+73736.18)/ 2 )
=27113.47/69963.815
=38.75 %

Persistent Systems'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 )
=27878.76/( (0+73736.18)/ 1 )
=27878.76/73736.18
=37.81 %

* 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.


Persistent Systems Gross-Profit-to-Asset % Related Terms

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Persistent Systems (NSE:PERSISTENT) Business Description

Traded in Other Exchanges
Address
402 Senapati Bapat Road, Bhageerath, Pune, MH, IND, 411 016
Persistent Systems Ltd is an India-based provider of software solution organized in three segments based on end market: Software, Hi-Tech and Emerging Industries; Banking, Financial Services and Insurance; and Healthcare and Life Sciences. Its solutions include cloud life cycle management, Internet of Things, unified endpoint management, endpoint detection and response, and Big Data analytics. The firm also offers product engineering services, platform-based cloud solutions, and Internet Protocol-based products. Most of the firm's revenue gets derived from the Software, Hi-Tech and Emerging Industries segment.

Persistent Systems (NSE:PERSISTENT) Headlines

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