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Toyo Tire (TSE:5105) Gross-Profit-to-Asset % : 35.39% (As of Mar. 2024)


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What is Toyo Tire 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. Toyo Tire's annualized Gross Profit for the quarter that ended in Mar. 2024 was 円231,080 Mil. Toyo Tire's average Total Assets over the quarter that ended in Mar. 2024 was 円652,968 Mil. Therefore, Toyo Tire's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 35.39%.


Toyo Tire Gross-Profit-to-Asset % Historical Data

The historical data trend for Toyo Tire'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.

Toyo Tire Gross-Profit-to-Asset % Chart

Toyo Tire 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 27.89 26.96 32.97 35.04 34.80

Toyo Tire 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 34.95 29.49 35.64 37.39 35.39

Competitive Comparison of Toyo Tire's Gross-Profit-to-Asset %

For the Auto Parts subindustry, Toyo Tire'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.


Toyo Tire's Gross-Profit-to-Asset % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Toyo Tire's Gross-Profit-to-Asset % distribution charts can be found below:

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



Toyo Tire Gross-Profit-to-Asset % Calculation

Toyo Tire'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 )
=216511/( (598889+645480)/ 2 )
=216511/622184.5
=34.80 %

Toyo Tire'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 )
=231080/( (645480+660455)/ 2 )
=231080/652967.5
=35.39 %

* 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.


Toyo Tire Gross-Profit-to-Asset % Related Terms

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Toyo Tire (TSE:5105) Business Description

Traded in Other Exchanges
Address
2-2-13 Fujinoki, Hyogo, Itami, JPN, 664-0847
Toyo Tire Corp manufactures and sells tires, rubber tubes, industrial rubber, polyurethane products, and automotive parts. The majority of the company's revenue is amassed through Japanese and North American sales. Toyo Tire & Rubber's tires are developed through micro-level research and analysis. Optimal tire performance is gained through proprietary nano-level blending techniques that provide uniform polymer dispersion. Additional enhancements are gained through driving simulation and propriety T mode simulation. Simulation testing methods enable the company to monitor tire behavior and construction under various situations.

Toyo Tire (TSE:5105) Headlines

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