Gross profit and net profit ratio
This query is : Resolved
02 September 2016
Hi,
Anyone can help me what is the good Gross and Net Profit Ratio. Because we are going to file our IT and we are getting our GPR nearly 44% and NPR 1.98%. Our company is a Private Limited Company and I want to know whether it is good ratio? Will it accept for any bank loan?
Please clear my doubts.
Malathi.R
Anyone can help me what is the good Gross and Net Profit Ratio. Because we are going to file our IT and we are getting our GPR nearly 44% and NPR 1.98%. Our company is a Private Limited Company and I want to know whether it is good ratio? Will it accept for any bank loan?
Please clear my doubts.
Malathi.R
03 September 2016
Gross profit ratio= gross profit as per trading account/sales after sales returns
Net profit ratio =net profit ad per profit and loss account/sales after sales returns
Net profit is the figure which we transfer to balance sheet
This is my opinion
The main ratios bank look into are
1,current ratio
2,Quick ratio
3,return on tangible assets
4,return on investment
Banks usually finance up to 2. Crores by projected turn over method.
I have explained what I know about
Net profit ratio =net profit ad per profit and loss account/sales after sales returns
Net profit is the figure which we transfer to balance sheet
This is my opinion
The main ratios bank look into are
1,current ratio
2,Quick ratio
3,return on tangible assets
4,return on investment
Banks usually finance up to 2. Crores by projected turn over method.
I have explained what I know about
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Tds on building rent monthly
- RCM INVOICING FROM NOV-2024
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
