Ajial Real Estate & Entertainment Co (KUW:AREEC) Gross-Profit-to-Asset % : 2.98% (As of Mar. 2024)

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What is Ajial Real Estate & Entertainment Co 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. Ajial Real Estate & Entertainment Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was KWD5.18 Mil. Ajial Real Estate & Entertainment Co's average Total Assets over the quarter that ended in Mar. 2024 was KWD173.65 Mil. Therefore, Ajial Real Estate & Entertainment Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 2.98%.

Ajial Real Estate & Entertainment Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Ajial Real Estate & Entertainment Co'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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Ajial Real Estate & Entertainment Co Gross-Profit-to-Asset % Chart

Ajial Real Estate & Entertainment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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0.86

0.41

0.63

0.96

2.52

Ajial Real Estate & Entertainment Co 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															1.43	2.33	3.25	3.07	2.98

Competitive Comparison of Ajial Real Estate & Entertainment Co's Gross-Profit-to-Asset %

For the Real Estate Services subindustry, Ajial Real Estate & Entertainment Co'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.

Ajial Real Estate & Entertainment Co's Gross-Profit-to-Asset % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ajial Real Estate & Entertainment Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Ajial Real Estate & Entertainment Co's Gross-Profit-to-Asset % falls into.

Ajial Real Estate & Entertainment Co Gross-Profit-to-Asset % Calculation

Ajial Real Estate & Entertainment Co'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 )
	=	4.338	/	( (171.202	+	172.619)	/ 2 )
	=	4.338	/	171.9105
	=	2.52 %

Ajial Real Estate & Entertainment Co'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 )
	=	5.176	/	( (172.619	+	174.69)	/ 2 )
	=	5.176	/	173.6545
	=	2.98 %

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.

Ajial Real Estate & Entertainment Co Gross-Profit-to-Asset % Related Terms

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Ajial Real Estate & Entertainment Co (KUW:AREEC) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Hamra Tower, 26th Floor, Office No. 2, P.O. Box 22448, Safat, Kuwait City, KWT, 13085

Website

http://www.ajial-realestate.com

Ajial Real Estate & Entertainment Co is a real estate company. Its activities include buying and selling lands, renting and selling of real estate domestically and outside Kuwait, establishing and maintaining residential complexes, the building of commercial markets and entertainment centres, touristic facilities and special accommodations, provide contracting services and trading of building materials. The company's segments include Real estate investing activities that invests and trades in real estate and construction or development of real estate for the sale; and Equities and other investing activities that invest in financial and real estate funds and manages the group's liquidity requirements.

Ajial Real Estate & Entertainment Co (KUW:AREEC) Headlines

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