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Manazel Holding Co (KUW:MANAZEL) Gross-Profit-to-Asset % : 2.06% (As of Mar. 2024)


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What is Manazel Holding 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. Manazel Holding Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was KWD0.90 Mil. Manazel Holding Co's average Total Assets over the quarter that ended in Mar. 2024 was KWD43.81 Mil. Therefore, Manazel Holding Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 2.06%.


Manazel Holding Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Manazel Holding 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.

* Premium members only.

Manazel Holding Co Gross-Profit-to-Asset % Chart

Manazel Holding Co 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 5.04 5.30 5.36 3.07 2.02

Manazel Holding 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 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 0.39 0.76 2.28 44.78 2.06

Competitive Comparison of Manazel Holding Co's Gross-Profit-to-Asset %

For the Real Estate - Development subindustry, Manazel Holding 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.


Manazel Holding Co's Gross-Profit-to-Asset % Distribution in the Real Estate Industry

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

* The bar in red indicates where Manazel Holding Co's Gross-Profit-to-Asset % falls into.



Manazel Holding Co Gross-Profit-to-Asset % Calculation

Manazel Holding 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 )
=1.143/( (61.753+51.194)/ 2 )
=1.143/56.4735
=2.02 %

Manazel Holding 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 )
=0.904/( (51.194+36.435)/ 2 )
=0.904/43.8145
=2.06 %

* 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.


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Manazel Holding Co (KUW:MANAZEL) Business Description

Traded in Other Exchanges
N/A
Address
Shrq-Shuhada Street, P.O. Box 26131, Kre Tower, 17 Floor, Safet, Kuwait City, KWT, 13121
Manazel Holding Co is involved in providing real estate development and management services. The company develops residential real estate. It develops villas, residential apartments, and summer homes. Some of its projects include Navel Houses, Admin Houses, Martyr's Houses and House of Zahra.

Manazel Holding Co (KUW:MANAZEL) Headlines

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