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Menif Financial Services (XTAE:MNIF) Gross-Profit-to-Asset % : 8.24% (As of Mar. 2024)


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What is Menif Financial Services 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. Menif Financial Services's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₪224.4 Mil. Menif Financial Services's average Total Assets over the quarter that ended in Mar. 2024 was ₪2,723.9 Mil. Therefore, Menif Financial Services's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 8.24%.


Menif Financial Services Gross-Profit-to-Asset % Historical Data

The historical data trend for Menif Financial Services'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.

Menif Financial Services Gross-Profit-to-Asset % Chart

Menif Financial Services Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 10.84 11.44 9.54 8.26 7.82

Menif Financial Services 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 8.15 7.96 8.10 7.35 8.24

Competitive Comparison of Menif Financial Services's Gross-Profit-to-Asset %

For the Credit Services subindustry, Menif Financial Services'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.


Menif Financial Services's Gross-Profit-to-Asset % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Menif Financial Services's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Menif Financial Services's Gross-Profit-to-Asset % falls into.



Menif Financial Services Gross-Profit-to-Asset % Calculation

Menif Financial Services'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 )
=180.439/( (2012.807+2603.478)/ 2 )
=180.439/2308.1425
=7.82 %

Menif Financial Services'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 )
=224.368/( (2603.478+2844.278)/ 2 )
=224.368/2723.878
=8.24 %

* 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.


Menif Financial Services Gross-Profit-to-Asset % Related Terms

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Menif Financial Services (XTAE:MNIF) Business Description

Traded in Other Exchanges
N/A
Address
Jabotinsky 35, Ramat Gan, ISR, 52511
Menif Financial Services Ltd is engaged in providing mezzanine financing for equity to promoters and contractors in the construction industry. It offers financing for reinforcement and construction projects, small construction evacuation projects, and large-scale construction evacuation projects.

Menif Financial Services (XTAE:MNIF) Headlines

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