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E-L Financial (E-L Financial) Gross-Profit-to-Asset % : 28.88% (As of Dec. 2023)


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What is E-L Financial 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. E-L Financial's annualized Gross Profit for the quarter that ended in Dec. 2023 was $5,315 Mil. E-L Financial's average Total Assets over the quarter that ended in Dec. 2023 was $18,404 Mil. Therefore, E-L Financial's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 28.88%.


E-L Financial Gross-Profit-to-Asset % Historical Data

The historical data trend for E-L Financial'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.

E-L Financial Gross-Profit-to-Asset % Chart

E-L Financial 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 13.01 10.68 8.94 -4.49 12.25

E-L Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 13.13 16.75 10.34 -5.56 28.88

Competitive Comparison of E-L Financial's Gross-Profit-to-Asset %

For the Insurance - Life subindustry, E-L Financial'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.


E-L Financial's Gross-Profit-to-Asset % Distribution in the Insurance Industry

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

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



E-L Financial Gross-Profit-to-Asset % Calculation

E-L Financial'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 )
=2246.732/( (17480.299+19200.651)/ 2 )
=2246.732/18340.475
=12.25 %

E-L Financial's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=5315.004/( (17606.603+19200.651)/ 2 )
=5315.004/18403.627
=28.88 %

* 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 (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


E-L Financial Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of E-L Financial's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


E-L Financial (E-L Financial) Business Description

Address
165 University Avenue, 10th Floor, Toronto, ON, CAN, M5H 3B8
E-L Financial Corp Ltd operates as an investment and insurance holding company that provides a broad range of wealth management products, individual insurance products, group plans, and financial services to meet the needs of individuals, professionals, and businesses. The firm has two segments; The Empire Life operating segment underwrites life and health insurance policies and provides segregated funds, mutual funds, and annuity products, and the E-L Corporate segment operations include the oversight of investments in equities held through holdings of common shares, investment funds, closed-end investment companies, and other private companies. The firm generates a majority of its revenue from the E-L Corporate segment.

E-L Financial (E-L Financial) Headlines

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