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Al Manar Financing & Leasing Co (KUW:ALMANAR) Net Margin % : 95.82% (As of Mar. 2024)


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What is Al Manar Financing & Leasing Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Al Manar Financing & Leasing Co's Net Income for the three months ended in Mar. 2024 was KWD0.48 Mil. Al Manar Financing & Leasing Co's Revenue for the three months ended in Mar. 2024 was KWD0.50 Mil. Therefore, Al Manar Financing & Leasing Co's net margin for the quarter that ended in Mar. 2024 was 95.82%.

The historical rank and industry rank for Al Manar Financing & Leasing Co's Net Margin % or its related term are showing as below:

KUW:ALMANAR' s Net Margin % Range Over the Past 10 Years
Min: -182.24   Med: 47.21   Max: 96.68
Current: 96.68


KUW:ALMANAR's Net Margin % is ranked better than
94.79% of 518 companies
in the Credit Services industry
Industry Median: 14.325 vs KUW:ALMANAR: 96.68

Al Manar Financing & Leasing Co Net Margin % Historical Data

The historical data trend for Al Manar Financing & Leasing Co's Net Margin % 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.

Al Manar Financing & Leasing Co Net Margin % Chart

Al Manar Financing & Leasing Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 40.73 -182.24 53.68 88.33 85.59

Al Manar Financing & Leasing Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % 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 46.44 56.78 62.11 206.18 95.82

Competitive Comparison of Al Manar Financing & Leasing Co's Net Margin %

For the Credit Services subindustry, Al Manar Financing & Leasing Co's Net Margin %, along with its competitors' market caps and Net Margin % 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.


Al Manar Financing & Leasing Co's Net Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Al Manar Financing & Leasing Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Al Manar Financing & Leasing Co's Net Margin % falls into.



Al Manar Financing & Leasing Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Al Manar Financing & Leasing Co's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1.883/2.2
=85.59 %

Al Manar Financing & Leasing Co's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=0.481/0.502
=95.82 %

* 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.


Al Manar Financing & Leasing Co  (KUW:ALMANAR) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Al Manar Financing & Leasing Co Net Margin % Related Terms

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Al Manar Financing & Leasing Co (KUW:ALMANAR) Business Description

Traded in Other Exchanges
N/A
Address
Al Qiblah Block 13 Street 23, Building 19 Floor 29, P.O. BOX 22828, SAFAT, Kuwait City, KWT, 13089
Al Manar Financing & Leasing Co is Kuwait based company that operates as an Islamic financing institution. It provides all credit facilities, Leasing services, and investments in Real estate, Industrial, Agricultural, and Economic sectors. Its operating segments are Finance, Investments, and others. The majority of the revenue comes from Finance.

Al Manar Financing & Leasing Co (KUW:ALMANAR) Headlines

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