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Kuwait Reinsurance Co KSC (KUW:KUWAITRE) EBIT : KWD0.00 Mil (TTM As of Dec. 2024)


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What is Kuwait Reinsurance Co KSC EBIT?

Kuwait Reinsurance Co KSC's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was KWD0.00 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was KWD0.00 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kuwait Reinsurance Co KSC's annualized ROC % for the quarter that ended in Dec. 2024 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kuwait Reinsurance Co KSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 0.00%.


Kuwait Reinsurance Co KSC EBIT Historical Data

The historical data trend for Kuwait Reinsurance Co KSC's EBIT 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.

Kuwait Reinsurance Co KSC EBIT Chart

Kuwait Reinsurance Co KSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.67 6.84 8.54 - -

Kuwait Reinsurance Co KSC Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
EBIT 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 - - - - -

Competitive Comparison of Kuwait Reinsurance Co KSC's EBIT

For the Insurance - Reinsurance subindustry, Kuwait Reinsurance Co KSC's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Kuwait Reinsurance Co KSC's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Kuwait Reinsurance Co KSC's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Kuwait Reinsurance Co KSC's EV-to-EBIT falls into.


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Kuwait Reinsurance Co KSC EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD0.00 Mil.

* 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.


Kuwait Reinsurance Co KSC  (KUW:KUWAITRE) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Kuwait Reinsurance Co KSC's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=0 * ( 1 - 4.38% )/( (214.45675 + 223.89665)/ 2 )
=0/219.1767
=0.00 %

where

Invested Capital(Q: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=221.334 - 2.886 - ( 5.336 - 5% * 26.895 )
=214.45675

Invested Capital(Q: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=231.551 - 3.462 - ( 5.251 - 5% * 21.173 )
=223.89665

Note: The EBIT data used here is four times the quarterly (Dec. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Kuwait Reinsurance Co KSC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=0/106.996
=0.00 %

* 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.


Kuwait Reinsurance Co KSC EBIT Related Terms

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Kuwait Reinsurance Co KSC Business Description

Traded in Other Exchanges
N/A
Address
Al-Shuhada's Street, Kuwait Return Tower- 8, 9, 13 Floors, Al Sharq District, Kuwait, KWT
Kuwait Reinsurance Co KSC operates as a reinsurance company. It provides traditional and tailored reinsurance solutions to its customers in the energy sector in Kuwait. The company provides tailored risk solutions for a variety of industries. Their operating segments include Fire, General Accident, Marine, Energy, Aviation, and life. The majority of its revenue is derived from its fire insurance business. The company's activities are spread across Kuwait, the Middle East, and North Africa.

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