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United Cooperative Assurance Co (SAU:8190) EBIT : ﷼0.0 Mil (TTM As of Mar. 2024)


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What is United Cooperative Assurance Co EBIT?

United Cooperative Assurance Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ﷼0.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼0.0 Mil.

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

EBIT is also linked to Joel Greenblatt's definition of earnings yield. United Cooperative Assurance Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.00%.


United Cooperative Assurance Co EBIT Historical Data

The historical data trend for United Cooperative Assurance Co'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.

United Cooperative Assurance Co EBIT Chart

United Cooperative Assurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.56 -15.69 -65.41 -52.37 9.65

United Cooperative Assurance Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 United Cooperative Assurance Co's EBIT

For the Insurance - Diversified subindustry, United Cooperative Assurance Co'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.


United Cooperative Assurance Co's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, United Cooperative Assurance Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where United Cooperative Assurance Co's EV-to-EBIT falls into.



United Cooperative Assurance Co 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼0.0 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.


United Cooperative Assurance Co  (SAU:8190) EBIT Explanation

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

United Cooperative Assurance Co's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=0 * ( 1 - 9.08% )/( (499.82945 + 536.5248)/ 2 )
=0/518.177125
=0.00 %

where

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=629.846 - 18.37 - ( 122.279 - 5% * 212.649 )
=499.82945

Invested Capital(Q: Mar. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=640.728 - 1.983 - ( 111.303 - 5% * 181.656 )
=536.5248

Note: The EBIT data used here is four times the quarterly (Mar. 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:

United Cooperative Assurance Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=0/316.553
=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.


United Cooperative Assurance Co EBIT Related Terms

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United Cooperative Assurance Co (SAU:8190) Business Description

Traded in Other Exchanges
N/A
Address
Prince Saud Al Faisal Street, Al-Mukmal Centre (1st and 4th Floor), P.O. Box 5019, Al Khalidiyah District, Jeddah, SAU, 21422
United Cooperative Assurance Co is a company operating in the insurance sector. Its business is divided into four segments including Medical insurance, Motor Insurance, Energy and engineering insurance, and Other classes. The medical insurance segment covers medical costs, medicines, and all other medical services and supplies. Motor Insurance, provides coverage against losses and liability related to motor vehicles, excluding transport insurance. And Other classes segment covers other classes of insurance including property, marine, cargo, aviation, among others. It generates the majority of the revenue from Motor Insurance.

United Cooperative Assurance Co (SAU:8190) Headlines

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