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ClearView Wealth (ASX:CVW) Gross-Profit-to-Asset % : 13.24% (As of Dec. 2023)


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What is ClearView Wealth 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. ClearView Wealth's annualized Gross Profit for the quarter that ended in Dec. 2023 was A$357.8 Mil. ClearView Wealth's average Total Assets over the quarter that ended in Dec. 2023 was A$2,703.1 Mil. Therefore, ClearView Wealth's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 13.24%.


ClearView Wealth Gross-Profit-to-Asset % Historical Data

The historical data trend for ClearView Wealth'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.

ClearView Wealth Gross-Profit-to-Asset % Chart

ClearView Wealth Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.44 11.52 21.86 3.86 8.60

ClearView Wealth Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 14.62 -7.62 9.74 7.72 13.24

Competitive Comparison of ClearView Wealth's Gross-Profit-to-Asset %

For the Insurance - Life subindustry, ClearView Wealth'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.


ClearView Wealth's Gross-Profit-to-Asset % Distribution in the Insurance Industry

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

* The bar in red indicates where ClearView Wealth's Gross-Profit-to-Asset % falls into.



ClearView Wealth Gross-Profit-to-Asset % Calculation

ClearView Wealth's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=221.744/( (2571.078+2583.284)/ 2 )
=221.744/2577.181
=8.60 %

ClearView Wealth'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: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=357.766/( (2583.284+2822.965)/ 2 )
=357.766/2703.1245
=13.24 %

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


ClearView Wealth Gross-Profit-to-Asset % Related Terms

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ClearView Wealth (ASX:CVW) Business Description

Traded in Other Exchanges
N/A
Address
20 Bond Street, Level 15, Sydney, NSW, AUS, 2000
ClearView Wealth Ltd is a diversified financial services company that partners with financial advisers and strategic partners to help Australians protect and grow their wealth and achieve their financial goals. The company's operating segments include Life Insurance and Wealth Management. It generates maximum revenue from the Life Insurance segment, which manufactures ClearView life insurance products under a retail life insurance Australian Financial Services (AFS) licence.

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