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Algr National Insurance Co (DFM:ASNIC) Gross-Profit-to-Asset % : 73.96% (As of Mar. 2024)


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What is Algr National Insurance Co 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. Algr National Insurance Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was د.إ634.3 Mil. Algr National Insurance Co's average Total Assets over the quarter that ended in Mar. 2024 was د.إ857.6 Mil. Therefore, Algr National Insurance Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 73.96%.


Algr National Insurance Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Algr National Insurance Co'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.

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Algr National Insurance Co Gross-Profit-to-Asset % Chart

Algr National Insurance Co 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 29.28 36.30 41.88 45.20 74.06

Algr National Insurance Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 59.26 69.24 80.75 78.72 73.96

Competitive Comparison of Algr National Insurance Co's Gross-Profit-to-Asset %

For the Insurance - Diversified subindustry, Algr National Insurance Co'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.


Algr National Insurance Co's Gross-Profit-to-Asset % Distribution in the Insurance Industry

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

* The bar in red indicates where Algr National Insurance Co's Gross-Profit-to-Asset % falls into.



Algr National Insurance Co Gross-Profit-to-Asset % Calculation

Algr National Insurance Co'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 )
=592.536/( (749.575+850.584)/ 2 )
=592.536/800.0795
=74.06 %

Algr National Insurance Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=634.288/( (850.584+864.557)/ 2 )
=634.288/857.5705
=73.96 %

* 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 (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Algr National Insurance Co Gross-Profit-to-Asset % Related Terms

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Algr National Insurance Co (DFM:ASNIC) Business Description

Traded in Other Exchanges
N/A
Address
Al Sagr National Insurance Building, Al Seef Road, P.O. Box 14614, Bur Dubai, Diplomatic Area, Dubai, ARE
Al Sagr National Insurance Co is an insurance company. The company supports its clients with comprehensive insurance solutions to manage health, life, and general risks for individuals, SMEs, large companies, and multinational corporations. It is engaged in the writing of insurance including property, engineering, liability, marine cargo, marine hull, motor, medical, life, travel and miscellaneous insurance. The company is organized into two operating segments, general insurance, and life assurance. The company's revenue is generated from general insurance business segment. The company has its own Branches all over the UAE and has a large scale insurance interest in the Kingdom of Saudi Arabia and Jordan.

Algr National Insurance Co (DFM:ASNIC) Headlines

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