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Coast Investment & Development Co (KUW:COAST) Gross-Profit-to-Asset % : -0.09% (As of Mar. 2024)


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What is Coast Investment & Development 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. Coast Investment & Development Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was KWD-0.05 Mil. Coast Investment & Development Co's average Total Assets over the quarter that ended in Mar. 2024 was KWD51.96 Mil. Therefore, Coast Investment & Development Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was -0.09%.


Coast Investment & Development Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Coast Investment & Development 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.

* Premium members only.

Coast Investment & Development Co Gross-Profit-to-Asset % Chart

Coast Investment & Development 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 -0.03 0.35 0.02 3.30 -0.38

Coast Investment & Development 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 -0.41 -0.34 0.85 -1.61 -0.09

Competitive Comparison of Coast Investment & Development Co's Gross-Profit-to-Asset %

For the Asset Management subindustry, Coast Investment & Development 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.


Coast Investment & Development Co's Gross-Profit-to-Asset % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Coast Investment & Development Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Coast Investment & Development Co's Gross-Profit-to-Asset % falls into.



Coast Investment & Development Co Gross-Profit-to-Asset % Calculation

Coast Investment & Development 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 )
=-0.193/( (50.899+52.02)/ 2 )
=-0.193/51.4595
=-0.38 %

Coast Investment & Development 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 )
=-0.048/( (52.02+51.902)/ 2 )
=-0.048/51.961
=-0.09 %

* 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.


Coast Investment & Development Co Gross-Profit-to-Asset % Related Terms

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Coast Investment & Development Co (KUW:COAST) Business Description

Traded in Other Exchanges
N/A
Address
Al Sharq Area, Shuhada Street, P.O. Box 26755, Coast Building, Al Asima Governate, Kuwait, KWT, 13128
Coast Investment & Development Co is a financial institution. The coast is engaged in a variety of investment management activities such as private equity, asset management, and real estate investments both locally and internationally. It also offers a wide array of investment services including portfolio and fund management, advisory services, corporate finance, and online equity trading services. The company's geographical segment includes Kuwait and GCC; Europe and the USA. It derives the majority of its revenue from Kuwait and GCC.

Coast Investment & Development Co (KUW:COAST) Headlines

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