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IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Gross-Profit-to-Asset % : 7.81% (As of Jun. 2024)


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What is IFA Hotels & Resorts Co KSCC 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. IFA Hotels & Resorts Co KSCC's annualized Gross Profit for the quarter that ended in Jun. 2024 was KWD16.68 Mil. IFA Hotels & Resorts Co KSCC's average Total Assets over the quarter that ended in Jun. 2024 was KWD213.54 Mil. Therefore, IFA Hotels & Resorts Co KSCC's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 was 7.81%.


IFA Hotels & Resorts Co KSCC Gross-Profit-to-Asset % Historical Data

The historical data trend for IFA Hotels & Resorts Co KSCC'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.

IFA Hotels & Resorts Co KSCC Gross-Profit-to-Asset % Chart

IFA Hotels & Resorts Co KSCC 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 2.74 3.28 6.13 7.29 9.52

IFA Hotels & Resorts Co KSCC Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 8.14 4.98 15.03 11.60 7.81

Competitive Comparison of IFA Hotels & Resorts Co KSCC's Gross-Profit-to-Asset %

For the Resorts & Casinos subindustry, IFA Hotels & Resorts Co KSCC'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.


IFA Hotels & Resorts Co KSCC's Gross-Profit-to-Asset % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, IFA Hotels & Resorts Co KSCC's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where IFA Hotels & Resorts Co KSCC's Gross-Profit-to-Asset % falls into.



IFA Hotels & Resorts Co KSCC Gross-Profit-to-Asset % Calculation

IFA Hotels & Resorts Co KSCC'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 )
=19.288/( (198.47+206.878)/ 2 )
=19.288/202.674
=9.52 %

IFA Hotels & Resorts Co KSCC's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=16.684/( (211.264+215.819)/ 2 )
=16.684/213.5415
=7.81 %

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


IFA Hotels & Resorts Co KSCC Gross-Profit-to-Asset % Related Terms

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IFA Hotels & Resorts Co KSCC Business Description

Traded in Other Exchanges
N/A
Address
Souk Al-Kuwait Building, Block A, P.O. Box 4694, 8th Floor, Al Abdul Razzak Square, Safat, Kuwait City, KWT, 13047
IFA Hotels & Resorts Co KSCC is engaged in the development and operations of mixed-use hotel and tourism resort projects and luxury leisure services. In addition, it invests in the land; and engages in property development activities. The company operates in four reportable segments namely property development, hoteliering, investments, and others. The majority of the revenue is generated from the property development segment. Its geographical segments include Kuwait, United Arab Emirates & Asia, Africa, and others, of which majority revenue comes from the United Arab Emirates & Asia.

IFA Hotels & Resorts Co KSCC Headlines

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