Al Soor Fuel Marketing Co KSC (KUW:SOOR) Gross-Profit-to-Asset % : 2.33% (As of Mar. 2024)

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What is Al Soor Fuel Marketing Co KSC 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. Al Soor Fuel Marketing Co KSC's annualized Gross Profit for the quarter that ended in Mar. 2024 was KWD2.4 Mil. Al Soor Fuel Marketing Co KSC's average Total Assets over the quarter that ended in Mar. 2024 was KWD102.2 Mil. Therefore, Al Soor Fuel Marketing Co KSC's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 2.33%.

Al Soor Fuel Marketing Co KSC Gross-Profit-to-Asset % Historical Data

The historical data trend for Al Soor Fuel Marketing Co KSC'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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Al Soor Fuel Marketing Co KSC Gross-Profit-to-Asset % Chart

Al Soor Fuel Marketing Co KSC Annual Data

Trend

Dec13

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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2.03

0.58

2.34

3.59

3.11

Al Soor Fuel Marketing Co KSC 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															3.76	2.99	1.87	3.33	2.33

Competitive Comparison of Al Soor Fuel Marketing Co KSC's Gross-Profit-to-Asset %

For the Oil & Gas Refining & Marketing subindustry, Al Soor Fuel Marketing Co KSC'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.

Al Soor Fuel Marketing Co KSC's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Al Soor Fuel Marketing Co KSC's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Al Soor Fuel Marketing Co KSC's Gross-Profit-to-Asset % falls into.

Al Soor Fuel Marketing Co KSC Gross-Profit-to-Asset % Calculation

Al Soor Fuel Marketing Co KSC'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 )
	=	2.972	/	( (91.095	+	99.895)	/ 2 )
	=	2.972	/	95.495
	=	3.11 %

Al Soor Fuel Marketing Co KSC'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 )
	=	2.38	/	( (99.895	+	104.592)	/ 2 )
	=	2.38	/	102.2435
	=	2.33 %

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.

Al Soor Fuel Marketing Co KSC Gross-Profit-to-Asset % Related Terms

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Al Soor Fuel Marketing Co KSC (KUW:SOOR) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

AlMirqab - Block 3 - Omar bin Al-Khattab Street, P.O. Box 28396, KBT Tower, 14th Floor, Kuwait, KWT, 13144

Website

http://www.soor.com.kw

Al Soor Fuel Marketing Co KSC is engaged in the acquisition, construction, leasing, operation, and maintenance of petrol filling stations. It also constructs, develops, operates, and maintains customer services center at petrol stations. The customer services centers operated by the company provide all services related to cars and vehicles such as oil changes, car wash, maintenance services, repair and technical testing of vehicles, and supermarket services. Its operating segments are Fuel marketing and other related services and Investment operations. The majority of its revenue derives from Fuel marketing and other associated services.

Al Soor Fuel Marketing Co KSC (KUW:SOOR) Headlines

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