GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Warba Bank (K.S.C.) (KUW:WARBABANK) » Definitions » Gross-Profit-to-Asset %

Warba Bank (K.S.C.) (KUW:WARBABANK) Gross-Profit-to-Asset % : 1.51% (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Warba Bank (K.S.C.) 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. Warba Bank (K.S.C.)'s annualized Gross Profit for the quarter that ended in Mar. 2024 was KWD73.47 Mil. Warba Bank (K.S.C.)'s average Total Assets over the quarter that ended in Mar. 2024 was KWD4,861.80 Mil. Therefore, Warba Bank (K.S.C.)'s annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 1.51%.


Warba Bank (K.S.C.) Gross-Profit-to-Asset % Historical Data

The historical data trend for Warba Bank (K.S.C.)'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.

Warba Bank (K.S.C.) Gross-Profit-to-Asset % Chart

Warba Bank (K.S.C.) 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 1.94 2.15 1.74 1.59 1.42

Warba Bank (K.S.C.) 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 1.38 1.52 1.41 1.20 1.51

Competitive Comparison of Warba Bank (K.S.C.)'s Gross-Profit-to-Asset %

For the Banks - Regional subindustry, Warba Bank (K.S.C.)'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.


Warba Bank (K.S.C.)'s Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Warba Bank (K.S.C.)'s Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Warba Bank (K.S.C.)'s Gross-Profit-to-Asset % falls into.



Warba Bank (K.S.C.) Gross-Profit-to-Asset % Calculation

Warba Bank (K.S.C.)'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 )
=64.138/( (4200.957+4832.209)/ 2 )
=64.138/4516.583
=1.42 %

Warba Bank (K.S.C.)'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 )
=73.472/( (4832.209+4891.385)/ 2 )
=73.472/4861.797
=1.51 %

* 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.


Warba Bank (K.S.C.) Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Warba Bank (K.S.C.)'s Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Warba Bank (K.S.C.) (KUW:WARBABANK) Business Description

Traded in Other Exchanges
N/A
Address
Omar Ibn Al-Khattab Street, Mezzanine Floor 1, Al-Raya Tower, Kuwait City, KWT, 13013
Warba Bank (K.S.C.) is a Kuwait-based banking corporation involved in corporate, retail, and investment banking activities in accordance with the principles of Islamic Sharia. It has five operating segments; Corporate offers a range of banking services and investment products to corporate customers, in addition to providing commodity and real estate Murabaha finance and Ijara facilities. Retail offers diversified products and services to individual customers, Treasury includes Bank's funding operations management, local and international Murabaha, and other Islamic financings with banks and financial institutions, Investment includes investment in direct equity, real estate investment, other investments, and asset management, and Other includes cost center assets and expenses.

Warba Bank (K.S.C.) (KUW:WARBABANK) Headlines

No Headlines