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Helvetia Holding AG (LTS:0ACB) Gross-Profit-to-Asset % : 19.78% (As of Jun. 2024)


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What is Helvetia Holding AG 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. Helvetia Holding AG's annualized Gross Profit for the quarter that ended in Jun. 2024 was CHF11,810 Mil. Helvetia Holding AG's average Total Assets over the quarter that ended in Jun. 2024 was CHF59,712 Mil. Therefore, Helvetia Holding AG's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 was 19.78%.


Helvetia Holding AG Gross-Profit-to-Asset % Historical Data

The historical data trend for Helvetia Holding AG'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.

Helvetia Holding AG Gross-Profit-to-Asset % Chart

Helvetia Holding AG 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 17.88 15.51 17.52 11.52 17.97

Helvetia Holding AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 9.15 13.71 18.77 17.16 19.78

Competitive Comparison of Helvetia Holding AG's Gross-Profit-to-Asset %

For the Insurance - Diversified subindustry, Helvetia Holding AG'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.


Helvetia Holding AG's Gross-Profit-to-Asset % Distribution in the Insurance Industry

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

* The bar in red indicates where Helvetia Holding AG's Gross-Profit-to-Asset % falls into.



Helvetia Holding AG Gross-Profit-to-Asset % Calculation

Helvetia Holding AG'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 )
=10484.2/( (57500.4+59216.1)/ 2 )
=10484.2/58358.25
=17.97 %

Helvetia Holding AG'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: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=11810.2/( (59216.1+60207.8)/ 2 )
=11810.2/59711.95
=19.78 %

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


Helvetia Holding AG Gross-Profit-to-Asset % Related Terms

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Helvetia Holding AG Business Description

Traded in Other Exchanges
Address
Dufourstrasse 40, Saint Gallen, CHE, CH-9001
Helvetia Holding AG is a diversified insurance company. The company operates multiple segments including life, nonlife, and other activities. The company's life segment offers life insurance, pension plans, and annuities and generates most of the company's revenue. Helvetia derives the vast majority of its revenue within Switzerland, followed by Germany and Italy. Helvetia's business focuses on retail customers, as well as corporations of all sizes. It considers merger and acquisition investment as a component of its operational growth strategy.

Helvetia Holding AG Headlines

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