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CIC Insurance Group (NAI:CIC) Gross-Profit-to-Asset % : 50.70% (As of Dec. 2022)


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What is CIC Insurance Group 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. CIC Insurance Group's annualized Gross Profit for the quarter that ended in Dec. 2022 was KES22,370 Mil. CIC Insurance Group's average Total Assets over the quarter that ended in Dec. 2022 was KES44,123 Mil. Therefore, CIC Insurance Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2022 was 50.70%.


CIC Insurance Group Gross-Profit-to-Asset % Historical Data

The historical data trend for CIC Insurance Group'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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CIC Insurance Group Gross-Profit-to-Asset % Chart

CIC Insurance Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.63 51.38 45.28 47.56 50.70

CIC Insurance Group Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 53.63 51.38 45.28 47.56 50.70

Competitive Comparison of CIC Insurance Group's Gross-Profit-to-Asset %

For the Insurance - Diversified subindustry, CIC Insurance Group'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.


CIC Insurance Group's Gross-Profit-to-Asset % Distribution in the Insurance Industry

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

* The bar in red indicates where CIC Insurance Group's Gross-Profit-to-Asset % falls into.



CIC Insurance Group Gross-Profit-to-Asset % Calculation

CIC Insurance Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=22369.744/( (41540.836+46704.956)/ 2 )
=22369.744/44122.896
=50.70 %

CIC Insurance Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Dec. 2022 ))/ count )
=22369.744/( (41540.836+46704.956)/ 2 )
=22369.744/44122.896
=50.70 %

* 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 one times the annual (Dec. 2022) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


CIC Insurance Group Gross-Profit-to-Asset % Related Terms

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CIC Insurance Group (NAI:CIC) Business Description

Traded in Other Exchanges
N/A
Address
Mara Road, Upper Hill, P.O. Box 59485, CIC Plaza, Nairobi, KEN, 00200
CIC Insurance Group Ltd is an insurance company. The Group's reportable segments are long-term business, general insurance business, asset management and other. Its product portfolio consists of General insurance, Life assurance, Health insurance, and Asset management services. It takes the risk for retail, Cooperative societies, and corporate entities.

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