Morabaha Marina Financing Co (SAU:4082) Gross-Profit-to-Asset % : 5.13% (As of Sep. 2024)

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What is Morabaha Marina Financing Co 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. Morabaha Marina Financing Co's annualized Gross Profit for the quarter that ended in Sep. 2024 was ﷼73.6 Mil. Morabaha Marina Financing Co's average Total Assets over the quarter that ended in Sep. 2024 was ﷼1,435.7 Mil. Therefore, Morabaha Marina Financing Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 5.13%.

Morabaha Marina Financing Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Morabaha Marina Financing Co'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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Morabaha Marina Financing Co Gross-Profit-to-Asset % Chart

Morabaha Marina Financing Co Annual Data

Trend

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

8.12

7.78

5.29

Morabaha Marina Financing Co Quarterly Data
	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial								4.06	4.26	5.94	4.63	5.13

Competitive Comparison of Morabaha Marina Financing Co's Gross-Profit-to-Asset %

For the Credit Services subindustry, Morabaha Marina Financing Co'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.

Morabaha Marina Financing Co's Gross-Profit-to-Asset % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Morabaha Marina Financing Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Morabaha Marina Financing Co's Gross-Profit-to-Asset % falls into.

Morabaha Marina Financing Co Gross-Profit-to-Asset % Calculation

Morabaha Marina Financing Co'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 )
	=	67.833	/	( (1223.787	+	1342.586)	/ 2 )
	=	67.833	/	1283.1865
	=	5.29 %

Morabaha Marina Financing Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	73.644	/	( (1406.375	+	1465.052)	/ 2 )
	=	73.644	/	1435.7135
	=	5.13 %

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

Morabaha Marina Financing Co Gross-Profit-to-Asset % Related Terms

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Morabaha Marina Financing Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Morabaha Marina Financing Co (SAU:4082) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Thoumamah Road, P.O. Box 8055, Al Rabie District, Riyadh, SAU, 14925

Website

https://www.mrna.sa

Morabaha Marina Financing Co operates in the field of non-bank financing. It is engaged in leasing and providing financing facilities to medium and small enterprises and consumers in addition to financing production assets and offering consumer finance in accordance with the Saudi Central Bank. The Company's objective is to provide financing for Retails & SME`s. The Company has only one geographical segment and it operates in the Kingdom of Saudi Arabia. The company offers financing solutions through tawarruq, leasing, and murabaha products.

Morabaha Marina Financing Co Headlines

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