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The Mediterranean and Gulf Insurance and Reinsurance Co (SAU:8030) Gross-Profit-to-Asset % : 103.96% (As of Jun. 2024)


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What is The Mediterranean and Gulf Insurance and Reinsurance 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. The Mediterranean and Gulf Insurance and Reinsurance Co's annualized Gross Profit for the quarter that ended in Jun. 2024 was ﷼3,218 Mil. The Mediterranean and Gulf Insurance and Reinsurance Co's average Total Assets over the quarter that ended in Jun. 2024 was ﷼3,096 Mil. Therefore, The Mediterranean and Gulf Insurance and Reinsurance Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 was 103.96%.


The Mediterranean and Gulf Insurance and Reinsurance Co Gross-Profit-to-Asset % Historical Data

The historical data trend for The Mediterranean and Gulf Insurance and Reinsurance 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.

* Premium members only.

The Mediterranean and Gulf Insurance and Reinsurance Co Gross-Profit-to-Asset % Chart

The Mediterranean and Gulf Insurance and Reinsurance Co 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 60.83 45.96 47.46 67.95 94.23

The Mediterranean and Gulf Insurance and Reinsurance Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 65.00 68.00 118.20 99.20 103.96

Competitive Comparison of The Mediterranean and Gulf Insurance and Reinsurance Co's Gross-Profit-to-Asset %

For the Insurance - Diversified subindustry, The Mediterranean and Gulf Insurance and Reinsurance 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.


The Mediterranean and Gulf Insurance and Reinsurance Co's Gross-Profit-to-Asset % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, The Mediterranean and Gulf Insurance and Reinsurance Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where The Mediterranean and Gulf Insurance and Reinsurance Co's Gross-Profit-to-Asset % falls into.



The Mediterranean and Gulf Insurance and Reinsurance Co Gross-Profit-to-Asset % Calculation

The Mediterranean and Gulf Insurance and Reinsurance 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 )
=2905.422/( (3046.383+3120.006)/ 2 )
=2905.422/3083.1945
=94.23 %

The Mediterranean and Gulf Insurance and Reinsurance Co'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: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=3218.156/( (3164.764+3026.587)/ 2 )
=3218.156/3095.6755
=103.96 %

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


The Mediterranean and Gulf Insurance and Reinsurance Co Gross-Profit-to-Asset % Related Terms

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The Mediterranean and Gulf Insurance and Reinsurance Co Business Description

Traded in Other Exchanges
N/A
Address
King Saud Road, P.O. Box 2302, Medgulf Insurance Futuro Tower, Riyadh, SAU, 11451
The Mediterranean and Gulf Insurance and Reinsurance Co is a Saudi Arabian insurance company with objectives to transact in cooperative insurance and reinsurance business and related activities. Its principal lines of business include medical, motor and other general insurance. It has three reportable operating segments: Medical insurance, which is the key revenue driver, covers medical costs, medicines, and all other medical services and supplies; Motor Insurance, which provides coverage against losses and liability related to motor vehicles; and Others.

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