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United Cooperative Assurance Co (SAU:8190) Gross-Profit-to-Asset % : 101.90% (As of Jun. 2024)


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What is United Cooperative Assurance 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. United Cooperative Assurance Co's annualized Gross Profit for the quarter that ended in Jun. 2024 was ﷼709.8 Mil. United Cooperative Assurance Co's average Total Assets over the quarter that ended in Jun. 2024 was ﷼696.5 Mil. Therefore, United Cooperative Assurance Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 was 101.90%.


United Cooperative Assurance Co Gross-Profit-to-Asset % Historical Data

The historical data trend for United Cooperative Assurance 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.

United Cooperative Assurance Co Gross-Profit-to-Asset % Chart

United Cooperative Assurance 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 11.45 15.57 22.89 42.66 97.83

United Cooperative Assurance 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 83.99 112.92 129.02 114.38 101.90

Competitive Comparison of United Cooperative Assurance Co's Gross-Profit-to-Asset %

For the Insurance - Diversified subindustry, United Cooperative Assurance 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.


United Cooperative Assurance Co's Gross-Profit-to-Asset % Distribution in the Insurance Industry

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

* The bar in red indicates where United Cooperative Assurance Co's Gross-Profit-to-Asset % falls into.



United Cooperative Assurance Co Gross-Profit-to-Asset % Calculation

United Cooperative Assurance 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 )
=673.733/( (747.546+629.846)/ 2 )
=673.733/688.696
=97.83 %

United Cooperative Assurance 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 )
=709.792/( (640.728+752.328)/ 2 )
=709.792/696.528
=101.90 %

* 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.


United Cooperative Assurance Co Gross-Profit-to-Asset % Related Terms

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United Cooperative Assurance Co Business Description

Traded in Other Exchanges
N/A
Address
Prince Saud Al Faisal Street, Al-Mukmal Centre (1st and 4th Floor), P.O. Box 5019, Al Khalidiyah District, Jeddah, SAU, 21422
United Cooperative Assurance Co is a company operating in the insurance sector. Its business is divided into four segments including Medical insurance, Motor Insurance, Energy and engineering insurance, and Other classes. The medical insurance segment covers medical costs, medicines, and all other medical services and supplies. Motor Insurance, provides coverage against losses and liability related to motor vehicles, excluding transport insurance. And Other classes segment covers other classes of insurance including property, marine, cargo, aviation, among others. It generates the majority of the revenue from Motor Insurance.

United Cooperative Assurance Co Headlines

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