GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Gulf Insurance Group (SAU:8250) » Definitions » Gross-Profit-to-Asset %

Gulf Insurance Group (SAU:8250) Gross-Profit-to-Asset % : 46.23% (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Gulf 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. Gulf Insurance Group's annualized Gross Profit for the quarter that ended in Mar. 2024 was ﷼1,340 Mil. Gulf Insurance Group's average Total Assets over the quarter that ended in Mar. 2024 was ﷼2,899 Mil. Therefore, Gulf Insurance Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 46.23%.


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

The historical data trend for Gulf 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.

* Premium members only.

Gulf Insurance Group Gross-Profit-to-Asset % Chart

Gulf Insurance Group 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 55.75 50.61 49.22 53.32 53.37

Gulf Insurance Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 62.63 120.54 40.90 51.10 46.23

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

For the Insurance - Diversified subindustry, Gulf 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.


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

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

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



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

Gulf Insurance Group'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 )
=1480.361/( (2587.332+2960.458)/ 2 )
=1480.361/2773.895
=53.37 %

Gulf Insurance Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=1340.24/( (2960.458+2837.57)/ 2 )
=1340.24/2899.014
=46.23 %

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


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

Thank you for viewing the detailed overview of Gulf Insurance Group's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Gulf Insurance Group (SAU:8250) Business Description

Traded in Other Exchanges
N/A
Address
King Abdullah Road, P.O. Box 753, Al Nuzha District, Riyadh, SAU, 11421
Gulf Insurance Group operates in the insurance industry. The company's line of business includes health, motor, marine, property, engineering, accident, liability, and protection insurance. It has various segments which include Motor, Property and Casualty, Health, and Protection. The majority of the revenue is generated from its Motor insurance segment which is intended to compensate the policyholder for damage to the vehicle or liability to third parties due to an accident.

Gulf Insurance Group (SAU:8250) Headlines

No Headlines