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Enterprise Group (XGHA:EGL) Gross-Profit-to-Asset % : 31.82% (As of Dec. 2023)


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What is Enterprise 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. Enterprise Group's annualized Gross Profit for the quarter that ended in Dec. 2023 was GHS880.1 Mil. Enterprise Group's average Total Assets over the quarter that ended in Dec. 2023 was GHS2,765.7 Mil. Therefore, Enterprise Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 31.82%.


Enterprise Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Enterprise 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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Enterprise Group Gross-Profit-to-Asset % Chart

Enterprise 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 51.14 53.25 59.81 24.19 31.82

Enterprise Group Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.14 53.25 59.81 24.19 31.82

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

For the Insurance - Life subindustry, Enterprise 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.


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

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

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


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Enterprise Group Gross-Profit-to-Asset % Calculation

Enterprise 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 )
=880.079/( (2491.417+3039.992)/ 2 )
=880.079/2765.7045
=31.82 %

Enterprise Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=880.079/( (2491.417+3039.992)/ 2 )
=880.079/2765.7045
=31.82 %

* 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. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Enterprise Group Gross-Profit-to-Asset % Related Terms

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Enterprise Group Business Description

Traded in Other Exchanges
N/A
Address
Mayor Road, Ridge West, Accra, Advantage Place, Accra, GHA, PMB 150
Enterprise Group Ltd is engaged in the business of investments, life, non-life and health insurance underwriting, pensions funds management, provision of funeral services and real estate development and management. It also underwrites insurance risks, associated with death, disability, health, property, and liability. The company is organized into seven operating segments. These segments are Non-life insurance business; Life assurance business; Health insurance business, Pension administration; Real estate; Funeral services; and Investments. The company derives its revenues from Non Life insurance business.