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SIC Insurance Co (XGHA:SIC) Gross-Profit-to-Asset % : 52.92% (As of Dec. 2021)


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What is SIC Insurance 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. SIC Insurance Co's annualized Gross Profit for the quarter that ended in Dec. 2021 was GHS348.0 Mil. SIC Insurance Co's average Total Assets over the quarter that ended in Dec. 2021 was GHS657.6 Mil. Therefore, SIC Insurance Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2021 was 52.92%.


SIC Insurance Co Gross-Profit-to-Asset % Historical Data

The historical data trend for SIC Insurance 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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SIC Insurance Co Gross-Profit-to-Asset % Chart

SIC Insurance Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.96 27.51 29.35 33.65 32.80

SIC Insurance Co Quarterly Data
Dec15 Dec16 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Dec22
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 32.53 27.44 31.81 52.92 -

Competitive Comparison of SIC Insurance Co's Gross-Profit-to-Asset %

For the Insurance - Property & Casualty subindustry, SIC Insurance 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.


SIC Insurance Co's Gross-Profit-to-Asset % Distribution in the Insurance Industry

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

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



SIC Insurance Co Gross-Profit-to-Asset % Calculation

SIC Insurance Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=249.675/( (714.161+808.206)/ 2 )
=249.675/761.1835
=32.80 %

SIC Insurance Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2021 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2021 )/( (Total Assets (Q: Sep. 2021 )+Total Assets (Q: Dec. 2021 ))/ count )
=348.02/( (601.061+714.161)/ 2 )
=348.02/657.611
=52.92 %

* 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 (Dec. 2021) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


SIC Insurance Co Gross-Profit-to-Asset % Related Terms

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SIC Insurance Co (XGHA:SIC) Business Description

Traded in Other Exchanges
N/A
Address
28/29 Ring Road East, Nyemitei House, P. O. Box 2363, Osu, Accra, GHA
SIC Insurance Co Ltd is a Ghana-based insurance company. It offers non-life insurance products including Motor insurance, Fire insurance, Marine and aviation insurance; and Accident insurance. Along with its subsidiaries, the company also issues a diversified portfolio of investment services to provide its customers with asset management solutions for their savings and retirement needs as well as undertaking brokerage services and corporate finance. The firm operates in Ghana. The company generates the majority of its revenue from Fire Insurance.