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Palestine Insurance Co (XPAE:PICO) Gross-Profit-to-Asset % : 59.87% (As of Sep. 2023)


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What is Palestine 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. Palestine Insurance Co's annualized Gross Profit for the quarter that ended in Sep. 2023 was $37.46 Mil. Palestine Insurance Co's average Total Assets over the quarter that ended in Sep. 2023 was $62.57 Mil. Therefore, Palestine Insurance Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 59.87%.


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

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

Palestine 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 51.03 48.53 52.91 56.84 65.29

Palestine Insurance Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 55.02 76.42 86.05 83.80 59.87

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

For the Insurance - Property & Casualty subindustry, Palestine 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.


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

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

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



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

Palestine 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 )
=56.681/( (83.13+90.508)/ 2 )
=56.681/86.819
=65.29 %

Palestine Insurance Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=37.464/( (64.226+60.918)/ 2 )
=37.464/62.572
=59.87 %

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


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

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Palestine Insurance Co (XPAE:PICO) Business Description

Traded in Other Exchanges
N/A
Address
Yafa Street, P.O.Box 281, Ramallah, PSE
Palestine Insurance Co is engaged in providing insurance, re-insurance, and all kinds of warranty work and compensations. It offers insurance including fire, property damage, marine, health, and motor.

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