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Michman Finance (XTAE:MCMN) Gross-Profit-to-Asset % : 7.55% (As of Dec. 2024)


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What is Michman Finance 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. Michman Finance's annualized Gross Profit for the quarter that ended in Dec. 2024 was ₪60.2 Mil. Michman Finance's average Total Assets over the quarter that ended in Dec. 2024 was ₪797.2 Mil. Therefore, Michman Finance's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 was 7.55%.


Michman Finance Gross-Profit-to-Asset % Historical Data

The historical data trend for Michman Finance'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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Michman Finance Gross-Profit-to-Asset % Chart

Michman Finance Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 9.85 11.78 13.13 12.66 8.95

Michman Finance Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 11.56 9.95 9.63 9.96 7.55

Competitive Comparison of Michman Finance's Gross-Profit-to-Asset %

For the Credit Services subindustry, Michman Finance'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.


Michman Finance's Gross-Profit-to-Asset % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Michman Finance's Gross-Profit-to-Asset % distribution charts can be found below:

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


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Michman Finance Gross-Profit-to-Asset % Calculation

Michman Finance's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=67.786/( (692.506+822.991)/ 2 )
=67.786/757.7485
=8.95 %

Michman Finance's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=60.208/( (771.485+822.991)/ 2 )
=60.208/797.238
=7.55 %

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


Michman Finance Gross-Profit-to-Asset % Related Terms

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Michman Finance Business Description

Traded in Other Exchanges
N/A
Address
BSR Towers 3, 29th Floor, Bnei Brak, ISR, 5126237
Michman Finance Ltd is engaged in providing a variety of loans and non-bank services to businesses. The products of the company comprise Discount checks, Extended license, Import financing, Business Mediation loans, and Extended license, among others.

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