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Insurance Australia Group (ASX:IAGPD.PFD) Gross-Profit-to-Asset % : 46.87% (As of Dec. 2023)


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What is Insurance Australia 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. Insurance Australia Group's annualized Gross Profit for the quarter that ended in Dec. 2023 was A$14,058.00 Mil. Insurance Australia Group's average Total Assets over the quarter that ended in Dec. 2023 was A$29,991.00 Mil. Therefore, Insurance Australia Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 46.87%.


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

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

Insurance Australia Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.69 30.11 29.10 26.30 29.55

Insurance Australia Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.26 28.26 25.50 33.66 46.87

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

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


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

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

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



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

Insurance Australia Group's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=10212/( (34083+35026)/ 2 )
=10212/34554.5
=29.55 %

Insurance Australia 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: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=14058/( (35026+24956)/ 2 )
=14058/29991
=46.87 %

* 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 two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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

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Insurance Australia Group (ASX:IAGPD.PFD) Business Description

Traded in Other Exchanges
Address
Darling Park, 201 Sussex Street, Level 13, Tower Two, Sydney, NSW, AUS, 2000
Insurance Australia Group is the biggest domestic general insurer by gross written premium operating in Australia and New Zealand. The key general insurance markets in which the company operates are home and contents, motor vehicle and compulsory third-party, and short-tail commercial. Insurance Australia Group sells insurance under several brands, including NRMA, CGU, SGIO, SGIC, WFI, and Swann in Australia, and NZI, State, AMI, and Lumley in New Zealand.

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