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NIB Holdings (ASX:NHF) Gross-Profit-to-Asset % : 162.42% (As of Dec. 2023)


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What is NIB Holdings 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. NIB Holdings's annualized Gross Profit for the quarter that ended in Dec. 2023 was A$3,386 Mil. NIB Holdings's average Total Assets over the quarter that ended in Dec. 2023 was A$2,085 Mil. Therefore, NIB Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 162.42%.


NIB Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for NIB Holdings'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.

* Premium members only.

NIB Holdings Gross-Profit-to-Asset % Chart

NIB Holdings 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 163.97 155.77 156.15 152.96 155.77

NIB Holdings 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 160.76 149.41 156.86 155.34 162.42

Competitive Comparison of NIB Holdings's Gross-Profit-to-Asset %

For the Insurance - Specialty subindustry, NIB Holdings'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.


NIB Holdings's Gross-Profit-to-Asset % Distribution in the Insurance Industry

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

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



NIB Holdings Gross-Profit-to-Asset % Calculation

NIB Holdings'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 )
=3123.4/( (1880.4+2130)/ 2 )
=3123.4/2005.2
=155.77 %

NIB Holdings'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 )
=3386.2/( (2130+2039.6)/ 2 )
=3386.2/2084.8
=162.42 %

* 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.


NIB Holdings Gross-Profit-to-Asset % Related Terms

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NIB Holdings (ASX:NHF) Business Description

Traded in Other Exchanges
Address
22 Honeysuckle Drive, Newcastle, NSW, AUS, 2300
NIB Holdings is Australia's fourth-largest health fund. It is a national provider of private health insurance, life insurance, travel insurance, and related healthcare services, with a growing presence in New Zealand. Approximately 55% of the population is covered by private health insurance because of taxation benefits, shorter wait times, a choice of doctor and hospital, and cover of ancillary health services.

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