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Wethaq Takaful Insurance Co KCSC (KUW:WETHAQ) Net Margin % : 112.50% (As of Dec. 2023)


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What is Wethaq Takaful Insurance Co KCSC Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Wethaq Takaful Insurance Co KCSC's Net Income for the three months ended in Dec. 2023 was KWD0.05 Mil. Wethaq Takaful Insurance Co KCSC's Revenue for the three months ended in Dec. 2023 was KWD0.04 Mil. Therefore, Wethaq Takaful Insurance Co KCSC's net margin for the quarter that ended in Dec. 2023 was 112.50%.

The historical rank and industry rank for Wethaq Takaful Insurance Co KCSC's Net Margin % or its related term are showing as below:

KUW:WETHAQ' s Net Margin % Range Over the Past 10 Years
Min: -3651.43   Med: 69.7   Max: 1740
Current: 78.46


KUW:WETHAQ's Net Margin % is ranked better than
97.73% of 485 companies
in the Insurance industry
Industry Median: 7.48 vs KUW:WETHAQ: 78.46

Wethaq Takaful Insurance Co KCSC Net Margin % Historical Data

The historical data trend for Wethaq Takaful Insurance Co KCSC's Net Margin % 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.

Wethaq Takaful Insurance Co KCSC Net Margin % Chart

Wethaq Takaful Insurance Co KCSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,740.00 -3,651.43 -13.18 92.22 75.21

Wethaq Takaful Insurance Co KCSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % 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 -41.94 240.00 88.57 63.33 112.50

Competitive Comparison of Wethaq Takaful Insurance Co KCSC's Net Margin %

For the Insurance - Diversified subindustry, Wethaq Takaful Insurance Co KCSC's Net Margin %, along with its competitors' market caps and Net Margin % 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.


Wethaq Takaful Insurance Co KCSC's Net Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Wethaq Takaful Insurance Co KCSC's Net Margin % distribution charts can be found below:

* The bar in red indicates where Wethaq Takaful Insurance Co KCSC's Net Margin % falls into.



Wethaq Takaful Insurance Co KCSC Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Wethaq Takaful Insurance Co KCSC's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=0.088/0.117
=75.21 %

Wethaq Takaful Insurance Co KCSC's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=0.045/0.04
=112.50 %

* 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.


Wethaq Takaful Insurance Co KCSC  (KUW:WETHAQ) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Wethaq Takaful Insurance Co KCSC Net Margin % Related Terms

Thank you for viewing the detailed overview of Wethaq Takaful Insurance Co KCSC's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Wethaq Takaful Insurance Co KCSC (KUW:WETHAQ) Business Description

Traded in Other Exchanges
N/A
Address
Khaled Bin Al Waleed Street, P.O. Box 371 City Tower, Sharq, 11 & 12 & Ground Floors, Safat, Kuwait City, KWT, 13004
Wethaq Takaful Insurance Co KCSC is engaged in the takaful, mutual, and retakaful insurance business. The company's core business activities are categorized into two key segments - Investment and Takaful Insurance. The majority of its revenue is derived from the Takaful Insurance segment. Its product portfolio comprises motors insurance, fire and property, construction and engineering, liabilities, health and life, financial, marine, and aviation insurance.

Wethaq Takaful Insurance Co KCSC (KUW:WETHAQ) Headlines

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