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Opal Balance Investments (XTAE:OPAL) Net Margin % : 30.87% (As of Mar. 2024)


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What is Opal Balance Investments Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Opal Balance Investments's Net Income for the three months ended in Mar. 2024 was ₪6.01 Mil. Opal Balance Investments's Revenue for the three months ended in Mar. 2024 was ₪19.48 Mil. Therefore, Opal Balance Investments's net margin for the quarter that ended in Mar. 2024 was 30.87%.

The historical rank and industry rank for Opal Balance Investments's Net Margin % or its related term are showing as below:

XTAE:OPAL' s Net Margin % Range Over the Past 10 Years
Min: 28.56   Med: 33.38   Max: 40.12
Current: 29.41


XTAE:OPAL's Net Margin % is ranked better than
68.68% of 779 companies
in the Capital Markets industry
Industry Median: 13.67 vs XTAE:OPAL: 29.41

Opal Balance Investments Net Margin % Historical Data

The historical data trend for Opal Balance Investments'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.

Opal Balance Investments Net Margin % Chart

Opal Balance Investments 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 40.08 35.82 40.12 32.19 28.56

Opal Balance Investments Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 27.35 28.18 27.49 31.88 30.87

Competitive Comparison of Opal Balance Investments's Net Margin %

For the Capital Markets subindustry, Opal Balance Investments'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.


Opal Balance Investments's Net Margin % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Opal Balance Investments's Net Margin % distribution charts can be found below:

* The bar in red indicates where Opal Balance Investments's Net Margin % falls into.



Opal Balance Investments 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.

Opal Balance Investments'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 )
=26.377/92.349
=28.56 %

Opal Balance Investments's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=6.013/19.481
=30.87 %

* 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.


Opal Balance Investments  (XTAE:OPAL) 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.


Opal Balance Investments Net Margin % Related Terms

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Opal Balance Investments (XTAE:OPAL) Business Description

Traded in Other Exchanges
N/A
Address
47 Jabotinsky St., Ashdod, ISR, 65180
Opal Balance Investments Ltd offers various financing and cash solutions.