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Coast Investment & Development Co (KUW:COAST) Pretax Margin % : -96.48% (As of Mar. 2024)


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What is Coast Investment & Development Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Coast Investment & Development Co's Pre-Tax Income for the three months ended in Mar. 2024 was KWD-0.22 Mil. Coast Investment & Development Co's Revenue for the three months ended in Mar. 2024 was KWD0.23 Mil. Therefore, Coast Investment & Development Co's pretax margin for the quarter that ended in Mar. 2024 was -96.48%.

The historical rank and industry rank for Coast Investment & Development Co's Pretax Margin % or its related term are showing as below:

KUW:COAST' s Pretax Margin % Range Over the Past 10 Years
Min: -955.11   Med: 135.17   Max: 547.1
Current: 397.86


KUW:COAST's Pretax Margin % is ranked better than
96.7% of 1666 companies
in the Asset Management industry
Industry Median: 90.905 vs KUW:COAST: 397.86

Coast Investment & Development Co Pretax Margin % Historical Data

The historical data trend for Coast Investment & Development Co's Pretax 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.

Coast Investment & Development Co Pretax Margin % Chart

Coast Investment & Development Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.19 -955.11 449.62 101.51 384.01

Coast Investment & Development Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax 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 -300.00 -235.93 142.59 3,897.56 -96.48

Competitive Comparison of Coast Investment & Development Co's Pretax Margin %

For the Asset Management subindustry, Coast Investment & Development Co's Pretax Margin %, along with its competitors' market caps and Pretax 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.


Coast Investment & Development Co's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Coast Investment & Development Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Coast Investment & Development Co's Pretax Margin % falls into.



Coast Investment & Development Co Pretax Margin % Calculation

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

Coast Investment & Development Co's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=2.665/0.694
=384.01 %

Coast Investment & Development Co's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-0.219/0.227
=-96.48 %

* 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.


Coast Investment & Development Co  (KUW:COAST) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Coast Investment & Development Co Pretax Margin % Related Terms

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Coast Investment & Development Co (KUW:COAST) Business Description

Traded in Other Exchanges
N/A
Address
Al Sharq Area, Shuhada Street, P.O. Box 26755, Coast Building, Al Asima Governate, Kuwait, KWT, 13128
Coast Investment & Development Co is a financial institution. The coast is engaged in a variety of investment management activities such as private equity, asset management, and real estate investments both locally and internationally. It also offers a wide array of investment services including portfolio and fund management, advisory services, corporate finance, and online equity trading services. The company's geographical segment includes Kuwait and GCC; Europe and the USA. It derives the majority of its revenue from Kuwait and GCC.

Coast Investment & Development Co (KUW:COAST) Headlines

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