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Methaq Takaful Insurance Co PSC (ADX:METHAQ) Gross-Profit-to-Asset % : 30.03% (As of Dec. 2020)


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What is Methaq Takaful Insurance Co PSC 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. Methaq Takaful Insurance Co PSC's annualized Gross Profit for the quarter that ended in Dec. 2020 was د.إ209.2 Mil. Methaq Takaful Insurance Co PSC's average Total Assets over the quarter that ended in Dec. 2020 was د.إ696.6 Mil. Therefore, Methaq Takaful Insurance Co PSC's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2020 was 30.03%.


Methaq Takaful Insurance Co PSC Gross-Profit-to-Asset % Historical Data

The historical data trend for Methaq Takaful Insurance Co PSC'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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Methaq Takaful Insurance Co PSC Gross-Profit-to-Asset % Chart

Methaq Takaful Insurance Co PSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.55 59.15 54.66 27.02 23.78

Methaq Takaful Insurance Co PSC Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 15.78 24.55 22.09 20.51 30.03

Competitive Comparison of Methaq Takaful Insurance Co PSC's Gross-Profit-to-Asset %

For the Insurance - Diversified subindustry, Methaq Takaful Insurance Co PSC'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.


Methaq Takaful Insurance Co PSC's Gross-Profit-to-Asset % Distribution in the Insurance Industry

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

* The bar in red indicates where Methaq Takaful Insurance Co PSC's Gross-Profit-to-Asset % falls into.



Methaq Takaful Insurance Co PSC Gross-Profit-to-Asset % Calculation

Methaq Takaful Insurance Co PSC's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2020 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=166.018/( (685.345+711.115)/ 2 )
=166.018/698.23
=23.78 %

Methaq Takaful Insurance Co PSC's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2020 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2020 )/( (Total Assets (Q: Sep. 2020 )+Total Assets (Q: Dec. 2020 ))/ count )
=209.184/( (682.129+711.115)/ 2 )
=209.184/696.622
=30.03 %

* 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 four times the quarterly (Dec. 2020) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Methaq Takaful Insurance Co PSC Gross-Profit-to-Asset % Related Terms

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Methaq Takaful Insurance Co PSC (ADX:METHAQ) Business Description

Traded in Other Exchanges
N/A
Address
Delma 13th Street, Behind Judicial Court, P.O. Box 32774, Building Number: C54, Opposite Al Fara'a Co Tower, Abu Dhabi, ARE
Methaq Takaful Insurance Co PSC offers a range of insurance and reinsurance products and services to individuals and corporates. The objective of the company is to offer Individuals and Corporations a complete range of high quality, flexible, integrated, Shariah-compliant insurance products & services, in association with selected Distribution Partners. Its product line includes accident, travel, marine and air transport insurance and reinsurance products, among others.

Methaq Takaful Insurance Co PSC (ADX:METHAQ) Headlines

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