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SBI Life Insurance Company Limited (BOM:540719) Gross-Profit-to-Asset % : 37.20% (As of Mar. 2024)


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What is SBI Life Insurance Company Limited 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. SBI Life Insurance Company Limited's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₹1,449,854 Mil. SBI Life Insurance Company Limited's average Total Assets over the quarter that ended in Mar. 2024 was ₹3,897,597 Mil. Therefore, SBI Life Insurance Company Limited's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 37.20%.


SBI Life Insurance Company Limited Gross-Profit-to-Asset % Historical Data

The historical data trend for SBI Life Insurance Company Limited'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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SBI Life Insurance Company Limited Gross-Profit-to-Asset % Chart

SBI Life Insurance Company Limited Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.01 41.85 33.15 27.42 37.03

SBI Life Insurance Company Limited Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 27.39 34.36 33.52 42.60 37.20

Competitive Comparison of SBI Life Insurance Company Limited's Gross-Profit-to-Asset %

For the Insurance - Life subindustry, SBI Life Insurance Company Limited'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.


SBI Life Insurance Company Limited's Gross-Profit-to-Asset % Distribution in the Insurance Industry

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

* The bar in red indicates where SBI Life Insurance Company Limited's Gross-Profit-to-Asset % falls into.



SBI Life Insurance Company Limited Gross-Profit-to-Asset % Calculation

SBI Life Insurance Company Limited's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=1319990.6/( (3146861.957+3982988.1)/ 2 )
=1319990.6/3564925.0285
=37.03 %

SBI Life Insurance Company Limited's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=1449854.4/( (3812205.1+3982988.1)/ 2 )
=1449854.4/3897596.6
=37.20 %

* 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 (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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SBI Life Insurance Company Limited (BOM:540719) Business Description

Traded in Other Exchanges
Address
M. V. Road and Western Express Highway Junction, Natraj, Andheri (East), Mumbai, MH, IND, 400069
SBI Life Insurance Company Limited is a life insurance company in India. The company offers insurance products for individuals and groups including Poorna Suraksha, Sampoorn Cancer Suraksha, eShield, CapAssure Gold, and others. The company has many products catering to various customer needs in the life, health, pension, and micro-insurance segments. The company operates through the following segments; Participating, Non-Participating, and Linked segment. The company derives the majority of its revenue from the Non-Participating segment.

SBI Life Insurance Company Limited (BOM:540719) Headlines

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