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Softlogic Life Insurance (COL:AAIC.N0000) Gross-Profit-to-Asset % : 65.02% (As of Mar. 2024)


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What is Softlogic Life Insurance 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. Softlogic Life Insurance's annualized Gross Profit for the quarter that ended in Mar. 2024 was රු33,523 Mil. Softlogic Life Insurance's average Total Assets over the quarter that ended in Mar. 2024 was රු51,556 Mil. Therefore, Softlogic Life Insurance's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 65.02%.


Softlogic Life Insurance Gross-Profit-to-Asset % Historical Data

The historical data trend for Softlogic Life Insurance'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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Softlogic Life Insurance Gross-Profit-to-Asset % Chart

Softlogic Life Insurance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.49 60.38 59.08 60.34 61.47

Softlogic Life Insurance 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 56.47 66.61 60.96 67.84 65.02

Competitive Comparison of Softlogic Life Insurance's Gross-Profit-to-Asset %

For the Insurance - Life subindustry, Softlogic Life Insurance'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.


Softlogic Life Insurance's Gross-Profit-to-Asset % Distribution in the Insurance Industry

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

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



Softlogic Life Insurance Gross-Profit-to-Asset % Calculation

Softlogic Life Insurance's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=30607.646/( (48248.343+51339.422)/ 2 )
=30607.646/49793.8825
=61.47 %

Softlogic Life Insurance'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 )
=33523.048/( (51339.422+51773.401)/ 2 )
=33523.048/51556.4115
=65.02 %

* 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.


Softlogic Life Insurance Gross-Profit-to-Asset % Related Terms

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Softlogic Life Insurance (COL:AAIC.N0000) Business Description

Traded in Other Exchanges
N/A
Address
One Galle Face Tower, Level 16, Colombo, LKA, 02
Softlogic Life Insurance PLC is engaged in the insurance business. The company has operations in the sectors of retail, healthcare, information and communications technology (ICT), automobiles, leisure, and financial services. Its operating segment includes Policyholder Fund and Shareholder Fund. The company generates maximum revenue from the Policyholder Fund segment.

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