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Watania International Holding PJSC (DFM:WATANIA) Gross-Profit-to-Asset % : 44.04% (As of Mar. 2024)


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What is Watania International Holding PJSC 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. Watania International Holding PJSC's annualized Gross Profit for the quarter that ended in Mar. 2024 was د.إ549.2 Mil. Watania International Holding PJSC's average Total Assets over the quarter that ended in Mar. 2024 was د.إ1,247.0 Mil. Therefore, Watania International Holding PJSC's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 44.04%.


Watania International Holding PJSC Gross-Profit-to-Asset % Historical Data

The historical data trend for Watania International Holding PJSC'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.

* Premium members only.

Watania International Holding PJSC Gross-Profit-to-Asset % Chart

Watania International Holding PJSC 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 37.39 41.94 40.20 45.50 57.21

Watania International Holding PJSC 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 53.78 52.55 42.35 73.72 44.04

Competitive Comparison of Watania International Holding PJSC's Gross-Profit-to-Asset %

For the Insurance - Diversified subindustry, Watania International Holding PJSC'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.


Watania International Holding PJSC's Gross-Profit-to-Asset % Distribution in the Insurance Industry

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

* The bar in red indicates where Watania International Holding PJSC's Gross-Profit-to-Asset % falls into.



Watania International Holding PJSC Gross-Profit-to-Asset % Calculation

Watania International Holding PJSC'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 )
=713.812/( (1284.427+1211.141)/ 2 )
=713.812/1247.784
=57.21 %

Watania International Holding PJSC'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 )
=549.22/( (1211.141+1282.889)/ 2 )
=549.22/1247.015
=44.04 %

* 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.


Watania International Holding PJSC Gross-Profit-to-Asset % Related Terms

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Watania International Holding PJSC (DFM:WATANIA) Business Description

Traded in Other Exchanges
N/A
Address
15th Floor, O-14 Tower, Marasi Drive, Business Bay, P.O. Box 235353, Dubai, ARE
Watania International Holding PJSC Formerly Dar Al Takaful PJSC is an Islamic Insurance company providing insurance services. The group mainly issues long-term and short-term takaful contracts in connection with life and non-life takaful such as motor, marine, fire, engineering, medical, and general accident risks. The company offers a broad range of takaful general and customized Islamic insurance products and services to individuals, families, and companies in the UAE. Its main business segments include general, family life, and medical insurance. The group also invests its funds in investment securities.

Watania International Holding PJSC (DFM:WATANIA) Headlines

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