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Kuwait Hotels Co (KUW:KHOT) Gross-Profit-to-Asset % : 26.19% (As of Mar. 2024)


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What is Kuwait Hotels Co 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. Kuwait Hotels Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was KWD2.19 Mil. Kuwait Hotels Co's average Total Assets over the quarter that ended in Mar. 2024 was KWD8.37 Mil. Therefore, Kuwait Hotels Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 26.19%.


Kuwait Hotels Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Kuwait Hotels Co'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.

Kuwait Hotels Co Gross-Profit-to-Asset % Chart

Kuwait Hotels Co Annual Data
Trend Dec13 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 19.15 15.06 22.89 22.18 21.76

Kuwait Hotels Co 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 28.74 25.43 26.03 10.45 26.19

Competitive Comparison of Kuwait Hotels Co's Gross-Profit-to-Asset %

For the Lodging subindustry, Kuwait Hotels Co'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.


Kuwait Hotels Co's Gross-Profit-to-Asset % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kuwait Hotels Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Kuwait Hotels Co's Gross-Profit-to-Asset % falls into.



Kuwait Hotels Co Gross-Profit-to-Asset % Calculation

Kuwait Hotels Co'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 )
=1.664/( (6.933+8.361)/ 2 )
=1.664/7.647
=21.76 %

Kuwait Hotels Co'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 )
=2.192/( (8.361+8.378)/ 2 )
=2.192/8.3695
=26.19 %

* 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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Kuwait Hotels Co (KUW:KHOT) Business Description

Traded in Other Exchanges
N/A
Address
Safat, P. O. Box 833, Kuwait City, KWT, 13009
Kuwait Hotels Co along with its subsidiaries is engaged in owning, operating and managing the hotel, commercial and residential properties. It also provides catering services, importing of durables, machinery and equipment, and investment activities. The company has three operating segments: Hotel management; Catering and manpower supply services and Information technology services.

Kuwait Hotels Co (KUW:KHOT) Headlines

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