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Kuwait Insurance Co (KUW:KINS) Gross-Profit-to-Asset % : 19.77% (As of Mar. 2024)


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What is Kuwait Insurance 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 Insurance Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was KWD46.44 Mil. Kuwait Insurance Co's average Total Assets over the quarter that ended in Mar. 2024 was KWD234.89 Mil. Therefore, Kuwait Insurance Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 19.77%.


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

The historical data trend for Kuwait Insurance 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.

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

Kuwait Insurance Co 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 15.02 14.05 16.06 31.98 15.23

Kuwait Insurance 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 14.01 14.44 3.91 19.69 19.77

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

For the Insurance - Diversified subindustry, Kuwait Insurance 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 Insurance Co's Gross-Profit-to-Asset % Distribution in the Insurance Industry

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

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



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

Kuwait Insurance 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 )
=33.393/( (212.078+226.49)/ 2 )
=33.393/219.284
=15.23 %

Kuwait Insurance 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 )
=46.444/( (226.49+243.289)/ 2 )
=46.444/234.8895
=19.77 %

* 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.


Kuwait Insurance Co Gross-Profit-to-Asset % Related Terms

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Kuwait Insurance Co (KUW:KINS) Business Description

Traded in Other Exchanges
N/A
Address
Abdullah Al Salem Street, P.O. Box 769, Kuwait Insurance House, Safat, Kuwait City, KWT, 13008
Kuwait Insurance Co underwrites life and non-life insurance risks such as fire, general accidents, marine and aviation and others, lends funds against life insurance policies and invests in permitted securities and real estate properties. It provides many Marine Insurance Services required for individuals and groups, to compensate for loss of and/or damage to the insured goods during transportation from one place to another.