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Sokouk Holding Co K C (KUW:SOKOUK) Gross-Profit-to-Asset % : 4.05% (As of Mar. 2024)


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What is Sokouk Holding Co K C 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. Sokouk Holding Co K C's annualized Gross Profit for the quarter that ended in Mar. 2024 was KWD2.30 Mil. Sokouk Holding Co K C's average Total Assets over the quarter that ended in Mar. 2024 was KWD56.72 Mil. Therefore, Sokouk Holding Co K C's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 4.05%.


Sokouk Holding Co K C Gross-Profit-to-Asset % Historical Data

The historical data trend for Sokouk Holding Co K C'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.

Sokouk Holding Co K C Gross-Profit-to-Asset % Chart

Sokouk Holding Co K C 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 3.31 1.35 1.63 3.33 4.48

Sokouk Holding Co K C 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 4.31 5.49 4.31 3.76 4.05

Competitive Comparison of Sokouk Holding Co K C's Gross-Profit-to-Asset %

For the Lodging subindustry, Sokouk Holding Co K C'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.


Sokouk Holding Co K C's Gross-Profit-to-Asset % Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Sokouk Holding Co K C's Gross-Profit-to-Asset % falls into.



Sokouk Holding Co K C Gross-Profit-to-Asset % Calculation

Sokouk Holding Co K C'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 )
=2.393/( (50.785+55.953)/ 2 )
=2.393/53.369
=4.48 %

Sokouk Holding Co K C'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 )
=2.296/( (55.953+57.485)/ 2 )
=2.296/56.719
=4.05 %

* 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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Sokouk Holding Co K C (KUW:SOKOUK) Business Description

Traded in Other Exchanges
N/A
Address
Mubarak Al-Kabeer Street, 3rd Floor, ITS Tower, Building No (33), P.O. Box 29110, Sharq, Kuwait, KWT, 13152
Sokouk Holding Co SA K C is a Kuwait based company engaged in real estate business activities. The objectives of the company are to develop investment tools that cope with Islamic investment and to develop financial tools. It operates into three segments namely Hotel Operations, Real Estate, and Investment. Hotel operations segment consist of the hospitality services provided through the Millennium hotel and convention centre, Kuwait. The company derives maximum revenue from Hotel Operations segment.

Sokouk Holding Co K C (KUW:SOKOUK) Headlines

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