Conduit Holdings (LSE:CRE) Gross-Profit-to-Asset % : 62.21% (As of Dec. 2023)

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What is Conduit Holdings 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. Conduit Holdings's annualized Gross Profit for the quarter that ended in Dec. 2023 was £693.1 Mil. Conduit Holdings's average Total Assets over the quarter that ended in Dec. 2023 was £1,114.1 Mil. Therefore, Conduit Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 62.21%.

Conduit Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for Conduit Holdings'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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Conduit Holdings Gross-Profit-to-Asset % Chart

Conduit Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

0.02

17.56

30.35

51.12

Conduit Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial			24.33	15.75	35.61	41.29	62.21

Competitive Comparison of Conduit Holdings's Gross-Profit-to-Asset %

For the Insurance - Reinsurance subindustry, Conduit Holdings'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.

Conduit Holdings's Gross-Profit-to-Asset % Distribution in the Insurance Industry

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

* The bar in red indicates where Conduit Holdings's Gross-Profit-to-Asset % falls into.

Conduit Holdings Gross-Profit-to-Asset % Calculation

Conduit Holdings'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 )
	=	556.95	/	( (997.187	+	1181.998)	/ 2 )
	=	556.95	/	1089.5925
	=	51.12 %

Conduit Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	693.146	/	( (1046.232	+	1181.998)	/ 2 )
	=	693.146	/	1114.115
	=	62.21 %

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 two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Conduit Holdings Gross-Profit-to-Asset % Related Terms

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Conduit Holdings (LSE:CRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Conduit Holdings Ltd (LSE:CRE) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

CNDHF:USA CREl:UK CHO:Germany

Address

94 Pitts Bay Road, Ideation House, Pembroke, BMU, HM08

Website

https://www.conduitreinsurance.com

Conduit Holdings Ltd operates in the insurance industry. The company is engaged in the business of property and casualty reinsurance underwriting. The underwriting business is comprised of three principal divisions: property, casualty, and specialty. The majority is from the property division. Geographically, the majority is from the United States.

Conduit Holdings (LSE:CRE) Headlines

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