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Middle East Healthcare Co (SAU:4009) Gross-Profit-to-Asset % : 20.48% (As of Mar. 2024)


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What is Middle East Healthcare 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. Middle East Healthcare Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ﷼1,039 Mil. Middle East Healthcare Co's average Total Assets over the quarter that ended in Mar. 2024 was ﷼5,076 Mil. Therefore, Middle East Healthcare Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 20.48%.


Middle East Healthcare Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Middle East Healthcare 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.

Middle East Healthcare Co Gross-Profit-to-Asset % Chart

Middle East Healthcare Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only 16.61 17.62 16.06 16.05 20.98

Middle East Healthcare 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 19.59 19.18 21.71 23.15 20.48

Competitive Comparison of Middle East Healthcare Co's Gross-Profit-to-Asset %

For the Medical Care Facilities subindustry, Middle East Healthcare 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.


Middle East Healthcare Co's Gross-Profit-to-Asset % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Middle East Healthcare Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Middle East Healthcare Co's Gross-Profit-to-Asset % falls into.



Middle East Healthcare Co Gross-Profit-to-Asset % Calculation

Middle East Healthcare 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 )
=1014.41/( (4499.031+5173.15)/ 2 )
=1014.41/4836.0905
=20.98 %

Middle East Healthcare 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 )
=1039.428/( (5173.15+4979.766)/ 2 )
=1039.428/5076.458
=20.48 %

* 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.


Middle East Healthcare Co Gross-Profit-to-Asset % Related Terms

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Middle East Healthcare Co (SAU:4009) Business Description

Traded in Other Exchanges
N/A
Address
4, Batterjee Road, P.O.Box 2550, Al-Zahra District, Jeddah, SAU, 21461
Middle East Healthcare Co is a Saudi Arabia-based company engaged in the business of managing, operating and maintaining hospitals, medical centers, educational centers, rehabilitation centers, physiotherapy, laboratories and radiology centers, pharmacies, construction and to buy land for the purpose of constructing medical projects and to establish, manage and organize exhibitions for the company.

Middle East Healthcare Co (SAU:4009) Headlines

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