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Al Mashriq Insurance Co (XPAE:MIC) Gross-Profit-to-Asset % : 68.00% (As of Dec. 2023)


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What is Al Mashriq 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. Al Mashriq Insurance Co's annualized Gross Profit for the quarter that ended in Dec. 2023 was $35.75 Mil. Al Mashriq Insurance Co's average Total Assets over the quarter that ended in Dec. 2023 was $52.58 Mil. Therefore, Al Mashriq Insurance Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 68.00%.


Al Mashriq Insurance Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Al Mashriq 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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Al Mashriq Insurance Co Gross-Profit-to-Asset % Chart

Al Mashriq 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 - 45.92 61.33 93.31 79.95

Al Mashriq Insurance Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 73.94 81.89 79.79 92.45 68.00

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

For the Insurance - Diversified subindustry, Al Mashriq 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.


Al Mashriq Insurance Co's Gross-Profit-to-Asset % Distribution in the Insurance Industry

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

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



Al Mashriq Insurance Co Gross-Profit-to-Asset % Calculation

Al Mashriq 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 )
=42.276/( (51.527+54.234)/ 2 )
=42.276/52.8805
=79.95 %

Al Mashriq Insurance Co'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: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=35.752/( (50.924+54.234)/ 2 )
=35.752/52.579
=68.00 %

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


Al Mashriq Insurance Co Gross-Profit-to-Asset % Related Terms

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Al Mashriq Insurance Co (XPAE:MIC) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 1600, Ramallah, PSE
Al Mashriq Insurance Co is engaged in the provision of insurance, re-insurance related services. Its products are Engineering Insurance, General Accident Insurance, Personal Insurance, Marine Insurance, Fire Insurance, Vehicle Insurance, Propety Insurance, Civil Liability Insurance and Travel Insurance.

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