Clal Insurance Enterprises Holdings (XTAE:CLIS) Gross-Profit-to-Asset % : 18.36% (As of Mar. 2024)

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What is Clal Insurance Enterprises 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. Clal Insurance Enterprises Holdings's annualized Gross Profit for the quarter that ended in Mar. 2024 was ₪30,144 Mil. Clal Insurance Enterprises Holdings's average Total Assets over the quarter that ended in Mar. 2024 was ₪164,191 Mil. Therefore, Clal Insurance Enterprises Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 18.36%.

Clal Insurance Enterprises Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for Clal Insurance Enterprises 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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Clal Insurance Enterprises Holdings Gross-Profit-to-Asset % Chart

Clal Insurance Enterprises Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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17.53

12.09

18.56

5.04

13.92

Clal Insurance Enterprises Holdings 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															10.66	17.25	10.19	15.04	18.36

Competitive Comparison of Clal Insurance Enterprises Holdings's Gross-Profit-to-Asset %

For the Insurance - Diversified subindustry, Clal Insurance Enterprises 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.

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

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

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

Clal Insurance Enterprises Holdings Gross-Profit-to-Asset % Calculation

Clal Insurance Enterprises 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 )
	=	21448	/	( (144616	+	163617)	/ 2 )
	=	21448	/	154116.5
	=	13.92 %

Clal Insurance Enterprises Holdings'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 )
	=	30144	/	( (163617	+	164765)	/ 2 )
	=	30144	/	164191
	=	18.36 %

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.

Clal Insurance Enterprises Holdings Gross-Profit-to-Asset % Related Terms

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Clal Insurance Enterprises Holdings (XTAE:CLIS) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

36 Raul Wallenberg Road, Kiryat Atidim, Tower 8, Tel Aviv, ISR, 6136902

Website

https://www.clalbit.co.il

Clal Insurance Enterprises Holdings Ltd is an insurance company, part of IDB Group, a conglomerate from Israel. Its lines of business are: Nonlife insurance, Health insurance, Pensions, and provident funds for private and corporate clients. Clal insurance divisions are: nonlife insurance, long-term savings, and health. The nonlife insurance division offers automotive, property, personal accidents, guarantees, liability, and marine insurance, among others. The life insurance and long-term savings division manages long-term assets, such as life insurance, pensions, and funds. The health insurance division consists of health insurance products, such as local and overseas surgeries, transplants, medications, critical illness, long-term care, and accidents. The company's main market is Israel.