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Fidelity Life Assurance of Zimbabwe (XZIM:FIDL.ZW) Gross-Profit-to-Asset % : -6.34% (As of Jun. 2023)


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What is Fidelity Life Assurance of Zimbabwe 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. Fidelity Life Assurance of Zimbabwe's annualized Gross Profit for the quarter that ended in Jun. 2023 was ZWL-16,703.26 Mil. Fidelity Life Assurance of Zimbabwe's average Total Assets over the quarter that ended in Jun. 2023 was ZWL263,270.53 Mil. Therefore, Fidelity Life Assurance of Zimbabwe's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2023 was -6.34%.


Fidelity Life Assurance of Zimbabwe Gross-Profit-to-Asset % Historical Data

The historical data trend for Fidelity Life Assurance of Zimbabwe'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.

Fidelity Life Assurance of Zimbabwe Gross-Profit-to-Asset % Chart

Fidelity Life Assurance of Zimbabwe Annual Data
Trend Dec11 Dec12 Dec18 Dec19 Dec20 Dec21 Dec22
Gross-Profit-to-Asset %
Get a 7-Day Free Trial 2.91 30.19 20.72 51.25 37.37

Fidelity Life Assurance of Zimbabwe Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 66.90 82.55 224.66 -96.28 -6.34

Competitive Comparison of Fidelity Life Assurance of Zimbabwe's Gross-Profit-to-Asset %

For the Insurance - Life subindustry, Fidelity Life Assurance of Zimbabwe'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.


Fidelity Life Assurance of Zimbabwe's Gross-Profit-to-Asset % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Fidelity Life Assurance of Zimbabwe's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Fidelity Life Assurance of Zimbabwe's Gross-Profit-to-Asset % falls into.



Fidelity Life Assurance of Zimbabwe Gross-Profit-to-Asset % Calculation

Fidelity Life Assurance of Zimbabwe's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=16893.938/( (34006.439+56407.69)/ 2 )
=16893.938/45207.0645
=37.37 %

Fidelity Life Assurance of Zimbabwe's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=-16703.256/( (56407.69+470133.376)/ 2 )
=-16703.256/263270.533
=-6.34 %

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


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Fidelity Life Assurance of Zimbabwe (XZIM:FIDL.ZW) Business Description

Traded in Other Exchanges
N/A
Address
66 Julius Nyerere Way, Fidelity House, Harare, ZWE
Fidelity Life Assurance of Zimbabwe Ltd is involved in the insurance business. The company's operating segment includes Insurance, Property Investment, Microlending, and Others. The Insurance segment of the company is involved in life assurance and pensions and the Microlending segment is involved in consumer loans, business loans, and loans to farmers. The company generates maximum revenue from the Insurance segment. Geographically, the company derives a majority of its revenue from Zimbabwe and also has a presence in Malawi.

Fidelity Life Assurance of Zimbabwe (XZIM:FIDL.ZW) Headlines

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