Helia Group (ASX:HLI) Gross-Profit-to-Asset % : 18.08% (As of Dec. 2023)

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What is Helia Group 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. Helia Group's annualized Gross Profit for the quarter that ended in Dec. 2023 was A$579.3 Mil. Helia Group's average Total Assets over the quarter that ended in Dec. 2023 was A$3,204.0 Mil. Therefore, Helia Group's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 18.08%.

Helia Group Gross-Profit-to-Asset % Historical Data

The historical data trend for Helia Group'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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Helia Group Gross-Profit-to-Asset % Chart

Helia Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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12.53

11.39

10.51

11.61

17.14

Helia Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															11.55	4.08	19.83	17.05	18.08

Competitive Comparison of Helia Group's Gross-Profit-to-Asset %

For the Insurance - Specialty subindustry, Helia Group'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.

Helia Group's Gross-Profit-to-Asset % Distribution in the Insurance Industry

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

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

Helia Group Gross-Profit-to-Asset % Calculation

Helia Group'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 )
	=	576.338	/	( (3521.083	+	3203.211)	/ 2 )
	=	576.338	/	3362.147
	=	17.14 %

Helia Group'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 )
	=	579.3	/	( (3204.778	+	3203.211)	/ 2 )
	=	579.3	/	3203.9945
	=	18.08 %

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.

Helia Group Gross-Profit-to-Asset % Related Terms

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Helia Group (ASX:HLI) Business Description

Industry

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0GI0:Germany

Address

101 Miller Street, Level 26, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.helia.com.au

Helia listed on the Australian Securities Exchange in 2014 after its U.S.-based parent, Genworth Financial (NYSE: GNW), sold down its stake. It has since exited. With a history spanning over 50 years, Helia is a provider of lenders' mortgage insurance, or LMI, in Australia. In Australia, LMI is predominantly purchased on loans with a loan/value ratio, or LVR, above 80%. LMI protects a lender against a potential loss (gap) between the outstanding loan amount and sale proceeds on a delinquent loan property. LMI does not protect the borrower, however the premium is paid by the borrower. It's regulated by the Australian Prudential Regulation Authority, or APRA, which requires it to meet minimum regulatory capital requirements.