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Momentum Metropolitan Holdings (JSE:MTM) Gross-Profit-to-Asset % : 15.93% (As of Dec. 2023)


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What is Momentum Metropolitan 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. Momentum Metropolitan Holdings's annualized Gross Profit for the quarter that ended in Dec. 2023 was R103,422 Mil. Momentum Metropolitan Holdings's average Total Assets over the quarter that ended in Dec. 2023 was R649,064 Mil. Therefore, Momentum Metropolitan Holdings's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 15.93%.


Momentum Metropolitan Holdings Gross-Profit-to-Asset % Historical Data

The historical data trend for Momentum Metropolitan 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.

* Premium members only.

Momentum Metropolitan Holdings Gross-Profit-to-Asset % Chart

Momentum Metropolitan Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.95 9.96 20.36 12.36 20.52

Momentum Metropolitan Holdings 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 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 23.27 1.07 17.55 23.20 15.93

Competitive Comparison of Momentum Metropolitan Holdings's Gross-Profit-to-Asset %

For the Insurance - Diversified subindustry, Momentum Metropolitan 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.


Momentum Metropolitan Holdings's Gross-Profit-to-Asset % Distribution in the Insurance Industry

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

* The bar in red indicates where Momentum Metropolitan Holdings's Gross-Profit-to-Asset % falls into.



Momentum Metropolitan Holdings Gross-Profit-to-Asset % Calculation

Momentum Metropolitan Holdings's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=124222/( (573849+636799)/ 2 )
=124222/605324
=20.52 %

Momentum Metropolitan Holdings'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 )
=103422/( (636799+661328)/ 2 )
=103422/649063.5
=15.93 %

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


Momentum Metropolitan Holdings Gross-Profit-to-Asset % Related Terms

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Momentum Metropolitan Holdings (JSE:MTM) Business Description

Traded in Other Exchanges
Address
268 West Avenue, Centurion, GT, ZAF, 0157
Momentum Metropolitan Holdings Ltd is a financial services group. Its core businesses are long- and short-term insurance, asset management, investment, savings, healthcare administration, and employee benefits. Metropolitan and Momentum are the operating brands for offering product and service solutions to all market segments. The firm's operational segments are: Momentum Life, Momentum Investments, Metropolitan Life, Momentum Corporate, Momentum Metropolitan Health, Momentum Metropolitan Africa, Non-life Insurance, New Initiatives and Shareholders.

Momentum Metropolitan Holdings (JSE:MTM) Headlines

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