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Al Madina Takaful Co.OG (MUS:AMAT) Gross-Profit-to-Asset % : 14.84% (As of Dec. 2023)


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What is Al Madina Takaful Co.OG 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 Madina Takaful Co.OG's annualized Gross Profit for the quarter that ended in Dec. 2023 was ر.ع16.76 Mil. Al Madina Takaful Co.OG's average Total Assets over the quarter that ended in Dec. 2023 was ر.ع112.93 Mil. Therefore, Al Madina Takaful Co.OG's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 14.84%.


Al Madina Takaful Co.OG Gross-Profit-to-Asset % Historical Data

The historical data trend for Al Madina Takaful Co.OG'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 Madina Takaful Co.OG Gross-Profit-to-Asset % Chart

Al Madina Takaful Co.OG 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 19.12 16.42 14.61 13.78 13.89

Al Madina Takaful Co.OG 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 14.89 14.18 14.93 16.04 14.84

Competitive Comparison of Al Madina Takaful Co.OG's Gross-Profit-to-Asset %

For the Insurance - Diversified subindustry, Al Madina Takaful Co.OG'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 Madina Takaful Co.OG's Gross-Profit-to-Asset % Distribution in the Insurance Industry

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

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



Al Madina Takaful Co.OG Gross-Profit-to-Asset % Calculation

Al Madina Takaful Co.OG'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 )
=17.073/( (122.606+123.239)/ 2 )
=17.073/122.9225
=13.89 %

Al Madina Takaful Co.OG'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 )
=16.756/( (102.62+123.239)/ 2 )
=16.756/112.9295
=14.84 %

* 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 Madina Takaful Co.OG Gross-Profit-to-Asset % Related Terms

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Al Madina Takaful Co.OG (MUS:AMAT) Business Description

Traded in Other Exchanges
N/A
Address
Office no. 301/302, P.O. Box 80, 3rd Floor, Building 6, Muscat Grand Mall, Ghubra, Muscat, OMN, 136
Al Madina Takaful Co. SAOG is engaged in the business of takaful activities and investments by adopting the wakala and mudarabha model respectively, on behalf of the participants in accordance with the Islamic Sharia principles. The business operates in various segments that include the General Takaful segment; which includes insurance and reinsurance of motor, fire, general accident, marine cargo, and medical, and the Family Takaful segment; which includes insurance of an individual or group life. Fire, energy, medical, engineering, liability, and general accident segment and Motor, marine, and aviation. The General Takaful segment generates maximum revenue for the company. Geographically, the operations of the company are located inside the Sultanate of Oman.