GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ABSA Bank Kenya PLC (NAI:ABSA) » Definitions » Gross-Profit-to-Asset %

ABSA Bank Kenya (NAI:ABSA) Gross-Profit-to-Asset % : 12.95% (As of Mar. 2024)


View and export this data going back to . Start your Free Trial

What is ABSA Bank Kenya 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. ABSA Bank Kenya's annualized Gross Profit for the quarter that ended in Mar. 2024 was KES65,858 Mil. ABSA Bank Kenya's average Total Assets over the quarter that ended in Mar. 2024 was KES508,736 Mil. Therefore, ABSA Bank Kenya's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 12.95%.


ABSA Bank Kenya Gross-Profit-to-Asset % Historical Data

The historical data trend for ABSA Bank Kenya'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.

ABSA Bank Kenya Gross-Profit-to-Asset % Chart

ABSA Bank Kenya 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 9.61 9.04 8.99 10.01 10.78

ABSA Bank Kenya 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 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 11.18 10.61 - 10.61 12.95

Competitive Comparison of ABSA Bank Kenya's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, ABSA Bank Kenya'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.


ABSA Bank Kenya's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, ABSA Bank Kenya's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where ABSA Bank Kenya's Gross-Profit-to-Asset % falls into.



ABSA Bank Kenya Gross-Profit-to-Asset % Calculation

ABSA Bank Kenya'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 )
=53746/( (477234+519795)/ 2 )
=53746/498514.5
=10.78 %

ABSA Bank Kenya'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 )
=65857.592/( (519795+497676.008)/ 2 )
=65857.592/508735.504
=12.95 %

* 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 (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


ABSA Bank Kenya Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of ABSA Bank Kenya's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


ABSA Bank Kenya (NAI:ABSA) Business Description

Traded in Other Exchanges
N/A
Address
Waiyaki Way, P.O. Box 30120, Nairobi, KEN, 00100
ABSA Bank Kenya PLC is a diversified financial services company offering clients a range of retail, business, corporate and investment, and wealth management solutions. The company's operating segment includes Consumer banking and Corporate banking. It generates maximum revenue from the Consumer Banking segment. The Consumer Banking segment incorporates private customer current accounts, savings, deposits, credit and debit cards, consumer loans, and mortgages. Its Corporate Banking segment includes the business model that centers on delivering specialist investment banking, financing, risk management, and advisory solutions across asset classes to corporates, financial institutions, and government clients.

ABSA Bank Kenya (NAI:ABSA) Headlines

No Headlines