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Al-Etihad Cooperative Insurance Co (SAU:8170) Gross-Profit-to-Asset % : 82.17% (As of Mar. 2024)


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What is Al-Etihad Cooperative Insurance Co 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-Etihad Cooperative Insurance Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was ﷼1,497 Mil. Al-Etihad Cooperative Insurance Co's average Total Assets over the quarter that ended in Mar. 2024 was ﷼1,822 Mil. Therefore, Al-Etihad Cooperative Insurance Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 82.17%.


Al-Etihad Cooperative Insurance Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Al-Etihad Cooperative Insurance Co'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-Etihad Cooperative Insurance Co Gross-Profit-to-Asset % Chart

Al-Etihad Cooperative Insurance Co 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 56.10 46.92 55.23 70.04 69.68

Al-Etihad Cooperative Insurance Co 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 70.58 72.11 74.09 74.01 82.17

Competitive Comparison of Al-Etihad Cooperative Insurance Co's Gross-Profit-to-Asset %

For the Insurance - Diversified subindustry, Al-Etihad Cooperative Insurance Co'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-Etihad Cooperative Insurance Co's Gross-Profit-to-Asset % Distribution in the Insurance Industry

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

* The bar in red indicates where Al-Etihad Cooperative Insurance Co's Gross-Profit-to-Asset % falls into.



Al-Etihad Cooperative Insurance Co Gross-Profit-to-Asset % Calculation

Al-Etihad Cooperative Insurance Co'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 )
=1179.37/( (1515.459+1869.813)/ 2 )
=1179.37/1692.636
=69.68 %

Al-Etihad Cooperative Insurance Co'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 )
=1497.492/( (1869.813+1774.87)/ 2 )
=1497.492/1822.3415
=82.17 %

* 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.


Al-Etihad Cooperative Insurance Co Gross-Profit-to-Asset % Related Terms

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Al-Etihad Cooperative Insurance Co (SAU:8170) Business Description

Traded in Other Exchanges
N/A
Address
8514 King Fahad bin Abdulaziz Road, P. O. Box 1022, Al Abdulkarim Tower, Unit No 15, Al-Qashlah District, Dhahran, SAU, 34232-4233
Al-Etihad Cooperative Insurance Co provides insurance and reinsurance services in Saudi Arabia. It offers services through the segments of Medical insurance, Property insurance, Engineering, Motor insurance, General accident, and others. The company principally operates in Saudi Arabia and derives key revenue from the Motor insurance segment.

Al-Etihad Cooperative Insurance Co (SAU:8170) Headlines

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