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Mutual Benefits Assurance (NSA:MBAS) Pre-Tax Income : ₦1,595 Mil (TTM As of Sep. 2023)


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What is Mutual Benefits Assurance Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Mutual Benefits Assurance's pretax income for the three months ended in Sep. 2023 was ₦1,870 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2023 was ₦1,595 Mil. Mutual Benefits Assurance's pretax margin was 13.95%.

During the past 8 years, Mutual Benefits Assurance's highest Pretax Margin was 21.00%. The lowest was -27.15%. And the median was 9.98%.


Mutual Benefits Assurance Pre-Tax Income Historical Data

The historical data trend for Mutual Benefits Assurance's Pre-Tax Income 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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Mutual Benefits Assurance Pre-Tax Income Chart

Mutual Benefits Assurance Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Pre-Tax Income
Get a 7-Day Free Trial 1,380.98 3,754.05 5,042.03 -5,590.07 3,821.47

Mutual Benefits Assurance Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23
Pre-Tax Income 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 2,060.06 162.05 -275.57 - 1,870.37

Competitive Comparison of Mutual Benefits Assurance's Pre-Tax Income

For the Insurance - Diversified subindustry, Mutual Benefits Assurance's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


Mutual Benefits Assurance's Pre-Tax Income Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Mutual Benefits Assurance's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Mutual Benefits Assurance's Pre-Tax Income falls into.



Mutual Benefits Assurance Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Mutual Benefits Assurance's Pretax Income for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Income=Operating Income+Other
=0+3821.47
=3,821

Mutual Benefits Assurance's Pretax Income for the quarter that ended in Sep. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+1870.373
=1,870

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦1,595 Mil.

* 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.


Mutual Benefits Assurance  (NSA:MBAS) Pre-Tax Income Explanation

Mutual Benefits Assurance's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=1870.373/13403.326
=13.95%

During the past 8 years, Mutual Benefits Assurance's highest Pretax Margin was 21.00%. The lowest was -27.15%. And the median was 9.98%.

* 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.


Mutual Benefits Assurance Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Mutual Benefits Assurance's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Mutual Benefits Assurance (NSA:MBAS) Business Description

Traded in Other Exchanges
N/A
Address
233 Ikorodu Road, Aret Adams House, Ilupeju, Lagos, NGA
Mutual Benefits Assurance PLC provides a range of insurance products and services in the areas of life assurance and general insurance. Its segment includes the Assurance business; Real estate and Microfinance. The company's offerings include group Auto Insurance, Health Insurance, Pure Investment Products, Anticipated Endowment, Mutual Annuity Products, and Investment Linked Schemes, among others.

Mutual Benefits Assurance (NSA:MBAS) Headlines

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