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Ascendant Resources (Ascendant Resources) Gross-Profit-to-Asset % : -0.49% (As of Mar. 2024)


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What is Ascendant Resources 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. Ascendant Resources's annualized Gross Profit for the quarter that ended in Mar. 2024 was $-0.09 Mil. Ascendant Resources's average Total Assets over the quarter that ended in Mar. 2024 was $17.80 Mil. Therefore, Ascendant Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was -0.49%.


Ascendant Resources Gross-Profit-to-Asset % Historical Data

The historical data trend for Ascendant Resources'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.

Ascendant Resources Gross-Profit-to-Asset % Chart

Ascendant Resources Annual Data
Trend Jul14 Jul15 Jul16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.16 -0.26 -1.71 -0.96 -0.54

Ascendant Resources 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 -0.61 -0.11 -0.74 -0.43 -0.49

Competitive Comparison of Ascendant Resources's Gross-Profit-to-Asset %

For the Other Industrial Metals & Mining subindustry, Ascendant Resources'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.


Ascendant Resources's Gross-Profit-to-Asset % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ascendant Resources's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Ascendant Resources's Gross-Profit-to-Asset % falls into.



Ascendant Resources Gross-Profit-to-Asset % Calculation

Ascendant Resources'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 )
=-0.088/( (13.781+18.54)/ 2 )
=-0.088/16.1605
=-0.54 %

Ascendant Resources'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 )
=-0.088/( (18.54+17.068)/ 2 )
=-0.088/17.804
=-0.49 %

* 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.


Ascendant Resources Gross-Profit-to-Asset % Related Terms

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Ascendant Resources (Ascendant Resources) Business Description

Traded in Other Exchanges
Address
200 Bay Street, Suite 3205, Toronto, ON, CAN, M5J 2J2
Ascendant Resources Inc is a mining company. The company is engaged in evaluating resource opportunities. It is focused on its own producing El Mochito zinc, silver and lead mine. The El Mochito mine is located in northwestern Honduras. The underground operation takes advantage of selective and bulk underground mining methods to mine multiple flat-lying manto deposits and high-grade vertical chimneys, producing zinc and lead concentrates with silver credits. It also holds an interest in Lagoa Salgada Project.