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Strandline Resources (ASX:STA) Gross-Profit-to-Asset % : -17.12% (As of Dec. 2023)


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What is Strandline 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. Strandline Resources's annualized Gross Profit for the quarter that ended in Dec. 2023 was A$-68.70 Mil. Strandline Resources's average Total Assets over the quarter that ended in Dec. 2023 was A$401.25 Mil. Therefore, Strandline Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was -17.12%.


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

The historical data trend for Strandline 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.

Strandline Resources Gross-Profit-to-Asset % Chart

Strandline Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.29

Strandline Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - - - 2.47 -17.12

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

For the Other Industrial Metals & Mining subindustry, Strandline 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.


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

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

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



Strandline Resources Gross-Profit-to-Asset % Calculation

Strandline Resources's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=5.296/( (378.84+443.077)/ 2 )
=5.296/410.9585
=1.29 %

Strandline Resources'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: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-68.702/( (443.077+359.428)/ 2 )
=-68.702/401.2525
=-17.12 %

* 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 two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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

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Strandline Resources (ASX:STA) Business Description

Traded in Other Exchanges
N/A
Address
216 St Georges Terrace, Level 9, Perth, WA, AUS, 6000
Strandline Resources Ltd is focused on mineral exploration and development in Tanzania and Australia. Its project includes the Portfolio of the Fungoni Mineral Sands Project, the Coburn Mineral Sands Project in Western Australia, the Tanga South (Tajiri) Mineral Sands Project in northern Tanzania, the Bagamoyo Project, and the Fowlers Bay Nickel Project in South Australia. The company generates maximum revenue from Australia.

Strandline Resources (ASX:STA) Headlines

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