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Tietto Minerals (ASX:TIE) Gross-Profit-to-Asset % : 37.21% (As of Dec. 2023)


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What is Tietto Minerals 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. Tietto Minerals's annualized Gross Profit for the quarter that ended in Dec. 2023 was A$147.1 Mil. Tietto Minerals's average Total Assets over the quarter that ended in Dec. 2023 was A$395.3 Mil. Therefore, Tietto Minerals's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 37.21%.


Tietto Minerals Gross-Profit-to-Asset % Historical Data

The historical data trend for Tietto Minerals'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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Tietto Minerals Gross-Profit-to-Asset % Chart

Tietto Minerals Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial - - - - 30.17

Tietto Minerals Semi-Annual Data
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 -1.72 - - 12.13 37.21

Competitive Comparison of Tietto Minerals's Gross-Profit-to-Asset %

For the Gold subindustry, Tietto Minerals'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.


Tietto Minerals's Gross-Profit-to-Asset % Distribution in the Metals & Mining Industry

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

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



Tietto Minerals Gross-Profit-to-Asset % Calculation

Tietto Minerals'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: Jun. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=94.44/( (219.976+406.06)/ 2 )
=94.44/313.018
=30.17 %

Tietto Minerals'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 )
=147.088/( (384.499+406.06)/ 2 )
=147.088/395.2795
=37.21 %

* 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.


Tietto Minerals Gross-Profit-to-Asset % Related Terms

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Tietto Minerals (ASX:TIE) Business Description

Traded in Other Exchanges
N/A
Address
123B Collin Street, Unit 22, Perth, WA, AUS, 6005
Tietto Minerals Ltd is a mineral exploration company with a main focus on gold in West Africa. It operates as four segments which are Administration Australia, Exploration Liberia, Exploration Cote d'Ivoire and Development Cote d'Ivoire. The projects include Dube South Project, Cestos Project, and Abujar Au Project.

Tietto Minerals (ASX:TIE) Headlines

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