Torque Metals (ASX:TOR) Gross-Profit-to-Asset % : 0.00% (As of Dec. 2023)

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What is Torque Metals 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. Torque Metals's annualized Gross Profit for the quarter that ended in Dec. 2023 was A$0.00 Mil. Torque Metals's average Total Assets over the quarter that ended in Dec. 2023 was A$13.63 Mil. Therefore, Torque Metals's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 0.00%.

Torque Metals Gross-Profit-to-Asset % Historical Data

The historical data trend for Torque Metals'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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Torque Metals Gross-Profit-to-Asset % Chart

Torque Metals Annual Data

Trend

Jun21

Jun22

Jun23

Gross-Profit-to-Asset %

Torque Metals Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Torque Metals's Gross-Profit-to-Asset %

For the Gold subindustry, Torque Metals'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.

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

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

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

Torque Metals Gross-Profit-to-Asset % Calculation

Torque Metals'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 )
	=	0	/	( (10.287	+	11.711)	/ 2 )
	=	0	/	10.999
	=	0.00 %

Torque Metals'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 )
	=	0	/	( (11.711	+	15.544)	/ 2 )
	=	0	/	13.6275
	=	0.00 %

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.

Torque Metals Gross-Profit-to-Asset % Related Terms

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Torque Metals (ASX:TOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Torque Metals Ltd (ASX:TOR) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

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Address

16 - 18 Nicholson Road, Unit 8, Subiaco, WA, AUS, 6008

Website

https://www.torquemetals.com

Torque Metals Ltd is a smart exploration company with a discovery methodology, combining drilling results with machine learning algorithms and geological interpretation. The company has three projects namely; New Dawn Lithium Project, Bullfinch Gold Project, and Paris Gold Project. The Company operates in one segment being exploration in Western Australia, Australia.

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