Detour Gold (Detour Gold) Gross-Profit-to-Asset % : 9.36% (As of Sep. 2019)

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What is Detour Gold 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. Detour Gold's annualized Gross Profit for the quarter that ended in Sep. 2019 was $239.2 Mil. Detour Gold's average Total Assets over the quarter that ended in Sep. 2019 was $2,555.8 Mil. Therefore, Detour Gold's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2019 was 9.36%.

Detour Gold Gross-Profit-to-Asset % Historical Data

The historical data trend for Detour Gold'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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Detour Gold Gross-Profit-to-Asset % Chart

Detour Gold Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Gross-Profit-to-Asset %

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-0.26

0.48

3.93

6.75

5.96

Detour Gold Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															2.42	5.35	7.01	5.30	9.36

Competitive Comparison of Detour Gold's Gross-Profit-to-Asset %

For the Gold subindustry, Detour Gold'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.

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

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

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

Detour Gold Gross-Profit-to-Asset % Calculation

Detour Gold's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2018 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Dec. 2018 )	/	( (Total Assets (A: Dec. 2017 )	+	Total Assets (A: Dec. 2018 ))	/ count )
	=	145.7	/	( (2417.5	+	2468)	/ 2 )
	=	145.7	/	2442.75
	=	5.96 %

Detour Gold's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2019 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Sep. 2019 )	/	( (Total Assets (Q: Jun. 2019 )	+	Total Assets (Q: Sep. 2019 ))	/ count )
	=	239.2	/	( (2543.3	+	2568.2)	/ 2 )
	=	239.2	/	2555.75
	=	9.36 %

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 (Sep. 2019) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Detour Gold Gross-Profit-to-Asset % Related Terms

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Detour Gold (Detour Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Detour Gold Corp (OTCPK:DRGDF) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

N/A

Address

199 Bay Street, Suite 4100, PO Box 121, Commerce Court West, Toronto, ON, CAN, M5L 1E2

Website

http://www.detourgold.com

Detour Gold Corp is a Canada-based intermediate gold miner. The company's primary investment is its 100% interest in the Detour Lake mine, a long-life large-scale open pit mine in northeastern Ontario, roughly 300 kilometers northeast of Timmins and 185 kilometers northeast of Cochrane. The Detour Lake mine is an open-pit operation consisting of a contiguous block of mining claims and leases totaling about 625 square kilometers in the District of Cochrane and is one of the largest gold-producing mines in Canada.

Detour Gold (Detour Gold) Headlines

From GuruFocus

First Eagle Gold Fund Comments on Detour Gold

By Sydnee Gatewood Sydnee Gatewood • 01-31-2020

Gabelli Funds Comments on Detour Gold

By Holly LaFon Holly LaFon • 11-17-2016

DETOUR GOLD ALERT: Bragar Eagel & Squire, P.C. Investigates Proposed Sale of DRGDF and Encourages Investors to Contact the Firm

By PRNewswire PRNewswire • 11-25-2019