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Norandaome Fund (Norandaome Fund) Gross-Profit-to-Asset % : 35.75% (As of Sep. 2022)


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What is Norandaome Fund 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. Norandaome Fund's annualized Gross Profit for the quarter that ended in Sep. 2022 was $227.6 Mil. Norandaome Fund's average Total Assets over the quarter that ended in Sep. 2022 was $636.7 Mil. Therefore, Norandaome Fund's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2022 was 35.75%.


Norandaome Fund Gross-Profit-to-Asset % Historical Data

The historical data trend for Norandaome Fund'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.

Norandaome Fund Gross-Profit-to-Asset % Chart

Norandaome Fund Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.25 7.84 9.94 7.10 6.12

Norandaome Fund Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 10.91 1.34 -2.92 -3.59 35.75

Competitive Comparison of Norandaome Fund's Gross-Profit-to-Asset %

For the Other Industrial Metals & Mining subindustry, Norandaome Fund'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.


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

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

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



Norandaome Fund Gross-Profit-to-Asset % Calculation

Norandaome Fund's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2021 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=31.744/( (472.741+564.543)/ 2 )
=31.744/518.642
=6.12 %

Norandaome Fund's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=227.604/( (688.975+584.453)/ 2 )
=227.604/636.714
=35.75 %

* 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 (Sep. 2022) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Norandaome Fund Gross-Profit-to-Asset % Related Terms

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Norandaome Fund (Norandaome Fund) Business Description

Traded in Other Exchanges
N/A
Address
100 King Street West, First Canadian Place, Suite 6900, P.O. Box 403, Toronto, ON, CAN, M5X 1E3
Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.

Norandaome Fund (Norandaome Fund) Headlines