GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Torq Resources Inc (OTCPK:TRBMF) » Definitions » Gross-Profit-to-Asset %

Torq Resources (Torq Resources) Gross-Profit-to-Asset % : 0.00% (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Torq 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. Torq Resources's annualized Gross Profit for the quarter that ended in Dec. 2023 was $0.00 Mil. Torq Resources's average Total Assets over the quarter that ended in Dec. 2023 was $4.23 Mil. Therefore, Torq Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 0.00%.


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

The historical data trend for Torq 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.

Torq Resources Gross-Profit-to-Asset % Chart

Torq Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Torq Resources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 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 - - - - -

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

For the Other Industrial Metals & Mining subindustry, Torq 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.


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

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

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



Torq Resources Gross-Profit-to-Asset % Calculation

Torq Resources'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: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=0/( (11.488+3.135)/ 2 )
=0/7.3115
=0.00 %

Torq 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: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (5.326+3.135)/ 2 )
=0/4.2305
=0.00 %

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


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

Thank you for viewing the detailed overview of Torq Resources's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Torq Resources (Torq Resources) Business Description

Traded in Other Exchanges
Address
1177 West Hastings Street, Suite 1630, Vancouver, BC, CAN, V6E 2K3
Torq Resources Inc is a copper and gold exploration company with a portfolio of premium holdings in Chile. Its projects include Santa Cecilia gold-copper project, Margarita iron-oxide copper-gold project, and the Andrea copper porphyry project.