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Mandalay Resources (TSX:MND) Gross-Profit-to-Asset % : 23.98% (As of Mar. 2024)


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What is Mandalay 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. Mandalay Resources's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$96.2 Mil. Mandalay Resources's average Total Assets over the quarter that ended in Mar. 2024 was C$401.3 Mil. Therefore, Mandalay Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 23.98%.


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

The historical data trend for Mandalay 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.

Mandalay Resources Gross-Profit-to-Asset % Chart

Mandalay 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 -0.15 22.69 26.53 21.63 11.78

Mandalay Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.77 3.82 12.20 22.08 23.98

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

For the Gold subindustry, Mandalay 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.


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

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

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



Mandalay Resources Gross-Profit-to-Asset % Calculation

Mandalay 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 )
=45.897/( (383.401+396.105)/ 2 )
=45.897/389.753
=11.78 %

Mandalay Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=96.224/( (396.105+406.559)/ 2 )
=96.224/401.332
=23.98 %

* 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 (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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

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Mandalay Resources (TSX:MND) Business Description

Traded in Other Exchanges
Address
76 Richmond Street East, Suite 330, Toronto, ON, CAN, M5C 1P1
Mandalay Resources Corp is a Canadian-based natural resource corporation with producing assets in Australia and Sweden, and care and maintenance and development projects in Chile and Canada. The company focuses on growing its production and reducing costs at its gold and antimony operation in Australia, and its gold mine in Sweden, to generate near-term sustainable positive cash flow.
Executives
Frazer William Bourchier Senior Officer

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