GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Avanti Helium Corp (TSXV:AVN) » Definitions » Gross-Profit-to-Asset %

Avanti Helium (TSXV:AVN) Gross-Profit-to-Asset % : -0.01% (As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Avanti Helium 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. Avanti Helium's annualized Gross Profit for the quarter that ended in Dec. 2023 was C$-0.00 Mil. Avanti Helium's average Total Assets over the quarter that ended in Dec. 2023 was C$30.49 Mil. Therefore, Avanti Helium's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was -0.01%.


Avanti Helium Gross-Profit-to-Asset % Historical Data

The historical data trend for Avanti Helium'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.

Avanti Helium Gross-Profit-to-Asset % Chart

Avanti Helium 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 - - -0.04 -0.09 -0.09

Avanti Helium Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 -0.24 -0.09 -0.13 -0.10 -0.01

Competitive Comparison of Avanti Helium's Gross-Profit-to-Asset %

For the Oil & Gas E&P subindustry, Avanti Helium'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.


Avanti Helium's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Avanti Helium's Gross-Profit-to-Asset % distribution charts can be found below:

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



Avanti Helium Gross-Profit-to-Asset % Calculation

Avanti Helium'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 )
=-0.027/( (30.345+28.628)/ 2 )
=-0.027/29.4865
=-0.09 %

Avanti Helium'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 )
=-0.004/( (32.355+28.628)/ 2 )
=-0.004/30.4915
=-0.01 %

* 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.


Avanti Helium Gross-Profit-to-Asset % Related Terms

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


Avanti Helium (TSXV:AVN) Business Description

Traded in Other Exchanges
Address
208A - 980 West 1st Street, North Vancouver, BC, CAN, V7P 3N4
Avanti Helium Corp is principally focused on the exploration, development, and production of helium across Western Canada and the United States.
Executives
Chris Bakker 10% Security Holder, Senior Officer

Avanti Helium (TSXV:AVN) Headlines

No Headlines