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EDM Resources (TSXV:EDM) Gross-Profit-to-Asset % : -0.05% (As of Mar. 2024)


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What is EDM 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. EDM Resources's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$-0.01 Mil. EDM Resources's average Total Assets over the quarter that ended in Mar. 2024 was C$25.43 Mil. Therefore, EDM Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was -0.05%.


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

The historical data trend for EDM 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.

EDM Resources Gross-Profit-to-Asset % Chart

EDM 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 -0.85 -0.40 -0.02 -0.10 -0.03

EDM 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 -0.15 -0.08 0.18 -0.06 -0.05

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

For the Other Industrial Metals & Mining subindustry, EDM 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.


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

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

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



EDM Resources Gross-Profit-to-Asset % Calculation

EDM 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 )
=-0.007/( (23.783+24.98)/ 2 )
=-0.007/24.3815
=-0.03 %

EDM 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 )
=-0.012/( (24.98+25.88)/ 2 )
=-0.012/25.43
=-0.05 %

* 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.


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

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EDM Resources (TSXV:EDM) Business Description

Traded in Other Exchanges
N/A
Address
1959 Upper Water Street, Suite 1301, Purdy's Wharf, Halifax, NS, CAN, B3J 3N2
EDM Resources Inc is an exploration and development company. The company is engaged in base metals mining and related activities, including the exploration and evaluation of mineral property interests that are considered to have the potential for economic mineralization and development. Its project includes Scotia Mine; Eastville Prospect; Carrolls Farm and Carrolls Corner Prospects.
Executives
Mark Stephen Richard Haywood Senior Officer

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