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Helium Evolution (TSXV:HEVI) Gross-Profit-to-Asset % : -0.21% (As of Mar. 2024)


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What is Helium Evolution 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. Helium Evolution's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$-0.02 Mil. Helium Evolution's average Total Assets over the quarter that ended in Mar. 2024 was C$11.47 Mil. Therefore, Helium Evolution's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was -0.21%.


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

The historical data trend for Helium Evolution'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.

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Helium Evolution Gross-Profit-to-Asset % Chart

Helium Evolution Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
- -0.14 -0.38 -0.36

Helium Evolution Quarterly Data
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 -0.40 -0.40 -0.40 -0.20 -0.21

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

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


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

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

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



Helium Evolution Gross-Profit-to-Asset % Calculation

Helium Evolution'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 )
=-0.045/( (13.022+11.639)/ 2 )
=-0.045/12.3305
=-0.36 %

Helium Evolution'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 )
=-0.024/( (11.639+11.293)/ 2 )
=-0.024/11.466
=-0.21 %

* 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.


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

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Helium Evolution (TSXV:HEVI) Business Description

Traded in Other Exchanges
Address
400 - 505 - 3rd Street SW, Calgary, AB, CAN, T2P 3E6
Helium Evolution Inc is engaged in the exploration and production of helium. The company holds helium land permits near proven discoveries of economic helium concentrations.
Executives
Patrick Mills Senior Officer

Helium Evolution (TSXV:HEVI) Headlines

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