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Nevada Exploration (TSXV:NGE) Gross-Profit-to-Asset % : -17.05% (As of Jan. 2024)


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What is Nevada Exploration 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. Nevada Exploration's annualized Gross Profit for the quarter that ended in Jan. 2024 was C$-0.05 Mil. Nevada Exploration's average Total Assets over the quarter that ended in Jan. 2024 was C$0.28 Mil. Therefore, Nevada Exploration's annualized Gross-Profit-to-Asset % for the quarter that ended in Jan. 2024 was -17.05%.


Nevada Exploration Gross-Profit-to-Asset % Historical Data

The historical data trend for Nevada Exploration'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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Nevada Exploration Gross-Profit-to-Asset % Chart

Nevada Exploration Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.70 -6.19 -8.67 -4.84 -4.86

Nevada Exploration Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -3.33 -5.86 -27.09 -22.11 -17.05

Competitive Comparison of Nevada Exploration's Gross-Profit-to-Asset %

For the Gold subindustry, Nevada Exploration'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.


Nevada Exploration's Gross-Profit-to-Asset % Distribution in the Metals & Mining Industry

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

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



Nevada Exploration Gross-Profit-to-Asset % Calculation

Nevada Exploration's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Apr. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Apr. 2023 )/( (Total Assets (A: Apr. 2022 )+Total Assets (A: Apr. 2023 ))/ count )
=-0.068/( (2.569+0.23)/ 2 )
=-0.068/1.3995
=-4.86 %

Nevada Exploration's annualized Gross-Profit-to-Asset % for the quarter that ended in Jan. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=-0.048/( (0.343+0.22)/ 2 )
=-0.048/0.2815
=-17.05 %

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


Nevada Exploration Gross-Profit-to-Asset % Related Terms

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Nevada Exploration (TSXV:NGE) Business Description

Traded in Other Exchanges
Address
885 West Georgia Street, Suite 1400, Vancouver, BC, CAN, V6C 3E8
Nevada Exploration Inc is in the business of acquiring and exploring mineral properties. The company's project includes South Grass Valley, Grass Valley, Kelly Creek, Awakening. It has a presence in the United States and Canada.

Nevada Exploration (TSXV:NGE) Headlines

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