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Nortec Minerals (TSXV:NVT) Gross-Profit-to-Asset % : 0.00% (As of Dec. 2023)


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What is Nortec Minerals 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. Nortec Minerals's annualized Gross Profit for the quarter that ended in Dec. 2023 was C$0.00 Mil. Nortec Minerals's average Total Assets over the quarter that ended in Dec. 2023 was C$0.26 Mil. Therefore, Nortec Minerals's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 0.00%.


Nortec Minerals Gross-Profit-to-Asset % Historical Data

The historical data trend for Nortec Minerals'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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Nortec Minerals Gross-Profit-to-Asset % Chart

Nortec Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
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Nortec Minerals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Nortec Minerals's Gross-Profit-to-Asset %

For the Other Industrial Metals & Mining subindustry, Nortec Minerals'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.


Nortec Minerals's Gross-Profit-to-Asset % Distribution in the Metals & Mining Industry

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

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



Nortec Minerals Gross-Profit-to-Asset % Calculation

Nortec Minerals'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/( (0.761+0.349)/ 2 )
=0/0.555
=0.00 %

Nortec Minerals'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/( (0.179+0.349)/ 2 )
=0/0.264
=0.00 %

* 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.


Nortec Minerals Gross-Profit-to-Asset % Related Terms

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Nortec Minerals (TSXV:NVT) Business Description

Traded in Other Exchanges
N/A
Address
700 West Pender Street, Suite 915, Vancouver, BC, CAN, V6C 1G8
Nortec Minerals Corp is a Canada-based exploration-stage company that is engaged in the acquisition and exploration of mineral properties. The company's projects include Sturgeon Lake VMS, Mattagami River Zinc, and Finland project.