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Omai Gold Mines (TSXV:OMG) Gross-Profit-to-Asset % : 0.45% (As of Dec. 2023)


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What is Omai Gold Mines 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. Omai Gold Mines's annualized Gross Profit for the quarter that ended in Dec. 2023 was C$0.03 Mil. Omai Gold Mines's average Total Assets over the quarter that ended in Dec. 2023 was C$6.17 Mil. Therefore, Omai Gold Mines's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 0.45%.


Omai Gold Mines Gross-Profit-to-Asset % Historical Data

The historical data trend for Omai Gold Mines'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.

Omai Gold Mines Gross-Profit-to-Asset % Chart

Omai Gold Mines Annual Data
Trend Sep19 Sep20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
- - -0.91 -0.63 -1.17

Omai Gold Mines Quarterly Data
Sep19 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 -0.76 -1.56 -1.60 -1.74 0.45

Competitive Comparison of Omai Gold Mines's Gross-Profit-to-Asset %

For the Gold subindustry, Omai Gold Mines'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.


Omai Gold Mines's Gross-Profit-to-Asset % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Omai Gold Mines's Gross-Profit-to-Asset % falls into.



Omai Gold Mines Gross-Profit-to-Asset % Calculation

Omai Gold Mines'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 )
=-0.087/( (9.114+5.738)/ 2 )
=-0.087/7.426
=-1.17 %

Omai Gold Mines'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 )
=0.028/( (6.599+5.738)/ 2 )
=0.028/6.1685
=0.45 %

* 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.


Omai Gold Mines Gross-Profit-to-Asset % Related Terms

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Omai Gold Mines (TSXV:OMG) Business Description

Traded in Other Exchanges
Address
130 King Street West, Suite 3680, Toronto, ON, CAN, M5X 1B1
Omai Gold Mines Corp is a mineral exploration company. Its Omai gold mine is located in Guyana, on the North coast of South America. The mine has two open pits: the Fennell pit and the Wenot pit. Its other project is Grenfell Property.
Executives
Derek Macpherson Director

Omai Gold Mines (TSXV:OMG) Headlines

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