GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ProAm Explorations Corp (TSXV:PMX) » Definitions » Gross-Profit-to-Asset %

ProAm Explorations (TSXV:PMX) Gross-Profit-to-Asset % : 1.57% (As of Dec. 2023)


View and export this data going back to 1978. Start your Free Trial

What is ProAm Explorations 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. ProAm Explorations's annualized Gross Profit for the quarter that ended in Dec. 2023 was C$0.01 Mil. ProAm Explorations's average Total Assets over the quarter that ended in Dec. 2023 was C$0.77 Mil. Therefore, ProAm Explorations's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 1.57%.


ProAm Explorations Gross-Profit-to-Asset % Historical Data

The historical data trend for ProAm Explorations'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.

ProAm Explorations Gross-Profit-to-Asset % Chart

ProAm Explorations 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 6.36 6.10 4.29 2.37 0.77

ProAm Explorations Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.39 0.86 0.44 - 1.57

Competitive Comparison of ProAm Explorations's Gross-Profit-to-Asset %

For the Oil & Gas E&P subindustry, ProAm Explorations'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.


ProAm Explorations's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

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

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



ProAm Explorations Gross-Profit-to-Asset % Calculation

ProAm Explorations'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 )
=0.006/( (0.935+0.621)/ 2 )
=0.006/0.778
=0.77 %

ProAm Explorations'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 )
=0.012/( (0.911+0.621)/ 2 )
=0.012/0.766
=1.57 %

* 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.


ProAm Explorations Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of ProAm Explorations's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


ProAm Explorations (TSXV:PMX) Business Description

Traded in Other Exchanges
N/A
Address
867 West 3rd Street, North Vancouver, Vancouver, BC, CAN, V7P 1E2
Website
ProAm Explorations Corp is a junior mineral and oil and natural gas exploration and development company. It operates in Canada and the United States. Mineral exploration is focused in the USA Canada while little oil and natural gas activity has been pursued. The company is a junior exploration company putting its emphasis on mineral properties as economic conditions in natural gas markets have been unsettled. It has a single operating segment the acquisition, exploration and development of resource properties.
Executives
Glencoe-macdonald Holdings Ltd. 10% Security Holder
Donald Leo Macdonald Senior Officer
Macdonald Maureen Director or Senior Officer of 10% Security Holder

ProAm Explorations (TSXV:PMX) Headlines