GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » West Red Lake Gold Mines Ltd (TSXV:WRLG) » Definitions » Gross-Profit-to-Asset %

West Red Lake Gold Mines (TSXV:WRLG) Gross-Profit-to-Asset % : -1.37% (As of Feb. 2024)


View and export this data going back to 1980. Start your Free Trial

What is West Red Lake 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. West Red Lake Gold Mines's annualized Gross Profit for the quarter that ended in Feb. 2024 was C$-1.28 Mil. West Red Lake Gold Mines's average Total Assets over the quarter that ended in Feb. 2024 was C$93.21 Mil. Therefore, West Red Lake Gold Mines's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 was -1.37%.


West Red Lake Gold Mines Gross-Profit-to-Asset % Historical Data

The historical data trend for West Red Lake 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.

West Red Lake Gold Mines Gross-Profit-to-Asset % Chart

West Red Lake Gold Mines Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -0.50

West Red Lake Gold Mines Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - - - -1.37

Competitive Comparison of West Red Lake Gold Mines's Gross-Profit-to-Asset %

For the Gold subindustry, West Red Lake 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.


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

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

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



West Red Lake Gold Mines Gross-Profit-to-Asset % Calculation

West Red Lake Gold Mines's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Nov. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Nov. 2023 )/( (Total Assets (A: Nov. 2022 )+Total Assets (A: Nov. 2023 ))/ count )
=-0.25/( (1.859+98.013)/ 2 )
=-0.25/49.936
=-0.50 %

West Red Lake Gold Mines's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=-1.28/( (98.013+88.413)/ 2 )
=-1.28/93.213
=-1.37 %

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


West Red Lake Gold Mines Gross-Profit-to-Asset % Related Terms

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


West Red Lake Gold Mines (TSXV:WRLG) Business Description

Traded in Other Exchanges
Address
595 Burrard Street, Suite 3123, Toronto, ON, CAN, V7X 1J1
West Red Lake Gold Mines Ltd is engaged in the exploration and development of the West Red Lake Project located in the Red Lake Gold District of Northwestern Ontario, Canada.
Executives
Frank Giustra 10% Security Holder

West Red Lake Gold Mines (TSXV:WRLG) Headlines

No Headlines