GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » James Bay Resources Ltd (XCNQ:JBR) » Definitions » Gross-Profit-to-Asset %

James Bay Resources (XCNQ:JBR) Gross-Profit-to-Asset % : -11.24% (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is James Bay Resources 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. James Bay Resources's annualized Gross Profit for the quarter that ended in Dec. 2023 was C$-0.06 Mil. James Bay Resources's average Total Assets over the quarter that ended in Dec. 2023 was C$0.50 Mil. Therefore, James Bay Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was -11.24%.


James Bay Resources Gross-Profit-to-Asset % Historical Data

The historical data trend for James Bay Resources'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.

James Bay Resources Gross-Profit-to-Asset % Chart

James Bay Resources 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 -0.14 -1.00 -0.37 -1.49 -5.41

James Bay Resources 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 -2.41 -3.67 -5.35 -8.21 -11.24

Competitive Comparison of James Bay Resources's Gross-Profit-to-Asset %

For the Oil & Gas E&P subindustry, James Bay Resources'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.


James Bay Resources's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where James Bay Resources's Gross-Profit-to-Asset % falls into.



James Bay Resources Gross-Profit-to-Asset % Calculation

James Bay Resources'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 )
=-0.055/( (1.571+0.462)/ 2 )
=-0.055/1.0165
=-5.41 %

James Bay Resources'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 )
=-0.056/( (0.534+0.462)/ 2 )
=-0.056/0.498
=-11.24 %

* 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.


James Bay Resources Gross-Profit-to-Asset % Related Terms

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


James Bay Resources (XCNQ:JBR) Business Description

Traded in Other Exchanges
Address
77 Bloor Street West, Suite 1200, Toronto, ON, CAN, M5S 1M2
James Bay Resources Ltd is a junior resource company. It focuses on the acquisition and exploration of base and precious metal mineral properties, with activities centered in Canada.
Executives
Stephen Mitchell Shefsky 10% Security Holder, Director, Senior Officer

James Bay Resources (XCNQ:JBR) Headlines

No Headlines