Ashantinkofa (TSXV:ASI.H) COGS-to-Revenue : 0.00 (As of Nov. 2021)

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What is Ashantinkofa COGS-to-Revenue?

Ashantinkofa's Cost of Goods Sold for the three months ended in Nov. 2021 was C$0.00 Mil. Its Revenue for the three months ended in Nov. 2021 was C$0.00 Mil.

Ashantinkofa's COGS to Revenue for the three months ended in Nov. 2021 was 0.00.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Ashantinkofa's Gross Margin % for the three months ended in Nov. 2021 was N/A%.

Ashantinkofa COGS-to-Revenue Historical Data

The historical data trend for Ashantinkofa's COGS-to-Revenue 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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Ashantinkofa COGS-to-Revenue Chart

Ashantinkofa Annual Data

Trend

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COGS-to-Revenue

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Ashantinkofa Quarterly Data
	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21
COGS-to-Revenue	Get a 7-Day Free Trial															-	-	-	-	-

Ashantinkofa COGS-to-Revenue Calculation

Ashantinkofa's COGS to Revenue for the fiscal year that ended in Feb. 2021 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0	/	0
	=

Ashantinkofa's COGS to Revenue for the quarter that ended in Nov. 2021 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0	/	0
	=

Ashantinkofa (TSXV:ASI.H) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Ashantinkofa's Gross Margin % for the three months ended in Nov. 2021 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0 / 0
	=	N/A %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Ashantinkofa COGS-to-Revenue Related Terms

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Ashantinkofa (TSXV:ASI.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ashanti Sankofa Inc (TSXV:ASI.H) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

938 Howe Street, Suite 908, Vancouver, BC, CAN, V6Z 1N9

Website

http://www.ashantisankofa.com

Ashanti Sankofa Inc is a Canada based exploration and development stage company. It is engaged in the acquisition and exploration of mineral properties. The company is currently focused on gold exploration activity in West Africa. Its exploration and evaluation assets comprise the North Ashanti-Anuoro project.

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