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Adex Mining (Adex Mining) Gross-Profit-to-Asset % : -20.14% (As of Dec. 2023)


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What is Adex Mining 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. Adex Mining's annualized Gross Profit for the quarter that ended in Dec. 2023 was $-0.28 Mil. Adex Mining's average Total Assets over the quarter that ended in Dec. 2023 was $1.37 Mil. Therefore, Adex Mining's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was -20.14%.


Adex Mining Gross-Profit-to-Asset % Historical Data

The historical data trend for Adex Mining'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.

Adex Mining Gross-Profit-to-Asset % Chart

Adex Mining 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 -20.29 -18.41 -19.61 -16.34 -20.41

Adex Mining 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 -16.07 -22.15 -17.90 -20.00 -20.14

Competitive Comparison of Adex Mining's Gross-Profit-to-Asset %

For the Other Industrial Metals & Mining subindustry, Adex Mining'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.


Adex Mining's Gross-Profit-to-Asset % Distribution in the Metals & Mining Industry

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

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



Adex Mining Gross-Profit-to-Asset % Calculation

Adex Mining'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 )
=-0.274/( (1.309+1.376)/ 2 )
=-0.274/1.3425
=-20.41 %

Adex Mining'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 )
=-0.276/( (1.365+1.376)/ 2 )
=-0.276/1.3705
=-20.14 %

* 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.


Adex Mining Gross-Profit-to-Asset % Related Terms

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Adex Mining (Adex Mining) Business Description

Traded in Other Exchanges
Address
36 Toronto Street, Suite 850, Toronto, ON, CAN, M5C 2C5
Adex Mining Inc is a mineral exploration and development company in Canada that develops a potential polymetallic focusing on tin, indium, zinc, molybdenum, and tungsten. The company is focused on exploring and developing its Mount Pleasant Property.

Adex Mining (Adex Mining) Headlines

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