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GBM Resources (ASX:GBZ) Gross-Profit-to-Asset % : 2.04% (As of Dec. 2023)


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What is GBM 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. GBM Resources's annualized Gross Profit for the quarter that ended in Dec. 2023 was A$1.28 Mil. GBM Resources's average Total Assets over the quarter that ended in Dec. 2023 was A$62.63 Mil. Therefore, GBM Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 2.04%.


GBM Resources Gross-Profit-to-Asset % Historical Data

The historical data trend for GBM 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.

GBM Resources Gross-Profit-to-Asset % Chart

GBM Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 7.11 2.72 -

GBM Resources Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 8.57 3.39 1.83 2.04 -

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

For the Gold subindustry, GBM 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.


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

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

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



GBM Resources Gross-Profit-to-Asset % Calculation

GBM Resources's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=1.626/( (55.705+63.977)/ 2 )
=1.626/59.841
=2.72 %

GBM 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: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=1.28/( (63.977+61.29)/ 2 )
=1.28/62.6335
=2.04 %

* 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 two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


GBM Resources Gross-Profit-to-Asset % Related Terms

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GBM Resources Business Description

Traded in Other Exchanges
Address
303 Coronation Drive, Level 1, Suite 102, Milton, QLD, AUS, 4064
GBM Resources Ltd is a gold exploration mining company operating in Australia. The projects of the company include Mount Coolon Gold Project, Malmsbury Gold Project, White Dam Gold - Copper HL Operation, Twin Hills Gold Project, Mount Morgan Gold Copper Project, Mayfield Copper Gold, and other joint venture projects. The company has two segments mineral exploration and resource development within Australia and production of minerals in Australia.

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