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Mineral Resources (ASX:MIN) Gross-Profit-to-Asset % : 52.09% (As of Dec. 2023)


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What is Mineral 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. Mineral Resources's annualized Gross Profit for the quarter that ended in Dec. 2023 was A$5,040 Mil. Mineral Resources's average Total Assets over the quarter that ended in Dec. 2023 was A$9,674 Mil. Therefore, Mineral Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 52.09%.

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

The historical data trend for Mineral 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.

Mineral Resources Gross-Profit-to-Asset % Chart

Mineral Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.86 52.28 66.92 42.41 50.72

Mineral Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 46.58 46.92 59.02 42.32 52.09

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

For the Other Industrial Metals & Mining subindustry, Mineral 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.

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

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

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


Mineral Resources Gross-Profit-to-Asset % Calculation

Mineral 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 )
=4110/( (7811.1+8395.2)/ 2 )
=4110/8103.15
=50.72 %

Mineral 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 )
=5039.8/( (8395.2+10953.7)/ 2 )
=5039.8/9674.45
=52.09 %

* 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.

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

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Mineral Resources (ASX:MIN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mineral Resources Ltd (ASX:MIN) » Definitions » Gross-Profit-to-Asset %
Comparable Companies
ASX:S32 ASX:PLS ASX:LYC ASX:IGO ASX:NIC ASX:ILU ASX:LTR ASX:DRR ASX:BOE ASX:AZS ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 GMEXICOB LSE:AAL TSX:TECK.B
Traded in Other Exchanges
MALRY:USA MALRF:USA F5J:Germany F5J:Germany
Address
20 Walters Drive, Osborne Park, Applecross, Western Australia, WA, AUS, 6017
Website
https://www.mineralresources.com.au
Mineral Resources listed on the ASX in 2006 following the merger of three mining services businesses. The subsidiary companies were previously owned by managing director Chris Ellison, who remains a large shareholder despite selling down. Operations include iron ore and lithium mining, iron ore crushing and screening services for third parties, and engineering and construction for mining companies. Mining and contracting activity is focused in Western Australia.