GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Avidian Gold Corp (OTCPK:AVGDF) » Definitions » Gross-Profit-to-Asset %

Avidian Gold (Avidian Gold) Gross-Profit-to-Asset % : -3.04% (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Avidian Gold 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. Avidian Gold's annualized Gross Profit for the quarter that ended in Dec. 2023 was $-0.04 Mil. Avidian Gold's average Total Assets over the quarter that ended in Dec. 2023 was $1.19 Mil. Therefore, Avidian Gold's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was -3.04%.


Avidian Gold Gross-Profit-to-Asset % Historical Data

The historical data trend for Avidian Gold'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.

Avidian Gold Gross-Profit-to-Asset % Chart

Avidian Gold Annual Data
Trend Mar15 Mar16 Mar17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only -1.52 -1.96 -0.78 -0.96 -2.22

Avidian Gold 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 -2.21 -2.34 -2.66 -2.88 -3.04

Competitive Comparison of Avidian Gold's Gross-Profit-to-Asset %

For the Gold subindustry, Avidian Gold'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.


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

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

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



Avidian Gold Gross-Profit-to-Asset % Calculation

Avidian Gold'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 )
=-0.036/( (1.96+1.289)/ 2 )
=-0.036/1.6245
=-2.22 %

Avidian Gold'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 )
=-0.036/( (1.208+1.163)/ 2 )
=-0.036/1.1855
=-3.04 %

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


Avidian Gold Gross-Profit-to-Asset % Related Terms

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


Avidian Gold (Avidian Gold) Business Description

Traded in Other Exchanges
Address
110 Yonge Street, Suite 1601, Toronto, ON, CAN, M5C 1T4
Avidian Gold Corp is a Canada-based mineral exploration company. Principally, it is engaged in the business of acquiring and exploring gold projects. The company holds right to explore several properties comprising of Golden Zone, Labrador West, Amanita and Jungo.