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Goldgroup Mining (Goldgroup Mining) Gross-Profit-to-Asset % : 42.53% (As of Dec. 2023)


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What is Goldgroup 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. Goldgroup Mining's annualized Gross Profit for the quarter that ended in Dec. 2023 was $3.94 Mil. Goldgroup Mining's average Total Assets over the quarter that ended in Dec. 2023 was $9.26 Mil. Therefore, Goldgroup Mining's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 42.53%.


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

The historical data trend for Goldgroup 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.

Goldgroup Mining Gross-Profit-to-Asset % Chart

Goldgroup 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 8.43 10.97 4.88 -3.62 11.60

Goldgroup 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 - - 23.36 -10.41 42.53

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

For the Gold subindustry, Goldgroup 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.


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

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

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



Goldgroup Mining Gross-Profit-to-Asset % Calculation

Goldgroup 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 )
=1.44/( (15.405+9.419)/ 2 )
=1.44/12.412
=11.60 %

Goldgroup 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 )
=3.936/( (9.091+9.419)/ 2 )
=3.936/9.255
=42.53 %

* 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.


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

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Goldgroup Mining (Goldgroup Mining) Business Description

Traded in Other Exchanges
Address
1166 Alberni Street, Suite 1201, Vancouver, BC, CAN, V6E 3Z3
Goldgroup Mining Inc is a Canadian-based gold production, development, and exploration company with an upside in a portfolio of projects in Mexico, including an interest in DynaResource de Mexico, S.A. de C.V., which owns 100% of the high-grade gold exploration project, San Jose de Gracia, located in the State of Sinaloa. In addition, the company operates its 100%-owned Cerro Prieto heap-leach gold mine, in the State of Sonora, Mexico.

Goldgroup Mining (Goldgroup Mining) Headlines

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Goldgroup Announces Date of Its Annual General

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Goldgroup Provides a Legal Update

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Goldgroup Announces Accendo Loan Facility

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