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MRTMF (Maritime Resources) Gross-Profit-to-Asset % : -0.40% (As of Sep. 2024)


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What is Maritime 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. Maritime Resources's annualized Gross Profit for the quarter that ended in Sep. 2024 was $-0.16 Mil. Maritime Resources's average Total Assets over the quarter that ended in Sep. 2024 was $40.79 Mil. Therefore, Maritime Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was -0.40%.


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

The historical data trend for Maritime 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.

Maritime Resources Gross-Profit-to-Asset % Chart

Maritime Resources 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 -0.54 -0.14 -0.26 -0.43 -0.37

Maritime Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.37 -0.43 -0.42 -0.41 -0.40

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

For the Gold subindustry, Maritime 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.


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

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

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



Maritime Resources Gross-Profit-to-Asset % Calculation

Maritime Resources'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 )
=-0.127/( (29.381+39.449)/ 2 )
=-0.127/34.415
=-0.37 %

Maritime Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-0.164/( (37.89+43.685)/ 2 )
=-0.164/40.7875
=-0.40 %

* 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 (Sep. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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

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Maritime Resources Business Description

Traded in Other Exchanges
Address
650 West Georgia Street, Suite 3200, Vancouver, BC, CAN, V6B 4P7
Maritime Resources Corp is a gold exploration and development company focused on advancing the Hammerdown Gold Project in the Baie Verte District of Newfoundland and Labrador. It holds a 100% interest directly and subject to option agreements entitling it to earn 100% ownership in the Green Bay Property which includes the former Hammerdown gold mine and the Orion gold project. Maritime controls over 439 km2 of exploration land including the Green Bay, Whisker Valley, Gull Ridge and Point Rousse projects.

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