New Age Metals (New Age Metals) Gross-Profit-to-Asset % : -0.38% (As of Jan. 2024)

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What is New Age Metals 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. New Age Metals's annualized Gross Profit for the quarter that ended in Jan. 2024 was $-0.04 Mil. New Age Metals's average Total Assets over the quarter that ended in Jan. 2024 was $10.59 Mil. Therefore, New Age Metals's annualized Gross-Profit-to-Asset % for the quarter that ended in Jan. 2024 was -0.38%.

New Age Metals Gross-Profit-to-Asset % Historical Data

The historical data trend for New Age Metals'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.

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New Age Metals Gross-Profit-to-Asset % Chart

New Age Metals Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Gross-Profit-to-Asset %

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-0.17

-0.81

-0.56

-0.28

-0.38

New Age Metals Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															-0.37	-0.37	-0.40	-0.33	-0.38

Competitive Comparison of New Age Metals's Gross-Profit-to-Asset %

For the Other Industrial Metals & Mining subindustry, New Age Metals'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.

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

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

* The bar in red indicates where New Age Metals's Gross-Profit-to-Asset % falls into.

New Age Metals Gross-Profit-to-Asset % Calculation

New Age Metals's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Apr. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Apr. 2023 )	/	( (Total Assets (A: Apr. 2022 )	+	Total Assets (A: Apr. 2023 ))	/ count )
	=	-0.043	/	( (11.973	+	10.848)	/ 2 )
	=	-0.043	/	11.4105
	=	-0.38 %

New Age Metals's annualized Gross-Profit-to-Asset % for the quarter that ended in Jan. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	-0.04	/	( (10.479	+	10.708)	/ 2 )
	=	-0.04	/	10.5935
	=	-0.38 %

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

New Age Metals Gross-Profit-to-Asset % Related Terms

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New Age Metals (New Age Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » New Age Metals Inc (OTCPK:NMTLF) » Definitions » Gross-Profit-to-Asset %

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P7J2:Germany NAM:Canada

Address

2148 West 38th Avenue, Suite 101, Vancouver, BC, CAN, V6M 1R9

Website

https://www.newagemetals.com

New Age Metals Inc is a green metal, mineral exploration and development company. The company has two divisions, each engaged in the process of acquiring, exploring and developing Platinum Group Metal (PGM) and Lithium projects. Geographically, it operates in Canada and USA, out of which the majority of its revenue is from Canada. Its project includes the palladium projects in North America - its flagship River Valley PGM Project (near Sudbury, Ontario), Genesis PGM-Cu-Ni Project (Alaska) and seven Lithium projects (Manitoba).

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