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Loncor Gold (STU:LO51) Gross-Profit-to-Asset % : -0.31% (As of Sep. 2024)


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What is Loncor 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. Loncor Gold's annualized Gross Profit for the quarter that ended in Sep. 2024 was €-0.08 Mil. Loncor Gold's average Total Assets over the quarter that ended in Sep. 2024 was €24.32 Mil. Therefore, Loncor Gold's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was -0.31%.


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

The historical data trend for Loncor 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.

Loncor Gold Gross-Profit-to-Asset % Chart

Loncor Gold 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 -0.68 -0.57 -0.50 -0.38 -0.20

Loncor Gold 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 -0.20 -0.25 -0.34 -0.35 -0.31

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

For the Gold subindustry, Loncor 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.


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

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

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



Loncor Gold Gross-Profit-to-Asset % Calculation

Loncor Gold'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 )
=-0.064/( (40.487+22.344)/ 2 )
=-0.064/31.4155
=-0.20 %

Loncor Gold'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 )
=-0.076/( (24.056+24.582)/ 2 )
=-0.076/24.319
=-0.31 %

* 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.


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

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Loncor Gold Business Description

Traded in Other Exchanges
Address
4120 Yonge Street, Suite 304, 1 First Canadian Place, Toronto, ON, CAN, M2P 2B8
Loncor Gold Inc is a gold exploration company focused on projects on the Ngayu Belt in the Democratic Republic of the Congo. The Adumbi gold deposit is the focus of Loncor's activity and can be found within Loncor's 84.68% owned Imbo Project. The company has Africa's largest gold producer, the Barrick-managed Kibali Gold mine as a neighbour 130 miles away.

Loncor Gold Headlines

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