Thungela Resources (Thungela Resources) Gross-Profit-to-Asset % : 48.26% (As of Dec. 2023)

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What is Thungela 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. Thungela Resources's annualized Gross Profit for the quarter that ended in Dec. 2023 was $1,102 Mil. Thungela Resources's average Total Assets over the quarter that ended in Dec. 2023 was $2,283 Mil. Therefore, Thungela Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 48.26%.

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

The historical data trend for Thungela 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.

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Thungela Resources Gross-Profit-to-Asset % Chart

Thungela Resources Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

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43.96

15.89

82.49

107.62

45.79

Thungela Resources Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial					90.77	118.57	89.42	50.20	48.26

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

For the Thermal Coal subindustry, Thungela 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.

Thungela Resources's Gross-Profit-to-Asset % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Thungela Resources's Gross-Profit-to-Asset % distribution charts can be found below:

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

Thungela Resources Gross-Profit-to-Asset % Calculation

Thungela 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 )
	=	1108.797	/	( (2348.09	+	2494.848)	/ 2 )
	=	1108.797	/	2421.469
	=	45.79 %

Thungela Resources'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: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	1101.714	/	( (2071.348	+	2494.848)	/ 2 )
	=	1101.714	/	2283.098
	=	48.26 %

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 two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

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

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Thungela Resources (Thungela Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Thungela Resources Ltd (OTCPK:TNGRF) » Definitions » Gross-Profit-to-Asset %

Traded in Other Exchanges

TGA:South Africa TGAl:UK TGA:UK 6UP:Germany

Address

25 Bath Avenue, Rosebank, Johannesburg, GT, ZAF, 2196

Website

https://www.thungela.com

Thungela Resources Ltd is a pure-play producer and exporter of thermal coal in South Africa. It owns interests in various mining operations, namely Goedehoop, Greenside, Isibonelo, Khwezela, AAIC, Mafube Coal Mining and Butsanani Energy which consist of both underground and open cast mines located in the Mpumalanga province of South Africa.

Thungela Resources (Thungela Resources) Headlines

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