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GoldMining (TSX:GOLD) Gross-Profit-to-Asset % : -0.22% (As of Feb. 2024)


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What is GoldMining 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. GoldMining's annualized Gross Profit for the quarter that ended in Feb. 2024 was C$-0.31 Mil. GoldMining's average Total Assets over the quarter that ended in Feb. 2024 was C$138.16 Mil. Therefore, GoldMining's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 was -0.22%.


GoldMining Gross-Profit-to-Asset % Historical Data

The historical data trend for GoldMining'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.

GoldMining Gross-Profit-to-Asset % Chart

GoldMining Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.30 -0.40 -0.14 -0.12 -0.14

GoldMining Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -0.12 -0.11 -0.14 -0.20 -0.22

Competitive Comparison of GoldMining's Gross-Profit-to-Asset %

For the Gold subindustry, GoldMining'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.


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

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

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



GoldMining Gross-Profit-to-Asset % Calculation

GoldMining's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Nov. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Nov. 2023 )/( (Total Assets (A: Nov. 2022 )+Total Assets (A: Nov. 2023 ))/ count )
=-0.202/( (147.329+136.878)/ 2 )
=-0.202/142.1035
=-0.14 %

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

Gross-Profit-to-Asset %=Gross Profit (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=-0.308/( (136.878+139.433)/ 2 )
=-0.308/138.1555
=-0.22 %

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


GoldMining Gross-Profit-to-Asset % Related Terms

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GoldMining (TSX:GOLD) Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 1830, Vancouver, BC, CAN, V6E 2Y3
GoldMining Inc is a mineral exploration company with a focus on the acquisition, exploration, and development of projects in Colombia, Brazil, the United States, Canada, and other regions of the Americas. The principal projects are its La Mina Gold project and its Titiribi Gold-Copper project, located in Colombia, Whistler GoldCopper Project, located in Alaska, United States, Sao Jorge Gold Project located in the State of Para, northeastern Brazil, and Yellowknife Gold Project, located in the Northwest Territories, Canada.