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Gold Springs Resource (TSX:GRC) Gross-Profit-to-Asset % : -0.26% (As of Mar. 2024)


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What is Gold Springs Resource 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. Gold Springs Resource's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$-0.09 Mil. Gold Springs Resource's average Total Assets over the quarter that ended in Mar. 2024 was C$34.94 Mil. Therefore, Gold Springs Resource's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was -0.26%.


Gold Springs Resource Gross-Profit-to-Asset % Historical Data

The historical data trend for Gold Springs Resource'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.

Gold Springs Resource Gross-Profit-to-Asset % Chart

Gold Springs Resource Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 -0.06 -0.10 -0.17 -0.22

Gold Springs Resource Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 -0.28 -0.26 -0.26 -0.27 -0.26

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

For the Gold subindustry, Gold Springs Resource'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.


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

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

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



Gold Springs Resource Gross-Profit-to-Asset % Calculation

Gold Springs Resource's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=-0.073/( (32.212+35.021)/ 2 )
=-0.073/33.6165
=-0.22 %

Gold Springs Resource's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-0.092/( (34.947+34.923)/ 2 )
=-0.092/34.935
=-0.26 %

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


Gold Springs Resource Gross-Profit-to-Asset % Related Terms

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Gold Springs Resource (TSX:GRC) Business Description

Traded in Other Exchanges
Address
1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5
Gold Springs Resource Corp is a growth-focused mineral exploration company advancing the district-scale Gold Springs gold project situated in mining-friendly Nevada and Utah. The Company's activities include the acquisition, exploration and development of mineral properties. Its operations are limited to a single industry segment, being mineral exploration and development.
Executives
Horst Daspersgruber Director, Director or Senior Officer of 10% Security Holder

Gold Springs Resource (TSX:GRC) Headlines