GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Forum Energy Metals Corp (TSXV:FMC) » Definitions » Gross-Profit-to-Asset %

Forum Energy Metals (TSXV:FMC) Gross-Profit-to-Asset % : -11.50% (As of Feb. 2024)


View and export this data going back to 1987. Start your Free Trial

What is Forum Energy 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. Forum Energy Metals's annualized Gross Profit for the quarter that ended in Feb. 2024 was C$-0.92 Mil. Forum Energy Metals's average Total Assets over the quarter that ended in Feb. 2024 was C$8.00 Mil. Therefore, Forum Energy Metals's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 was -11.50%.


Forum Energy Metals Gross-Profit-to-Asset % Historical Data

The historical data trend for Forum Energy 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.

* Premium members only.

Forum Energy Metals Gross-Profit-to-Asset % Chart

Forum Energy Metals 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 -10.21 -8.63 -64.55 -0.06 -0.56

Forum Energy Metals 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 -186.61 -0.12 -0.66 -1.06 -11.50

Competitive Comparison of Forum Energy Metals's Gross-Profit-to-Asset %

For the Other Industrial Metals & Mining subindustry, Forum Energy 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.


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

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

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



Forum Energy Metals Gross-Profit-to-Asset % Calculation

Forum Energy Metals'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 )
=-0.019/( (3.363+3.449)/ 2 )
=-0.019/3.406
=-0.56 %

Forum Energy Metals'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 )
=-0.92/( (3.449+12.546)/ 2 )
=-0.92/7.9975
=-11.50 %

* 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.


Forum Energy Metals Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Forum Energy Metals's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.


Forum Energy Metals (TSXV:FMC) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Forum Energy Metals Corp is a Canadian-based mineral resource company focused on the acquisition, exploration, and development of energy metals: copper, cobalt, uranium, and palladium. Its projects include Fir Island uranium property, Henday Lake uranium property, Janice Lake Sedimentary Copper Project, Love Lake Copper-Nickel-Palladium Project, Quartz Gulch Cobalt Project, Idaho, Key Lake Road uranium project, Maurice Point uranium project, and North West Athabasca among others.
Executives
Richard James Mazur Director, Senior Officer

Forum Energy Metals (TSXV:FMC) Headlines

From GuruFocus

Q1 2023 FMC Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2021 FMC Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2022 FMC Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2021 FMC Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024

FMC Corp to Acquire BioPhero ApS - M&A Call Transcript

By GuruFocus Research 01-23-2024

Q3 2022 FMC Corp Earnings Call Transcript

By GuruFocus Research 01-23-2024