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GFG Resources (TSXV:GFG) Gross-Profit-to-Asset % : -0.11% (As of Dec. 2023)


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What is GFG 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. GFG Resources's annualized Gross Profit for the quarter that ended in Dec. 2023 was C$-0.04 Mil. GFG Resources's average Total Assets over the quarter that ended in Dec. 2023 was C$33.02 Mil. Therefore, GFG Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was -0.11%.


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

The historical data trend for GFG 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.

* Premium members only.

GFG Resources Gross-Profit-to-Asset % Chart

GFG Resources Annual Data
Trend Feb14 Feb15 Feb16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 -0.13 -0.11 -0.10 -0.10

GFG Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.09 -0.08 -0.09 -0.11 -0.11

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

For the Gold subindustry, GFG 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.


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

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

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



GFG Resources Gross-Profit-to-Asset % Calculation

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

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=-0.035/( (39.026+33.43)/ 2 )
=-0.035/36.228
=-0.10 %

GFG 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: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-0.036/( (33.183+32.858)/ 2 )
=-0.036/33.0205
=-0.11 %

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


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

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GFG Resources (TSXV:GFG) Business Description

Traded in Other Exchanges
Address
202-640 Broadway Avenue, Saskatoon, SK, CAN, S7N 1A9
GFG Resources Inc is a precious metals exploration company. Its principal business is to acquire, explore, and develop interests in exploration and evaluation assets. The company holds an interest in the Rattlesnake Hills Gold Property which is located southwest of Casper in Central Wyoming, U.S., and Pen Gold and Dore Gold Projects located in Ontario, Canada.

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