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Kore Mining (TSXV:KORE) Gross-Profit-to-Asset % : -2.00% (As of Dec. 2023)


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What is Kore Mining 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. Kore Mining's annualized Gross Profit for the quarter that ended in Dec. 2023 was C$-0.04 Mil. Kore Mining's average Total Assets over the quarter that ended in Dec. 2023 was C$2.21 Mil. Therefore, Kore Mining's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was -2.00%.


Kore Mining Gross-Profit-to-Asset % Historical Data

The historical data trend for Kore Mining'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.

Kore Mining Gross-Profit-to-Asset % Chart

Kore Mining Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.30 -1.73 -4.03 -3.85

Kore Mining 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 -6.06 -4.31 -6.98 -2.39 -2.00

Competitive Comparison of Kore Mining's Gross-Profit-to-Asset %

For the Gold subindustry, Kore Mining'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.


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

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

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



Kore Mining Gross-Profit-to-Asset % Calculation

Kore Mining'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 )
=-0.105/( (3.321+2.131)/ 2 )
=-0.105/2.726
=-3.85 %

Kore Mining'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 )
=-0.044/( (2.279+2.131)/ 2 )
=-0.044/2.205
=-2.00 %

* 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.


Kore Mining Gross-Profit-to-Asset % Related Terms

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Kore Mining (TSXV:KORE) Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 960, Vancouver, BC, CAN, V6B 0B8
Kore Mining Ltd is an exploration and development stage company. It is engaged in the acquisition, exploration, and development of exploration and evaluation properties in the United States and Canada. The company owns interests in the Imperial and Long Valley gold development projects, located in California, USA, as well as projects in British Columbia, Canada.
Executives
James Warwick Hynes Director, Senior Officer