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Nevgold (TSXV:NAU) Gross-Profit-to-Asset % : -0.28% (As of Mar. 2024)


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What is Nevgold 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. Nevgold's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$-0.07 Mil. Nevgold's average Total Assets over the quarter that ended in Mar. 2024 was C$24.58 Mil. Therefore, Nevgold's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was -0.28%.


Nevgold Gross-Profit-to-Asset % Historical Data

The historical data trend for Nevgold'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.

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Nevgold Gross-Profit-to-Asset % Chart

Nevgold Annual Data
Trend Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
-0.08 -0.42 -0.33

Nevgold Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 -0.33 -0.32 -0.31 -0.38 -0.28

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

For the Other Precious Metals & Mining subindustry, Nevgold'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.


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

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

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



Nevgold Gross-Profit-to-Asset % Calculation

Nevgold'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 )
=-0.068/( (18.422+22.279)/ 2 )
=-0.068/20.3505
=-0.33 %

Nevgold'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: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-0.068/( (22.279+26.879)/ 2 )
=-0.068/24.579
=-0.28 %

* 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.


Nevgold Gross-Profit-to-Asset % Related Terms

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Nevgold (TSXV:NAU) Business Description

Traded in Other Exchanges
Address
200 Burrard Street, Suite 250, Vancouver, BC, CAN, V6C 3L6
Nevgold Corp is an exploration and development company targeting large-scale mineral systems in the proven districts of Nevada and British Columbia. NevGold owns a 100% interest in the Limousine Butte and Cedar Wash Projects in Nevada, and the Ptarmigan silver polymetallic project in Southeast British Columbia. The Company operates in one business segment which is exploration and development of resource property in Canada and the US.
Executives
Brandon Gennaro Bonifacio Senior Officer
Giulio Bonifacio Director

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