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Nevada King Gold (TSXV:NKG) Gross-Profit-to-Asset % : -0.13% (As of Dec. 2023)


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What is Nevada King Gold 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. Nevada King Gold's annualized Gross Profit for the quarter that ended in Dec. 2023 was C$-0.05 Mil. Nevada King Gold's average Total Assets over the quarter that ended in Dec. 2023 was C$37.06 Mil. Therefore, Nevada King Gold's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was -0.13%.


Nevada King Gold Gross-Profit-to-Asset % Historical Data

The historical data trend for Nevada King Gold'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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Nevada King Gold Gross-Profit-to-Asset % Chart

Nevada King Gold Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.05 -0.07

Nevada King Gold Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 -0.04 -0.04 -0.08 -0.11 -0.13

Competitive Comparison of Nevada King Gold's Gross-Profit-to-Asset %

For the Other Industrial Metals & Mining subindustry, Nevada King Gold'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.


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

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

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



Nevada King Gold Gross-Profit-to-Asset % Calculation

Nevada King Gold's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=-0.037/( (70.655+37.664)/ 2 )
=-0.037/54.1595
=-0.07 %

Nevada King Gold'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 )
=-0.048/( (40.971+33.139)/ 2 )
=-0.048/37.055
=-0.13 %

* 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.


Nevada King Gold Gross-Profit-to-Asset % Related Terms

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Nevada King Gold (TSXV:NKG) Business Description

Traded in Other Exchanges
Address
1600 - 595 Burrard Street, Vancouver, BC, CAN, V7X 1L4
Nevada King Gold Corp is a mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties in Nevada. The company's project portfolio includes Atlanta, Lewis, Horse Mtn. mill creek, iron and other seven projects.
Executives
Michael A Parker 10% Security Holder

Nevada King Gold (TSXV:NKG) Headlines