WDGRF (Wedgemount Resources) Gross-Profit-to-Asset % : 8.74% (As of Jan. 2025)

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What is Wedgemount 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. Wedgemount Resources's annualized Gross Profit for the quarter that ended in Jan. 2025 was $0.87 Mil. Wedgemount Resources's average Total Assets over the quarter that ended in Jan. 2025 was $9.93 Mil. Therefore, Wedgemount Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Jan. 2025 was 8.74%.

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

The historical data trend for Wedgemount 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.

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Wedgemount Resources Gross-Profit-to-Asset % Chart

Wedgemount Resources Annual Data

Trend

Jul21

Jul22

Jul23

Jul24

Gross-Profit-to-Asset %

8.17

13.42

Wedgemount Resources Quarterly Data
	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Gross-Profit-to-Asset %	Get a 7-Day Free Trial												7.34	14.16	16.16	13.55	8.74

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

For the Oil & Gas E&P subindustry, Wedgemount 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.

Wedgemount Resources's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Wedgemount Resources's Gross-Profit-to-Asset % distribution charts can be found below:

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

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Wedgemount Resources Gross-Profit-to-Asset % Calculation

Wedgemount Resources's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jul. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: Jul. 2024 )	/	( (Total Assets (A: Jul. 2023 )	+	Total Assets (A: Jul. 2024 ))	/ count )
	=	0.626	/	( (3.907	+	5.419)	/ 2 )
	=	0.626	/	4.663
	=	13.42 %

Wedgemount Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Jan. 2025 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Jan. 2025 )	/	( (Total Assets (Q: Oct. 2024 )	+	Total Assets (Q: Jan. 2025 ))	/ count )
	=	0.868	/	( (9.932	+	9.921)	/ 2 )
	=	0.868	/	9.9265
	=	8.74 %

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 (Jan. 2025) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

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

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Wedgemount Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Wedgemount Resources Corp (OTCPK:WDGRF) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

WDGY:Canada

Address

2303 Lawson Avenue, West Vancouver, Vancouver, BC, CAN, V7V 2E5

Website

https://www.wedgemountresources.com

Wedgemount Resources Corp is a Vancouver based company engaged in the exploration for and the development and operation of petroleum and natural gas in the U.S.A. The company's project includes Willowbend, TCS and Millican Projects. The company is focused on consolidating oil and gas assets through the acquisition, development, and operation of distressed oil properties.