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Global Helium (XCNQ:HECO) Gross-Profit-to-Asset % : -0.44% (As of Mar. 2024)


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What is Global Helium 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. Global Helium's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$-0.04 Mil. Global Helium's average Total Assets over the quarter that ended in Mar. 2024 was C$9.05 Mil. Therefore, Global Helium's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was -0.44%.


Global Helium Gross-Profit-to-Asset % Historical Data

The historical data trend for Global Helium'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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Global Helium Gross-Profit-to-Asset % Chart

Global Helium Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
- -0.15 -0.47 -0.61

Global Helium Quarterly Data
Mar20 Jun20 Sep20 Dec20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.73 -0.76 -0.78 -0.64 -0.44

Competitive Comparison of Global Helium's Gross-Profit-to-Asset %

For the Other Industrial Metals & Mining subindustry, Global Helium'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.


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

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

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



Global Helium Gross-Profit-to-Asset % Calculation

Global Helium'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 )
=-0.051/( (7.219+9.424)/ 2 )
=-0.051/8.3215
=-0.61 %

Global Helium'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 )
=-0.04/( (9.424+8.679)/ 2 )
=-0.04/9.0515
=-0.44 %

* 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.


Global Helium Gross-Profit-to-Asset % Related Terms

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Global Helium (XCNQ:HECO) Business Description

Traded in Other Exchanges
Address
555 - 4th Avenue SW, Suite 800, Calgary, AB, CAN, T2P 3E7
Global Helium Corp is focused on the exploration, acquisition, and development of helium. The company has acquired helium exploration permits located in Saskatchewan.
Executives
Darcy Spady Director
Robert Nathan Director

Global Helium (XCNQ:HECO) Headlines