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Irving Resources (XCNQ:IRV) Gross-Profit-to-Asset % : -0.35% (As of Nov. 2023)


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What is Irving 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. Irving Resources's annualized Gross Profit for the quarter that ended in Nov. 2023 was C$-0.18 Mil. Irving Resources's average Total Assets over the quarter that ended in Nov. 2023 was C$50.41 Mil. Therefore, Irving Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Nov. 2023 was -0.35%.


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

The historical data trend for Irving 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.

* Premium members only.

Irving Resources Gross-Profit-to-Asset % Chart

Irving Resources Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial - -0.30 -0.38 -0.36 -0.49

Irving Resources Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 -0.51 -0.66 -0.31 -0.33 -0.35

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

For the Gold subindustry, Irving 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.


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

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

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



Irving Resources Gross-Profit-to-Asset % Calculation

Irving Resources's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Feb. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Feb. 2023 )/( (Total Assets (A: Feb. 2022 )+Total Assets (A: Feb. 2023 ))/ count )
=-0.218/( (38.393+49.88)/ 2 )
=-0.218/44.1365
=-0.49 %

Irving Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Nov. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Nov. 2023 )/( (Total Assets (Q: Aug. 2023 )+Total Assets (Q: Nov. 2023 ))/ count )
=-0.176/( (50.465+50.362)/ 2 )
=-0.176/50.4135
=-0.35 %

* 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 (Nov. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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

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Irving Resources (XCNQ:IRV) Business Description

Traded in Other Exchanges
Address
999 Canada Place, Suite 404, Vancouver, BC, CAN, V6C 3E2
Irving Resources Inc is a Canadian-based mineral exploration company with precious metal projects in Japan and joint venture interests with Japan Oil, Gas and Metals National Corporation (JOGMEC) in a rare earth element project in Africa and Canada. Its projects include Omu Project, Yamagano Project and Others.

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