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Sorrento Resources (XCNQ:SRS) Gross-Profit-to-Asset % : 0.00% (As of Dec. 2023)


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What is Sorrento 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. Sorrento Resources's annualized Gross Profit for the quarter that ended in Dec. 2023 was C$0.00 Mil. Sorrento Resources's average Total Assets over the quarter that ended in Dec. 2023 was C$0.94 Mil. Therefore, Sorrento Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 0.00%.


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

The historical data trend for Sorrento 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.

Sorrento Resources Gross-Profit-to-Asset % Chart

Sorrento Resources Annual Data
Trend Jun22 Jun23
Gross-Profit-to-Asset %
- -

Sorrento Resources Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only - - - - -

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

For the Other Industrial Metals & Mining subindustry, Sorrento 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.


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

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

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



Sorrento Resources Gross-Profit-to-Asset % Calculation

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

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=0/( (0.341+1.062)/ 2 )
=0/0.7015
=0.00 %

Sorrento Resources'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/( (0.829+1.043)/ 2 )
=0/0.936
=0.00 %

* 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.


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

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Sorrento Resources (XCNQ:SRS) Business Description

Traded in Other Exchanges
Address
9285 - 203B Street, Langley, BC, CAN, V1M 2L9
Sorrento Resources Ltd engages in the exploration, development, and exploitation of mineral resources in Canada. Its projects include Wing Pond project, Harmsworth project, PEG lithium project, Silver Mountain project and others.
Executives
Blair Lawrence Naughty 10% Security Holder

Sorrento Resources (XCNQ:SRS) Headlines