Volta Metals (XCNQ:VLTA) Gross-Profit-to-Asset % : -1.30% (As of Jun. 2024)

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What is Volta Metals 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. Volta Metals's annualized Gross Profit for the quarter that ended in Jun. 2024 was C$-0.02 Mil. Volta Metals's average Total Assets over the quarter that ended in Jun. 2024 was C$1.23 Mil. Therefore, Volta Metals's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 was -1.30%.

Volta Metals Gross-Profit-to-Asset % Historical Data

The historical data trend for Volta Metals'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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Volta Metals Gross-Profit-to-Asset % Chart

Volta Metals Annual Data

Trend

Dec22

Dec23

Gross-Profit-to-Asset %

-1.26

Volta Metals Quarterly Data
	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial			-0.70	-0.70	-0.91	-1.01	-1.30

Competitive Comparison of Volta Metals's Gross-Profit-to-Asset %

For the Other Industrial Metals & Mining subindustry, Volta Metals'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.

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

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

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

Volta Metals Gross-Profit-to-Asset % Calculation

Volta Metals'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 )
	=	-0.009	/	( (0.196	+	1.237)	/ 2 )
	=	-0.009	/	0.7165
	=	-1.26 %

Volta Metals's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	-0.016	/	( (1.15	+	1.307)	/ 2 )
	=	-0.016	/	1.2285
	=	-1.30 %

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 (Jun. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Volta Metals Gross-Profit-to-Asset % Related Terms

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Volta Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Volta Metals Ltd (XCNQ:VLTA) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

D0W:Germany

Address

390 Bay Street, Suite 700a, Toronto, ON, CAN, M5H 2Y2

Website

https://www.voltametals.ca

Volta Metals Ltd is a mineral exploration company focused on lithium, cesium and tantalum exploration in Canada, and led by a group of mining professionals. It is currently exploring a critical minerals portfolio of lithium, cesium and tantalum projects in northwestern Ontario, which is considered to be one of the more prolific emerging hard-rock lithium districts globally. The company's projects include Flacon west project, Root Project, White Lights Project, Kim Lake & Store Lake Project, Junior Lake Project, and Crescent Lake Project.

Executives

Kerem Usenmez

Senior Officer