Vortex Energy (XCNQ:VRTX) Gross-Profit-to-Asset % : -1.11% (As of Mar. 2024)

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What is Vortex Energy 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. Vortex Energy's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$-0.13 Mil. Vortex Energy's average Total Assets over the quarter that ended in Mar. 2024 was C$11.56 Mil. Therefore, Vortex Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was -1.11%.

Vortex Energy Gross-Profit-to-Asset % Historical Data

The historical data trend for Vortex Energy'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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Vortex Energy Gross-Profit-to-Asset % Chart

Vortex Energy Annual Data

Trend

Jun22

Jun23

Gross-Profit-to-Asset %

-0.57

Vortex Energy Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial				-	-2.41	-1.37	-1.19	-1.11

Competitive Comparison of Vortex Energy's Gross-Profit-to-Asset %

For the Other Industrial Metals & Mining subindustry, Vortex Energy'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.

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

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

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

Vortex Energy Gross-Profit-to-Asset % Calculation

Vortex Energy'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 )
	=	-0.031	/	( (1.767	+	9.143)	/ 2 )
	=	-0.031	/	5.455
	=	-0.57 %

Vortex Energy'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 )
	=	-0.128	/	( (10.857	+	12.265)	/ 2 )
	=	-0.128	/	11.561
	=	-1.11 %

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.

Vortex Energy Gross-Profit-to-Asset % Related Terms

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Vortex Energy (XCNQ:VRTX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Vortex Energy Corp (XCNQ:VRTX) » Definitions » Gross-Profit-to-Asset %

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Traded in Other Exchanges

VTECF:USA AA3:Germany

Address

1177 West Hastings Street, Suite 1930, Vancouver, BC, CAN, V6E 4T5

Website

Vortex Energy Corp is engaged in the acquisition, exploration, staking, and evaluation of the green energy and/or mineral exploration sector. natural resource properties in North America.

Executives