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Ridgeline Minerals (Ridgeline Minerals) Gross-Profit-to-Asset % : -0.64% (As of Sep. 2023)


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Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Ridgeline Minerals's annualized Gross Profit for the quarter that ended in Sep. 2023 was $-0.08 Mil. Ridgeline Minerals's average Total Assets over the quarter that ended in Sep. 2023 was $11.94 Mil. Therefore, Ridgeline Minerals's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was -0.64%.


Ridgeline Minerals Gross-Profit-to-Asset % Historical Data

The historical data trend for Ridgeline Minerals'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.

Ridgeline Minerals Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Gross-Profit-to-Asset %
- -0.41 -0.64 -0.86

Ridgeline Minerals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.74 -0.80 -0.46 -0.49 -0.64

Competitive Comparison

For the Gold subindustry, Ridgeline Minerals'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.


Ridgeline Minerals Gross-Profit-to-Asset % Distribution

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

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



Ridgeline Minerals Gross-Profit-to-Asset % Calculation

Ridgeline Minerals's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2022 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=-0.079/( (8.629+9.745)/ 2 )
=-0.079/9.187
=-0.86 %

Ridgeline Minerals's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=-0.076/( (12.111+11.764)/ 2 )
=-0.076/11.9375
=-0.64 %

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


Ridgeline Minerals Gross-Profit-to-Asset % Related Terms

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Ridgeline Minerals (Ridgeline Minerals) Business Description

Traded in Other Exchanges
Address
1066 West Hastings Street, Suite 1650, Vancouver, BC, CAN, V6E 3X1
Ridgeline Minerals Corp is a discovery-focused gold-silver explorer with a proven management team and an approximately 154 km exploration portfolio across four projects in the highly prospective Carlin and Battle Mountain - Eureka Trends in Nevada.