Resolute Mining (Resolute Mining) Gross-Profit-to-Asset %

: 10.15% (As of Dec. 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. Resolute Mining's annualized Gross Profit for the quarter that ended in Dec. 2023 was $85.4 Mil. Resolute Mining's average Total Assets over the quarter that ended in Dec. 2023 was $841.6 Mil. Therefore, Resolute Mining's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 10.15%.

Resolute Mining Gross-Profit-to-Asset % Historical Data

The historical data trend for Resolute Mining'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.

Resolute Mining Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

4.07

4.09

3.88

9.94

13.16

Resolute Mining Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross-Profit-to-Asset %																1.40	11.05	8.92	16.63	10.15

Competitive Comparison

For the Gold subindustry, Resolute Mining'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.

Resolute Mining Gross-Profit-to-Asset % Distribution

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

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

Resolute Mining Gross-Profit-to-Asset % Calculation

Resolute Mining'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 )
	=	113.338	/	( (868.793	+	853.078)	/ 2 )
	=	113.338	/	860.9355
	=	13.16 %

Resolute Mining'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: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	85.41	/	( (830.203	+	853.078)	/ 2 )
	=	85.41	/	841.6405
	=	10.15 %

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 two times the semi-annual (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Resolute Mining Gross-Profit-to-Asset % Related Terms

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Resolute Mining (Resolute Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Resolute Mining Ltd (OTCPK:RMGGF) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

RSG:UK RSM:Germany RSG:Australia

Address

152 St Georges Terrace, Level 37, Central Park Tower, Perth, WA, AUS, 6000

Website

https://www.rml.com.au

Resolute Mining Ltd is an Australia-based gold producer. Its principal activities include gold mining, prospecting, and exploration of minerals. The company organizes its operations into three main business divisions, namely: Mako (Senegal), and Syama (Mali). The firm generates the majority of its revenue from the Syama (Mali) segment. Syama is a robust, long-life asset comprising an underground mine and associated sulphide processing circuit, along with satellite open pit operations which provide ore feed to a separate oxide processing circuit. Mako is a high-quality, open-pit gold mine.