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Stornoway Diamond (Stornoway Diamond) Gross-Profit-to-Asset % : 53.62% (As of Jun. 2019)


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What is Stornoway Diamond 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. Stornoway Diamond's annualized Gross Profit for the quarter that ended in Jun. 2019 was $337.5 Mil. Stornoway Diamond's average Total Assets over the quarter that ended in Jun. 2019 was $629.5 Mil. Therefore, Stornoway Diamond's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2019 was 53.62%.


Stornoway Diamond Gross-Profit-to-Asset % Historical Data

The historical data trend for Stornoway Diamond'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.

Stornoway Diamond Gross-Profit-to-Asset % Chart

Stornoway Diamond Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Dec16 Dec17 Dec18
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 3.76 -5.02

Stornoway Diamond Quarterly Data
Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 Premium Member Only Premium Member Only -5.42 -7.89 -10.02 -8.81 53.62

Competitive Comparison of Stornoway Diamond's Gross-Profit-to-Asset %

For the Other Precious Metals & Mining subindustry, Stornoway Diamond'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.


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

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

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



Stornoway Diamond Gross-Profit-to-Asset % Calculation

Stornoway Diamond's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2018 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2018 )/( (Total Assets (A: Dec. 2017 )+Total Assets (A: Dec. 2018 ))/ count )
=-45.889/( (983.867+843.333)/ 2 )
=-45.889/913.6
=-5.02 %

Stornoway Diamond's annualized Gross-Profit-to-Asset % for the quarter that ended in Jun. 2019 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jun. 2019 )/( (Total Assets (Q: Mar. 2019 )+Total Assets (Q: Jun. 2019 ))/ count )
=337.516/( (818.121+440.78)/ 2 )
=337.516/629.4505
=53.62 %

* 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 (Jun. 2019) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Stornoway Diamond Gross-Profit-to-Asset % Related Terms

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Stornoway Diamond (Stornoway Diamond) Business Description

Traded in Other Exchanges
N/A
Address
1111 St. Charles Street West, Tour Ouest, Suite 400, Longueuil, QC, CAN, J4K 5G4
Stornoway Diamond Corp is a leading Canadian diamond exploration and producing company. Its principal business is the development of its flagship asset, the fully-owned Renard Mine, located in Quebec, Canada. The company intends to grow its business through the exploration and development of its mines. Stornoway also holds interests in a portfolio of exploration assets across Canada through owned properties and joint ventures. These properties and joint ventures include projects such as Adamantin, Qilalugaq and Pikoo.

Stornoway Diamond (Stornoway Diamond) Headlines

From GuruFocus

Stornoway Announces Board Appointment

By GlobeNewswire GlobeNewswire 06-13-2018

Stornoway Receives Notice of Delisting Review by TSX

By GlobeNewswire GlobeNewswire 08-22-2019

Stornoway Announces Recommencement of Renard Mine Operations

By GlobeNewswire GlobeNewswire 07-04-2018

Stornoway Granted Approval and Vesting Order

By GlobeNewswire GlobeNewswire 10-07-2019