i-80 Gold (TSX:IAU) Gross-Profit-to-Asset % : 1.28% (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is i-80 Gold 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. i-80 Gold's annualized Gross Profit for the quarter that ended in Dec. 2023 was C$12.60 Mil. i-80 Gold's average Total Assets over the quarter that ended in Dec. 2023 was C$985.04 Mil. Therefore, i-80 Gold's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 1.28%.

i-80 Gold Gross-Profit-to-Asset % Historical Data

The historical data trend for i-80 Gold'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.

i-80 Gold Gross-Profit-to-Asset % Chart

i-80 Gold Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Gross-Profit-to-Asset %

0.57

-0.75

i-80 Gold Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial										-2.12	-2.10	-2.04	-0.26	1.28

Competitive Comparison of i-80 Gold's Gross-Profit-to-Asset %

For the Gold subindustry, i-80 Gold'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.

i-80 Gold's Gross-Profit-to-Asset % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, i-80 Gold's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where i-80 Gold's Gross-Profit-to-Asset % falls into.

i-80 Gold Gross-Profit-to-Asset % Calculation

i-80 Gold'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 )
	=	-6.901	/	( (872.101	+	970.907)	/ 2 )
	=	-6.901	/	921.504
	=	-0.75 %

i-80 Gold'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: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	12.596	/	( (999.174	+	970.907)	/ 2 )
	=	12.596	/	985.0405
	=	1.28 %

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

i-80 Gold Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of i-80 Gold's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.

i-80 Gold (TSX:IAU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » i-80 Gold Corp (TSX:IAU) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

IAUX:USA 8JI:Germany

Address

1100 Russell Street, Thunder Bay, ON, CAN, P7B 5N2

Website

https://www.i80gold.com

i-80 Gold Corp is a well-financed gold producer and developer holding an impressive portfolio of advanced-stage gold projects in the State of Nevada. The company's primary goal is to build a self-sustaining, mid-tier, mining company with a peer-best growth platform by employing a methodical, capital disciplined and staged approach to minimize risk while also assessing and monitoring for accretive growth opportunities.

Executives

John Seaman

Director