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Cerrado Gold (TSXV:CERT) Gross-Profit-to-Asset % : 2.22% (As of Sep. 2023)


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What is Cerrado 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. Cerrado Gold's annualized Gross Profit for the quarter that ended in Sep. 2023 was C$7.1 Mil. Cerrado Gold's average Total Assets over the quarter that ended in Sep. 2023 was C$318.5 Mil. Therefore, Cerrado Gold's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was 2.22%.


Cerrado Gold Gross-Profit-to-Asset % Historical Data

The historical data trend for Cerrado 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.

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Cerrado Gold Gross-Profit-to-Asset % Chart

Cerrado Gold Annual Data
Trend Dec21 Dec22
Gross-Profit-to-Asset %
12.44 14.56

Cerrado Gold Quarterly Data
Sep19 Mar20 Jun20 Sep20 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 0.29 19.88 15.32 8.30 2.22

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

For the Gold subindustry, Cerrado 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.


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

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

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



Cerrado Gold Gross-Profit-to-Asset % Calculation

Cerrado Gold'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 )
=26.324/( (140.561+220.955)/ 2 )
=26.324/180.758
=14.56 %

Cerrado Gold'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 )
=7.056/( (299.215+337.842)/ 2 )
=7.056/318.5285
=2.22 %

* 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.


Cerrado Gold Gross-Profit-to-Asset % Related Terms

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Cerrado Gold (TSXV:CERT) Business Description

Traded in Other Exchanges
Address
200 Bay Street, Suite 3205, Toronto, ON, CAN, M5J 2J2
Cerrado Gold Inc is a precious metals mining and exploration company building a portfolio of assets in South America. The company owns Minera Don Nicolas Project, located in Santa Cruz, Argentina. It is also focused on exploration at its Monte do Carmo gold Project in Tocantins State, Brazil.