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Reach Resources (ASX:RR1) Gross-Profit-to-Asset % : 0.00% (As of Dec. 2023)


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What is Reach Resources 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. Reach Resources's annualized Gross Profit for the quarter that ended in Dec. 2023 was A$0.00 Mil. Reach Resources's average Total Assets over the quarter that ended in Dec. 2023 was A$8.68 Mil. Therefore, Reach Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 0.00%.


Reach Resources Gross-Profit-to-Asset % Historical Data

The historical data trend for Reach Resources'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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Reach Resources Gross-Profit-to-Asset % Chart

Reach Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross-Profit-to-Asset %
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Reach Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Reach Resources's Gross-Profit-to-Asset %

For the Gold subindustry, Reach Resources'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.


Reach Resources's Gross-Profit-to-Asset % Distribution in the Metals & Mining Industry

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

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



Reach Resources Gross-Profit-to-Asset % Calculation

Reach Resources's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=0/( (6.084+6.551)/ 2 )
=0/6.3175
=0.00 %

Reach Resources'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 )
=0/( (6.551+10.814)/ 2 )
=0/8.6825
=0.00 %

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


Reach Resources Gross-Profit-to-Asset % Related Terms

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Reach Resources (ASX:RR1) Business Description

Traded in Other Exchanges
N/A
Address
216 St Georges Terrace, Level 4, South Perth, Perth, WA, AUS, 6000
Reach Resources Ltd is a gold and base metals exploration company. It is currently involved in the Primrose Gold Project and the Skyline Rare Earth project. Skyline Rare Earth project is in the Gascoyne province of Western Australia. The Company acquired additional rare earth ground via Critical Elements Pty Ltd which is approximately 80km south of the Skyline Rare Earth project.

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