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Glen Eagle Resources (TSXV:GER) Gross-Profit-to-Asset % : -14.96% (As of Sep. 2023)


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What is Glen Eagle 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. Glen Eagle Resources's annualized Gross Profit for the quarter that ended in Sep. 2023 was C$-0.50 Mil. Glen Eagle Resources's average Total Assets over the quarter that ended in Sep. 2023 was C$3.37 Mil. Therefore, Glen Eagle Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2023 was -14.96%.


Glen Eagle Resources Gross-Profit-to-Asset % Historical Data

The historical data trend for Glen Eagle 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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Glen Eagle Resources Gross-Profit-to-Asset % Chart

Glen Eagle Resources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.45 -3.64 -18.84 -26.87 -29.54

Glen Eagle Resources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -29.11 -34.90 -19.22 -18.80 -14.96

Competitive Comparison of Glen Eagle Resources's Gross-Profit-to-Asset %

For the Other Industrial Metals & Mining subindustry, Glen Eagle 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.


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

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

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



Glen Eagle Resources Gross-Profit-to-Asset % Calculation

Glen Eagle Resources'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 )
=-1.204/( (3.426+4.727)/ 2 )
=-1.204/4.0765
=-29.54 %

Glen Eagle Resources'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 )
=-0.504/( (3.609+3.131)/ 2 )
=-0.504/3.37
=-14.96 %

* 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.


Glen Eagle Resources Gross-Profit-to-Asset % Related Terms

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Glen Eagle Resources (TSXV:GER) Business Description

Traded in Other Exchanges
Address
3650 F Boulevard Matte, Brossard, QC, CAN, J4Y 2Z2
Glen Eagle Resources Inc is a Canada-based company engaged in the acquisition, exploration and evaluation of mining properties. The company currently operates in two segments which are the acquisition, exploration, evaluation, and development of mineral properties, recovery of gold and silver from tailings and recovery of gold from rocks. The corporation's activities are conducted in Quebec (Canada), and Honduras. Its properties include Moose Lake in Canada; Project Cobra Oro 1, and Project Cobra Oro 2 in Honduras.
Executives
Guy Chamard Director

Glen Eagle Resources (TSXV:GER) Headlines

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