Deterra Royalties (ASX:DRR) Gross-Profit-to-Asset % : 222.19% (As of Dec. 2023)

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What is Deterra Royalties 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. Deterra Royalties's annualized Gross Profit for the quarter that ended in Dec. 2023 was A$238.0 Mil. Deterra Royalties's average Total Assets over the quarter that ended in Dec. 2023 was A$107.1 Mil. Therefore, Deterra Royalties's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 222.19%.

Deterra Royalties Gross-Profit-to-Asset % Historical Data

The historical data trend for Deterra Royalties'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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Deterra Royalties Gross-Profit-to-Asset % Chart

Deterra Royalties Annual Data

Trend

Jun21

Jun22

Jun23

Gross-Profit-to-Asset %

162.99

219.70

172.53

Deterra Royalties Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial			228.86	305.68	166.40	275.43	222.19

Competitive Comparison of Deterra Royalties's Gross-Profit-to-Asset %

For the Other Industrial Metals & Mining subindustry, Deterra Royalties'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.

Deterra Royalties's Gross-Profit-to-Asset % Distribution in the Metals & Mining Industry

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

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

Deterra Royalties Gross-Profit-to-Asset % Calculation

Deterra Royalties'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 )
	=	229.264	/	( (152.29	+	113.473)	/ 2 )
	=	229.264	/	132.8815
	=	172.53 %

Deterra Royalties'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 )
	=	237.968	/	( (113.473	+	100.725)	/ 2 )
	=	237.968	/	107.099
	=	222.19 %

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.

Deterra Royalties Gross-Profit-to-Asset % Related Terms

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Deterra Royalties (ASX:DRR) Business Description

Industry

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Traded in Other Exchanges

DETRF:USA

Address

140 St Georges Terrace, Level 16, Perth, WA, AUS, 6000

Website

https://www.iluka.com

Deterra Royalties was spun out from Iluka Resources in October 2020 with Iluka retaining a 20% interest. Its only material income generating asset is a royalty covering iron ore produced by BHP from the Mining Area C royalty area, located in the Pilbara region of Western Australia. The royalty area includes the North Flank mine, producing approximately 60 million metric tons of iron ore a year, and the South Flank mine, expected to add a further 85 million metric tons a year by 2024 after producing first ore in 2021. The MAC royalty area also covers most of the Tandanya and Mudlark deposits, which BHP intends to develop in the longer term as part of its plan to operate the MAC production hub for at least 50 years. Deterra's strategy is to grow into a diversified royalty company.