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Gold Mountain Mining (TSX:GMTN) Gross-Profit-to-Asset % : -14.92% (As of Jan. 2024)


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What is Gold Mountain Mining 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. Gold Mountain Mining's annualized Gross Profit for the quarter that ended in Jan. 2024 was C$-7.36 Mil. Gold Mountain Mining's average Total Assets over the quarter that ended in Jan. 2024 was C$49.35 Mil. Therefore, Gold Mountain Mining's annualized Gross-Profit-to-Asset % for the quarter that ended in Jan. 2024 was -14.92%.


Gold Mountain Mining Gross-Profit-to-Asset % Historical Data

The historical data trend for Gold Mountain Mining'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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Gold Mountain Mining Gross-Profit-to-Asset % Chart

Gold Mountain Mining Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial - - - 0.17 -6.71

Gold Mountain Mining Quarterly Data
Jan19 Jan20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 10.15 13.56 -2.48 -22.25 -14.92

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

For the Gold subindustry, Gold Mountain Mining'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.


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

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

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



Gold Mountain Mining Gross-Profit-to-Asset % Calculation

Gold Mountain Mining's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jan. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jan. 2024 )/( (Total Assets (A: Jan. 2023 )+Total Assets (A: Jan. 2024 ))/ count )
=-3.231/( (46.016+50.349)/ 2 )
=-3.231/48.1825
=-6.71 %

Gold Mountain Mining's annualized Gross-Profit-to-Asset % for the quarter that ended in Jan. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=-7.364/( (48.358+50.349)/ 2 )
=-7.364/49.3535
=-14.92 %

* 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 (Jan. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Gold Mountain Mining Gross-Profit-to-Asset % Related Terms

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Gold Mountain Mining (TSX:GMTN) Business Description

Traded in Other Exchanges
Address
1285 West Pender Street, Suite 1000, Vancouver, BC, CAN, V6E 4B1
Gold Mountain Mining Corp is a gold and silver exploration and development company. It focuses on the expansion of the resource at the Elk Gold Project, a past-producing mine located 57 km from Merritt in South Central British Columbia. It operates in a single segment, being the production of crushed ore and mineral exploration and development of resources.

Gold Mountain Mining (TSX:GMTN) Headlines

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