Aduro Clean Technologies (XCNQ:ACT) Gross-Profit-to-Asset % : 6.69% (As of Feb. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Aduro Clean Technologies 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. Aduro Clean Technologies's annualized Gross Profit for the quarter that ended in Feb. 2024 was C$0.42 Mil. Aduro Clean Technologies's average Total Assets over the quarter that ended in Feb. 2024 was C$6.21 Mil. Therefore, Aduro Clean Technologies's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 was 6.69%.

Aduro Clean Technologies Gross-Profit-to-Asset % Historical Data

The historical data trend for Aduro Clean Technologies'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.

* Premium members only.

Aduro Clean Technologies Gross-Profit-to-Asset % Chart

Aduro Clean Technologies Annual Data

Trend

May18

May19

May20

May21

May22

May23

Gross-Profit-to-Asset %

Get a 7-Day Free Trial

23.73

57.78

2.36

2.04

Aduro Clean Technologies Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															5.83	3.59	3.34	4.56	6.69

Competitive Comparison of Aduro Clean Technologies's Gross-Profit-to-Asset %

For the Pollution & Treatment Controls subindustry, Aduro Clean Technologies'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.

Aduro Clean Technologies's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aduro Clean Technologies's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Aduro Clean Technologies's Gross-Profit-to-Asset % falls into.

Aduro Clean Technologies Gross-Profit-to-Asset % Calculation

Aduro Clean Technologies's annualized Gross-Profit-to-Asset % for the fiscal year that ended in May. 2023 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (A: May. 2023 )	/	( (Total Assets (A: May. 2022 )	+	Total Assets (A: May. 2023 ))	/ count )
	=	0.11	/	( (3.221	+	7.581)	/ 2 )
	=	0.11	/	5.401
	=	2.04 %

Aduro Clean Technologies's annualized Gross-Profit-to-Asset % for the quarter that ended in Feb. 2024 is calculated as:

Gross-Profit-to-Asset %	=	Gross Profit (Q: Feb. 2024 )	/	( (Total Assets (Q: Nov. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
	=	0.416	/	( (6.265	+	6.164)	/ 2 )
	=	0.416	/	6.2145
	=	6.69 %

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

Aduro Clean Technologies Gross-Profit-to-Asset % Related Terms

Thank you for viewing the detailed overview of Aduro Clean Technologies's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.

Aduro Clean Technologies (XCNQ:ACT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aduro Clean Technologies Inc (XCNQ:ACT) » Definitions » Gross-Profit-to-Asset %

Comparable Companies

Traded in Other Exchanges

ACTHF:USA 9D50:Germany

Address

1086 Modeland Road, Suite 104, Sarnia, ON, CAN, N7S 6L2

Website

https://www.adurocleantech.com

Aduro Clean Technologies Inc is a developer of patented water-based technologies to chemically recycle plastics and transform heavy crude and renewable oils into feedstocks and higher-value fuels. The company's technology activates unique properties of water in a chemistry platform that operates at relatively low temperatures and costs.