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Pangea Natural Foods (Pangea Natural Foods) Gross-Profit-to-Asset % : 2.75% (As of Jan. 2024)


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What is Pangea Natural Foods 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. Pangea Natural Foods's annualized Gross Profit for the quarter that ended in Jan. 2024 was $0.00 Mil. Pangea Natural Foods's average Total Assets over the quarter that ended in Jan. 2024 was $0.15 Mil. Therefore, Pangea Natural Foods's annualized Gross-Profit-to-Asset % for the quarter that ended in Jan. 2024 was 2.75%.

Pangea Natural Foods Gross-Profit-to-Asset % Historical Data

The historical data trend for Pangea Natural Foods'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.

Pangea Natural Foods Gross-Profit-to-Asset % Chart

Pangea Natural Foods Annual Data
Trend Oct21 Oct22 Oct23
Gross-Profit-to-Asset %
- 4.15 -9.47

Pangea Natural Foods Quarterly Data
Oct21 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only 4.23 0.84 0.80 -43.43 2.75

Competitive Comparison of Pangea Natural Foods's Gross-Profit-to-Asset %

For the Packaged Foods subindustry, Pangea Natural Foods'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.

Pangea Natural Foods's Gross-Profit-to-Asset % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pangea Natural Foods's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Pangea Natural Foods's Gross-Profit-to-Asset % falls into.


Pangea Natural Foods Gross-Profit-to-Asset % Calculation

Pangea Natural Foods's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Oct. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Oct. 2023 )/( (Total Assets (A: Oct. 2022 )+Total Assets (A: Oct. 2023 ))/ count )
=-0.024/( (0.367+0.14)/ 2 )
=-0.024/0.2535
=-9.47 %

Pangea Natural Foods'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 )
=0.004/( (0.14+0.151)/ 2 )
=0.004/0.1455
=2.75 %

* 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.

Pangea Natural Foods Gross-Profit-to-Asset % Related Terms

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Pangea Natural Foods (Pangea Natural Foods) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pangea Natural Foods Inc (OTCPK:PNGAF) » Definitions » Gross-Profit-to-Asset %
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Traded in Other Exchanges
PNGA:Canada
Address
8035 - 130th Street, Surrey, BC, CAN, V3W 0H7
Website
https://www.pangeafood.com
Pangea Natural Foods Inc engages in the production and sale of plant-based patties. Pangea manufactures the plant-based patties at the Facility in the Vancouver lower mainland and sells the patties through multiple distribution channels including online sales platforms and retailers. The Company currently has one reportable operating segment, the manufacturing and distribution of food products in Canada.