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Stinger Resources (Stinger Resources) Gross-Profit-to-Asset % : -0.91% (As of Mar. 2024)


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What is Stinger 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. Stinger Resources's annualized Gross Profit for the quarter that ended in Mar. 2024 was $-0.05 Mil. Stinger Resources's average Total Assets over the quarter that ended in Mar. 2024 was $5.69 Mil. Therefore, Stinger Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was -0.91%.


Stinger Resources Gross-Profit-to-Asset % Historical Data

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

Stinger Resources Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
- -0.66 -0.87 -0.95

Stinger Resources Quarterly Data
Mar20 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.79 -0.85 -0.95 -1.08 -0.91

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

For the Other Precious Metals & Mining subindustry, Stinger 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.


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

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

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



Stinger Resources Gross-Profit-to-Asset % Calculation

Stinger Resources's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=-0.059/( (6.603+5.828)/ 2 )
=-0.059/6.2155
=-0.95 %

Stinger Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-0.052/( (5.828+5.556)/ 2 )
=-0.052/5.692
=-0.91 %

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


Stinger Resources Gross-Profit-to-Asset % Related Terms

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Stinger Resources (Stinger Resources) Business Description

Traded in Other Exchanges
Address
92-2nd Avenue West, PO Box 70, Cardston, AB, CAN, T0K 0K0
Stinger Resources Inc is engaged in the exploration and development of mineral properties in Canada. It holds interests in the properties of the Dunwell Mine, the Ample Goldmax, D1 McBride and the Gold Hill project, among others.

Stinger Resources (Stinger Resources) Headlines