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K92 Mining (TSX:KNT) Gross-Profit-to-Asset % : 18.17% (As of Mar. 2024)


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What is K92 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. K92 Mining's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$102.1 Mil. K92 Mining's average Total Assets over the quarter that ended in Mar. 2024 was C$562.3 Mil. Therefore, K92 Mining's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 18.17%.


K92 Mining Gross-Profit-to-Asset % Historical Data

The historical data trend for K92 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.

* Premium members only.

K92 Mining Gross-Profit-to-Asset % Chart

K92 Mining Annual Data
Trend Aug14 Aug15 Aug16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.82 45.67 29.03 29.24 22.51

K92 Mining Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.95 23.38 10.68 39.09 18.17

Competitive Comparison of K92 Mining's Gross-Profit-to-Asset %

For the Gold subindustry, K92 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.


K92 Mining's Gross-Profit-to-Asset % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, K92 Mining's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where K92 Mining's Gross-Profit-to-Asset % falls into.



K92 Mining Gross-Profit-to-Asset % Calculation

K92 Mining'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 )
=119.012/( (503.616+553.855)/ 2 )
=119.012/528.7355
=22.51 %

K92 Mining'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 )
=102.144/( (553.855+570.751)/ 2 )
=102.144/562.303
=18.17 %

* 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.


K92 Mining Gross-Profit-to-Asset % Related Terms

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K92 Mining (TSX:KNT) Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 488, Vancouver, BC, CAN, V6E 3V7
K92 Mining Inc is engaged in the exploration, development and mining of mineral deposits in Papua New Guinea, specifically the Kainantu Project.
Executives
Nancy Carol La Couvee Senior Officer
Saurabh Handa Director
John Lewins Director
David Gregory Medilek Senior Officer

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