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District Mines (TSXV:DIG.H) Gross-Profit-to-Asset % : 5.89% (As of Dec. 2023)


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What is District Mines 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. District Mines's annualized Gross Profit for the quarter that ended in Dec. 2023 was C$0.02 Mil. District Mines's average Total Assets over the quarter that ended in Dec. 2023 was C$0.27 Mil. Therefore, District Mines's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 5.89%.


District Mines Gross-Profit-to-Asset % Historical Data

The historical data trend for District Mines'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.

District Mines Gross-Profit-to-Asset % Chart

District Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.41 2.79 6.11 4.74 1.40

District Mines Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 7.40 1.09 - 1.54 5.89

Competitive Comparison of District Mines's Gross-Profit-to-Asset %

For the Oil & Gas E&P subindustry, District Mines'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.


District Mines's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, District Mines's Gross-Profit-to-Asset % distribution charts can be found below:

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



District Mines Gross-Profit-to-Asset % Calculation

District Mines'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 )
=0.005/( (0.44+0.275)/ 2 )
=0.005/0.3575
=1.40 %

District Mines's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0.016/( (0.268+0.275)/ 2 )
=0.016/0.2715
=5.89 %

* 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 (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


District Mines Gross-Profit-to-Asset % Related Terms

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District Mines (TSXV:DIG.H) Business Description

Traded in Other Exchanges
N/A
Address
1030 West Georgia, Suite 1507, Vancouver, BC, CAN, V6E 2Y3
District Mines Ltd explores and develops petroleum and natural gas reserves in Western Canada. It generates revenue from oil and gas.

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