GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Good Gamer Entertainment Inc (TSXV:GOOD) » Definitions » Gross-Profit-to-Asset %

Good Gamer Entertainment (TSXV:GOOD) Gross-Profit-to-Asset % : 6.78% (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Good Gamer Entertainment 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. Good Gamer Entertainment's annualized Gross Profit for the quarter that ended in Dec. 2023 was C$0.02 Mil. Good Gamer Entertainment's average Total Assets over the quarter that ended in Dec. 2023 was C$0.30 Mil. Therefore, Good Gamer Entertainment's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 6.78%.


Good Gamer Entertainment Gross-Profit-to-Asset % Historical Data

The historical data trend for Good Gamer Entertainment'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.

Good Gamer Entertainment Gross-Profit-to-Asset % Chart

Good Gamer Entertainment Annual Data
Trend Dec20 Dec21 Mar22 Mar23
Gross-Profit-to-Asset %
-1.97 -1.88 - 5.96

Good Gamer Entertainment Quarterly Data
Sep20 Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.57 - 1.87 -5.40 6.78

Competitive Comparison of Good Gamer Entertainment's Gross-Profit-to-Asset %

For the Electronic Gaming & Multimedia subindustry, Good Gamer Entertainment'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.


Good Gamer Entertainment's Gross-Profit-to-Asset % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Good Gamer Entertainment's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Good Gamer Entertainment's Gross-Profit-to-Asset % falls into.



Good Gamer Entertainment Gross-Profit-to-Asset % Calculation

Good Gamer Entertainment's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=0.08/( (2.086+0.597)/ 2 )
=0.08/1.3415
=5.96 %

Good Gamer Entertainment'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 )
=0.02/( (0.292+0.298)/ 2 )
=0.02/0.295
=6.78 %

* 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.


Good Gamer Entertainment Gross-Profit-to-Asset % Related Terms

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


Good Gamer Entertainment (TSXV:GOOD) Business Description

Traded in Other Exchanges
Address
700 W Pender Streets, Suite 1290, Vancouver, BC, CAN, V6B 2Z4
Good Gamer Entertainment Inc operates an online play-to-earn game discovery and entertainment platform in Canada and the United States. offers a premium real-money skill-based gaming tournament management platform that offers a win-win for gamers and developers. The Company will have the following reportable segments: display advertisements, non-fungible tokens (NFTs), search monetization, chrome extensions, corporate and development, tournament management platform (TMP), PlayCash, and Fantasy app. The majority of its revenue generates from the NFT segment. It also offers gamers the opportunity to play their favorite mobile games and win real cash prizes. Geographically it operates in USA and India.