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Trans Canada Gold (TSXV:TTG) Gross-Profit-to-Asset % : 42.61% (As of Mar. 2024)


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What is Trans Canada Gold 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. Trans Canada Gold's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$0.50 Mil. Trans Canada Gold's average Total Assets over the quarter that ended in Mar. 2024 was C$1.16 Mil. Therefore, Trans Canada Gold's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 42.61%.


Trans Canada Gold Gross-Profit-to-Asset % Historical Data

The historical data trend for Trans Canada Gold'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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Trans Canada Gold Gross-Profit-to-Asset % Chart

Trans Canada Gold Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.91 5.43 2.26 1.08 -1.63

Trans Canada Gold 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 -3.24 -5.13 - 78.67 42.61

Competitive Comparison of Trans Canada Gold's Gross-Profit-to-Asset %

For the Oil & Gas E&P subindustry, Trans Canada Gold'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.


Trans Canada Gold's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Trans Canada Gold's Gross-Profit-to-Asset % falls into.



Trans Canada Gold Gross-Profit-to-Asset % Calculation

Trans Canada Gold's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Jun. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=-0.02/( (1.447+1.004)/ 2 )
=-0.02/1.2255
=-1.63 %

Trans Canada Gold'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 )
=0.496/( (1.16+1.168)/ 2 )
=0.496/1.164
=42.61 %

* 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.


Trans Canada Gold Gross-Profit-to-Asset % Related Terms

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Trans Canada Gold (TSXV:TTG) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 1200, Vancouver, BC, CAN, V6C 2T8
Trans Canada Gold Corp is a gold and mineral exploration and Oil & Gas Resource Development Company. It is focused on developing its District Scale Gold exploration project in Ontario. The company identifies, acquires and finances the acquisition of gold exploration properties and the ongoing development of mining and oil and gas assets. The company operates in two reportable segments, being exploration of mineral assets and petroleum production.
Executives
Daniel Scholefield 10% Security Holder

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