GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Signature Resources Ltd (OTCPK:SGGTF) » Definitions » Gross-Profit-to-Asset %

SGGTF (Signature Resources) Gross-Profit-to-Asset % : -15.94% (As of Jul. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Signature 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. Signature Resources's annualized Gross Profit for the quarter that ended in Jul. 2024 was $-0.21 Mil. Signature Resources's average Total Assets over the quarter that ended in Jul. 2024 was $1.33 Mil. Therefore, Signature Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Jul. 2024 was -15.94%.


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

The historical data trend for Signature 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.

* Premium members only.

Signature Resources Gross-Profit-to-Asset % Chart

Signature Resources Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.93 -1.19 -4.19 -15.43 -31.48

Signature Resources Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 -29.47 -34.59 -30.09 -26.49 -15.94

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

For the Gold subindustry, Signature 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.


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

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

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



Signature Resources Gross-Profit-to-Asset % Calculation

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

Gross-Profit-to-Asset %=Gross Profit (A: Oct. 2023 )/( (Total Assets (A: Oct. 2022 )+Total Assets (A: Oct. 2023 ))/ count )
=-0.26/( (0.956+0.696)/ 2 )
=-0.26/0.826
=-31.48 %

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

Gross-Profit-to-Asset %=Gross Profit (Q: Jul. 2024 )/( (Total Assets (Q: Apr. 2024 )+Total Assets (Q: Jul. 2024 ))/ count )
=-0.212/( (0.803+1.857)/ 2 )
=-0.212/1.33
=-15.94 %

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


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

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


Signature Resources Business Description

Traded in Other Exchanges
Address
401 Bay Street, Box 4, Suite 2704, Toronto, ON, CAN, M5H 2Y4
Signature Resources Ltd is a Canadian based advanced stage exploration company focused on expanding the hundred percent owned Lingman Lake Gold zone, located within the prolific Red Lake district in Northwestern Ontario, Canada. The Company's principal business activities include the acquisition and exploration of mineral resource assets in Canada, with a focus on precious metals. The project has a Two hundred thirty four thousand ounces of historical high-grade gold resource estimate that is contained within the first one hundred eighty meters of surface and open in all directions.