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Gabo Mining (TSXV:GAB) Gross-Profit-to-Asset % : 6.94% (As of Mar. 2024)


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What is Gabo 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. Gabo Mining's annualized Gross Profit for the quarter that ended in Mar. 2024 was C$0.02 Mil. Gabo Mining's average Total Assets over the quarter that ended in Mar. 2024 was C$0.29 Mil. Therefore, Gabo Mining's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 6.94%.


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

The historical data trend for Gabo 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.

Gabo Mining Gross-Profit-to-Asset % Chart

Gabo Mining Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -3.30 -2.59

Gabo 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 -2.22 -3.52 -5.49 -5.03 6.94

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

For the Other Industrial Metals & Mining subindustry, Gabo 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.


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

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

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



Gabo Mining Gross-Profit-to-Asset % Calculation

Gabo Mining's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=-0.019/( (1.21+0.257)/ 2 )
=-0.019/0.7335
=-2.59 %

Gabo 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 )
=0.02/( (0.319+0.257)/ 2 )
=0.02/0.288
=6.94 %

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


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

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Gabo Mining Business Description

Traded in Other Exchanges
Address
410-325 Howe Street, Vancouver, BC, CAN, V6C 1Z7
Gabo Mining Ltd is seeking opportunities in the resource sector within the Americas and has developed a proprietary process and related business model to achieve low-cost extraction of rare earth elements (REE's) from monazite. REE's are critical inputs to electric and hybrid vehicles, robotics, electronics, imaging systems, wind turbines, and strategic defense systems. GABO utilizes the Life Cycle Assessment methodology to support investment and process decision-making.

Gabo Mining Headlines

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