ASA Gross Profit from 2010 to 2024

ASA Stock  USD 20.28  0.02  0.1%   
ASA Gold's Gross Profit is decreasing over the years with very volatile fluctuation. Gross Profit is expected to dwindle to about 2.6 M. Gross Profit is the profit ASA Gold and makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2000-02-29
Previous Quarter
559.4 K
Current Value
474.8 K
Quarterly Volatility
2.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ASA Gold financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ASA Gold's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Total Revenue of 2.6 M or Gross Profit of 2.6 M, as well as many indicators such as Price To Sales Ratio of 150, Dividend Yield of 0.0 or PTB Ratio of 0.78. ASA financial statements analysis is a perfect complement when working with ASA Gold Valuation or Volatility modules.
  
Check out the analysis of ASA Gold Correlation against competitors.

Latest ASA Gold's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of ASA Gold and over the last few years. Gross profit is a required income statement account that reflects total revenue of ASA Gold and minus its cost of goods sold. It is profit before ASA Gold operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. ASA Gold's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ASA Gold's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 2.55 M10 Years Trend
Very volatile
   Gross Profit   
       Timeline  

ASA Gross Profit Regression Statistics

Arithmetic Mean13,746,072
Geometric Mean9,459,849
Coefficient Of Variation522.53
Mean Deviation43,224,734
Median3,280,000
Standard Deviation71,827,997
Sample Variance5159.3T
Range334.4M
R-Value(0.07)
Mean Square Error5526.5T
R-Squared0.01
Significance0.80
Slope(1,172,963)
Total Sum of Squares72229.7T

ASA Gross Profit History

20242.6 M
20232.8 M
20222.4 M
2021-154.8 M
202019.3 M
2019179.7 M
201893.7 M

Other Fundumenentals of ASA Gold

ASA Gold Gross Profit component correlations

About ASA Gold Financial Statements

ASA Gold stakeholders use historical fundamental indicators, such as ASA Gold's Gross Profit, to determine how well the company is positioned to perform in the future. Although ASA Gold investors may analyze each financial statement separately, they are all interrelated. For example, changes in ASA Gold's assets and liabilities are reflected in the revenues and expenses on ASA Gold's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in ASA Gold and. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit2.8 M2.6 M
Gross Profit Margin 1.18  0.99 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether ASA Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ASA Gold's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Asa Gold And Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Asa Gold And Stock:
Check out the analysis of ASA Gold Correlation against competitors.
You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ASA Gold. If investors know ASA will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ASA Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.282
Dividend Share
0.03
Earnings Share
3.25
Revenue Per Share
0.104
Quarterly Revenue Growth
(0.44)
The market value of ASA Gold is measured differently than its book value, which is the value of ASA that is recorded on the company's balance sheet. Investors also form their own opinion of ASA Gold's value that differs from its market value or its book value, called intrinsic value, which is ASA Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ASA Gold's market value can be influenced by many factors that don't directly affect ASA Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ASA Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASA Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASA Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.