Foremost Gross Profit from 2010 to 2024

FMST Stock   1.43  0.15  11.72%   
Foremost Lithium Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit will likely drop to -5.31 in 2024. Gross Profit is the profit Foremost Lithium Resource 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
2010-12-31
Previous Quarter
(5.06)
Current Value
(5.31)
Quarterly Volatility
1.8 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Foremost Lithium financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Foremost Lithium's main balance sheet or income statement drivers, such as Selling General Administrative of 2.1 M, Other Operating Expenses of 2.5 M or Total Operating Expenses of 2.5 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.33. Foremost financial statements analysis is a perfect complement when working with Foremost Lithium Valuation or Volatility modules.
  
Check out the analysis of Foremost Lithium Correlation against competitors.

Latest Foremost Lithium's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Foremost Lithium Resource over the last few years. Gross profit is a required income statement account that reflects total revenue of Foremost Lithium Resource minus its cost of goods sold. It is profit before Foremost Lithium 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. Foremost Lithium's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Foremost Lithium's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 010 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Foremost Gross Profit Regression Statistics

Arithmetic Mean(2,515)
Geometric Mean0.00
Coefficient Of Variation(73.08)
Mean Deviation1,674
Median(3,770)
Standard Deviation1,838
Sample Variance3.4M
Range3.8K
R-Value0.82
Mean Square Error1.2M
R-Squared0.67
Significance0.0002
Slope336.22
Total Sum of Squares47.3M

Foremost Gross Profit History

2024 -5.31
2023 -5.06
2021 -4.4
2020null

Other Fundumenentals of Foremost Lithium Resource

Foremost Lithium Gross Profit component correlations

1.00.12-0.930.990.970.520.910.86-0.960.590.90.840.85-0.890.850.88-0.680.84-0.72
1.00.09-0.940.990.960.540.920.83-0.960.590.910.820.82-0.870.830.86-0.650.83-0.71
0.120.09-0.060.130.25-0.76-0.10.33-0.070.370.110.330.34-0.360.360.33-0.360.33-0.17
-0.93-0.94-0.06-0.95-0.84-0.47-0.91-0.640.86-0.77-0.97-0.79-0.690.81-0.63-0.770.49-0.790.51
0.990.990.13-0.950.960.50.910.82-0.950.640.920.830.82-0.880.820.86-0.650.83-0.69
0.970.960.25-0.840.960.440.840.94-0.940.550.820.870.91-0.930.940.92-0.770.87-0.77
0.520.54-0.76-0.470.50.440.640.36-0.55-0.020.410.270.31-0.280.330.31-0.230.28-0.35
0.910.92-0.1-0.910.910.840.640.73-0.850.540.880.770.72-0.820.710.77-0.660.77-0.5
0.860.830.33-0.640.820.940.360.73-0.830.360.650.80.93-0.881.00.88-0.910.81-0.71
-0.96-0.96-0.070.86-0.95-0.94-0.55-0.85-0.83-0.49-0.82-0.82-0.840.84-0.83-0.880.61-0.830.81
0.590.590.37-0.770.640.55-0.020.540.36-0.490.770.690.48-0.670.350.6-0.240.68-0.22
0.90.910.11-0.970.920.820.410.880.65-0.820.770.830.75-0.80.640.8-0.520.82-0.39
0.840.820.33-0.790.830.870.270.770.8-0.820.690.830.93-0.950.80.98-0.661.0-0.55
0.850.820.34-0.690.820.910.310.720.93-0.840.480.750.93-0.90.930.97-0.810.93-0.6
-0.89-0.87-0.360.81-0.88-0.93-0.28-0.82-0.880.84-0.67-0.8-0.95-0.9-0.88-0.960.76-0.950.66
0.850.830.36-0.630.820.940.330.711.0-0.830.350.640.80.93-0.880.88-0.910.8-0.72
0.880.860.33-0.770.860.920.310.770.88-0.880.60.80.980.97-0.960.88-0.720.99-0.66
-0.68-0.65-0.360.49-0.65-0.77-0.23-0.66-0.910.61-0.24-0.52-0.66-0.810.76-0.91-0.72-0.650.43
0.840.830.33-0.790.830.870.280.770.81-0.830.680.821.00.93-0.950.80.99-0.65-0.57
-0.72-0.71-0.170.51-0.69-0.77-0.35-0.5-0.710.81-0.22-0.39-0.55-0.60.66-0.72-0.660.43-0.57
Click cells to compare fundamentals

About Foremost Lithium Financial Statements

Foremost Lithium shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Foremost Lithium investors may analyze each financial statement separately, they are all interrelated. The changes in Foremost Lithium's assets and liabilities, for example, are also reflected in the revenues and expenses on on Foremost Lithium's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit(5.06)(5.31)

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Additional Tools for Foremost Stock Analysis

When running Foremost Lithium's price analysis, check to measure Foremost Lithium's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Foremost Lithium is operating at the current time. Most of Foremost Lithium's value examination focuses on studying past and present price action to predict the probability of Foremost Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Foremost Lithium's price. Additionally, you may evaluate how the addition of Foremost Lithium to your portfolios can decrease your overall portfolio volatility.