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Labrador Iron Ore Royalty (Labrador Iron Ore Royalty) Pre-Tax Income : $176.0 Mil (TTM As of Dec. 2023)


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What is Labrador Iron Ore Royalty Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Labrador Iron Ore Royalty's pretax income for the three months ended in Dec. 2023 was $50.6 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $176.0 Mil. Labrador Iron Ore Royalty's pretax margin was 124.55%.

During the past 13 years, Labrador Iron Ore Royalty's highest Pretax Margin was 159.08%. The lowest was 75.38%. And the median was 120.03%.


Labrador Iron Ore Royalty Pre-Tax Income Historical Data

The historical data trend for Labrador Iron Ore Royalty's Pre-Tax Income 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.

Labrador Iron Ore Royalty Pre-Tax Income Chart

Labrador Iron Ore Royalty Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 186.74 217.80 347.33 243.88 176.80

Labrador Iron Ore Royalty Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pre-Tax Income 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 41.35 42.01 39.63 43.72 50.62

Competitive Comparison of Labrador Iron Ore Royalty's Pre-Tax Income

For the Steel subindustry, Labrador Iron Ore Royalty's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


Labrador Iron Ore Royalty's Pre-Tax Income Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Labrador Iron Ore Royalty's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Labrador Iron Ore Royalty's Pre-Tax Income falls into.



Labrador Iron Ore Royalty Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Labrador Iron Ore Royalty's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=112.838+63.122+0+0.843+-0.00099999999997635
=176.8

Labrador Iron Ore Royalty's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=30.827+19.533+0+0.255+0
=50.6

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $176.0 Mil.

* 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.


Labrador Iron Ore Royalty  (OTCPK:LIFZF) Pre-Tax Income Explanation

Labrador Iron Ore Royalty's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=50.615/40.637
=124.55%

During the past 13 years, Labrador Iron Ore Royalty's highest Pretax Margin was 159.08%. The lowest was 75.38%. And the median was 120.03%.

* 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.


Labrador Iron Ore Royalty Pre-Tax Income Related Terms

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Labrador Iron Ore Royalty (Labrador Iron Ore Royalty) Business Description

Traded in Other Exchanges
Address
235 Water Street, P.O. Box 610, Suite 1000, Scotia Centre, St. John’s, NL, CAN, A1C 5L3
Labrador Iron Ore Royalty Corporation is a Canadian corporation. The company generates all of its revenue from its equity investment in Iron Ore Company of Canada, (IOC) and its IOC royalty and commission interests. IOC operates a major iron mine near Labrador City, Newfoundland, and Labrador on lands leased from LIORC. Directly and through its wholly-owned subsidiary, Hollinger-Hanna, LIORC owns an equity interest in IOC and receives gross overriding royalty on all iron ore products produced from the leased lands that are sold and shipped by IOC and commission on IOC's sales of iron ore. IOC is a Canadian producer of iron ore pellets and concentrate, serving customers worldwide.

Labrador Iron Ore Royalty (Labrador Iron Ore Royalty) Headlines

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