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Classic Minerals (ASX:CLZ) Net Margin % : -560.63% (As of Dec. 2023)


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What is Classic Minerals Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Classic Minerals's Net Income for the six months ended in Dec. 2023 was A$-5.54 Mil. Classic Minerals's Revenue for the six months ended in Dec. 2023 was A$0.99 Mil. Therefore, Classic Minerals's net margin for the quarter that ended in Dec. 2023 was -560.63%.

The historical rank and industry rank for Classic Minerals's Net Margin % or its related term are showing as below:

ASX:CLZ' s Net Margin % Range Over the Past 10 Years
Min: -1843.42   Med: 0   Max: 0
Current: -1843.42


ASX:CLZ's Net Margin % is ranked worse than
86.16% of 860 companies
in the Metals & Mining industry
Industry Median: -0.065 vs ASX:CLZ: -1843.42

Classic Minerals Net Margin % Historical Data

The historical data trend for Classic Minerals's Net Margin % 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.

Classic Minerals Net Margin % Chart

Classic Minerals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Classic Minerals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Margin % 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 - - - - -560.63

Competitive Comparison of Classic Minerals's Net Margin %

For the Other Industrial Metals & Mining subindustry, Classic Minerals's Net Margin %, along with its competitors' market caps and Net Margin % 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.


Classic Minerals's Net Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Classic Minerals's Net Margin % distribution charts can be found below:

* The bar in red indicates where Classic Minerals's Net Margin % falls into.



Classic Minerals Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Classic Minerals's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin=Net Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=-23.646/0
= %

Classic Minerals's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-5.539/0.988
=-560.63 %

* 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.


Classic Minerals  (ASX:CLZ) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Classic Minerals Net Margin % Related Terms

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Classic Minerals (ASX:CLZ) Business Description

Traded in Other Exchanges
Address
71 Furniss Road, Landsdale, Perth, WA, AUS, 6065
Classic Minerals Ltd is an Australian is an exploration and development company. The principal business activity of the company includes the exploration of mineral resource-based projects, focusing on nickel and gold metals. The company owns an interest in Forrestania Gold Project, Van Uden West prospect, Tangerine Trees Prospect, Fraser Range Project, and Flagship Kat Gap Project.

Classic Minerals (ASX:CLZ) Headlines

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