Torque Metals (ASX:TOR) Net Margin % : 0.00% (As of Dec. 2023)

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What is Torque Metals Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Torque Metals's Net Income for the six months ended in Dec. 2023 was A$-1.70 Mil. Torque Metals's Revenue for the six months ended in Dec. 2023 was A$0.00 Mil. Therefore, Torque Metals's net margin for the quarter that ended in Dec. 2023 was 0.00%.

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

ASX:TOR's Net Margin % is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.06
* Ranked among companies with meaningful Net Margin % only.

Torque Metals Net Margin % Historical Data

The historical data trend for Torque Metals'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.

Torque Metals Net Margin % Chart

Torque Metals Annual Data

Trend

Jun21

Jun22

Jun23

Net Margin %

Torque Metals Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Torque Metals's Net Margin %

For the Gold subindustry, Torque Metals'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.

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

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

* The bar in red indicates where Torque Metals's Net Margin % falls into.

Torque Metals 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.

Torque Metals'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 )
	=	-2.094	/	0
	=	%

Torque Metals'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 )
	=	-1.697	/	0
	=	%

Torque Metals (ASX:TOR) 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.

Torque Metals Net Margin % Related Terms

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Torque Metals (ASX:TOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Torque Metals Ltd (ASX:TOR) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 - 18 Nicholson Road, Unit 8, Subiaco, WA, AUS, 6008

Website

https://www.torquemetals.com

Torque Metals Ltd is a smart exploration company with a discovery methodology, combining drilling results with machine learning algorithms and geological interpretation. The company has three projects namely; New Dawn Lithium Project, Bullfinch Gold Project, and Paris Gold Project. The Company operates in one segment being exploration in Western Australia, Australia.

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