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Grounded Lithium (Grounded Lithium) Net Margin % : -12,500.00% (As of Mar. 2024)


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What is Grounded Lithium Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Grounded Lithium's Net Income for the three months ended in Mar. 2024 was $-0.38 Mil. Grounded Lithium's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Therefore, Grounded Lithium's net margin for the quarter that ended in Mar. 2024 was -12,500.00%.

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

GRDAF' s Net Margin % Range Over the Past 10 Years
Min: -75325   Med: 0   Max: 0
Current: -75325


GRDAF's Net Margin % is ranked worse than
96.97% of 859 companies
in the Metals & Mining industry
Industry Median: -0.04 vs GRDAF: -75325.00

Grounded Lithium Net Margin % Historical Data

The historical data trend for Grounded Lithium'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.

Grounded Lithium Net Margin % Chart

Grounded Lithium Annual Data
Trend Dec21 Dec22 Dec23
Net Margin %
- - -

Grounded Lithium Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -20,483.33 - - - -12,500.00

Competitive Comparison of Grounded Lithium's Net Margin %

For the Other Industrial Metals & Mining subindustry, Grounded Lithium'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.


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

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

* The bar in red indicates where Grounded Lithium's Net Margin % falls into.



Grounded Lithium 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.

Grounded Lithium's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-3.121/0
= %

Grounded Lithium's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-0.375/0.003
=-12,500.00 %

* 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.


Grounded Lithium  (OTCPK:GRDAF) 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.


Grounded Lithium Net Margin % Related Terms

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Grounded Lithium (Grounded Lithium) Business Description

Traded in Other Exchanges
Address
500, 400-5th Avenue SW, Calgary, AB, CAN, T2P 0L6
Grounded Lithium Corp is a lithium resource company focused on supplying lithium to the rapidly developing electricity-powered economy. It controls approximately 2.9 million tonnes of lithium carbonate equivalent over its focused land holdings in Southwest Saskatchewan.