Sherritt International (Sherritt International) Net Margin %

: -153.45% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Sherritt International's Net Income for the three months ended in Dec. 2023 was $-39.8 Mil. Sherritt International's Revenue for the three months ended in Dec. 2023 was $25.9 Mil. Therefore, Sherritt International's net margin for the quarter that ended in Dec. 2023 was -153.45%.

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

SHERF' s Net Margin % Range Over the Past 10 Years
Min: -618.25 Med: -35.46 Max: 109.91
Current: -28.93

SHERF's Net Margin % is ranked worse than
67.6% of 861 companies
in the Metals & Mining industry
Industry Median: 0.28 vs SHERF: -28.93

Sherritt International Net Margin % Historical Data

The historical data trend for Sherritt International'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.

Sherritt International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

-269.77

18.53

-16.70

35.51

-28.93

Sherritt International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																-14.40	22.70	0.32	-68.13	-153.45

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Sherritt International'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.

Sherritt International Net Margin % Distribution

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

* The bar in red indicates where Sherritt International's Net Margin % falls into.

Sherritt International 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.

Sherritt International'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 )
	=	-48.151	/	166.443
	=	-28.93 %

Sherritt International'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 )
	=	-39.803	/	25.939
	=	-153.45 %

Sherritt International (OTCPK:SHERF) 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.

Sherritt International Net Margin % Related Terms

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Sherritt International (Sherritt International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sherritt International Corp (OTCPK:SHERF) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

HRT:Germany S:Canada

Address

22 Adelaide Street West, Suite 4220, Toronto, ON, CAN, M5H 4E3

Website

https://www.sherritt.com

Sherritt International Corp is engaged in the mining and refining of nickel from lateritic ores with projects and operations in Canada, Cuba, and North America. Its segment includes Moa JV and Fort site, Metals Other, Power, Technologies and Corporate. The Moa JV and Fort site segment includes the mining, processing, and refining of nickel and cobalt. Metals Other segment is comprised of buying, marketing and selling certain of Moa Joint Venture's nickel and cobalt production. Its Power segment constructs and operates an electricity generating plant whereas The Technologies and Corporate segment consist of the metallurgical technology business and general corporate activities.