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Ascendant Resources (Ascendant Resources) Pretax Margin % : % (As of Mar. 2024)


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What is Ascendant Resources Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Ascendant Resources's Pre-Tax Income for the three months ended in Mar. 2024 was $-1.37 Mil. Ascendant Resources's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Therefore, Ascendant Resources's pretax margin for the quarter that ended in Mar. 2024 was %.

The historical rank and industry rank for Ascendant Resources's Pretax Margin % or its related term are showing as below:


ASDRF's Pretax Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.64
* Ranked among companies with meaningful Pretax Margin % only.

Ascendant Resources Pretax Margin % Historical Data

The historical data trend for Ascendant Resources's Pretax 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.

Ascendant Resources Pretax Margin % Chart

Ascendant Resources Annual Data
Trend Jul14 Jul15 Jul16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.55 - - - -

Ascendant Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax 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 - - - - -

Competitive Comparison of Ascendant Resources's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, Ascendant Resources's Pretax Margin %, along with its competitors' market caps and Pretax 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.


Ascendant Resources's Pretax Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Ascendant Resources's Pretax Margin % falls into.



Ascendant Resources Pretax Margin % Calculation

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

Ascendant Resources's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-7.756/0
= %

Ascendant Resources's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-1.374/0
= %

* 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.


Ascendant Resources  (OTCPK:ASDRF) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Ascendant Resources Pretax Margin % Related Terms

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Ascendant Resources (Ascendant Resources) Business Description

Traded in Other Exchanges
Address
200 Bay Street, Suite 3205, Toronto, ON, CAN, M5J 2J2
Ascendant Resources Inc is a mining company. The company is engaged in evaluating resource opportunities. It is focused on its own producing El Mochito zinc, silver and lead mine. The El Mochito mine is located in northwestern Honduras. The underground operation takes advantage of selective and bulk underground mining methods to mine multiple flat-lying manto deposits and high-grade vertical chimneys, producing zinc and lead concentrates with silver credits. It also holds an interest in Lagoa Salgada Project.

Ascendant Resources (Ascendant Resources) Headlines