Cobre (ASX:CBE) Pretax Margin % : % (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Cobre Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Cobre's Pre-Tax Income for the six months ended in Dec. 2023 was A$-1.98 Mil. Cobre's Revenue for the six months ended in Dec. 2023 was A$0.00 Mil. Therefore, Cobre's pretax margin for the quarter that ended in Dec. 2023 was %.

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

ASX:CBE's Pretax Margin % is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.625
* Ranked among companies with meaningful Pretax Margin % only.

Cobre Pretax Margin % Historical Data

The historical data trend for Cobre'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.

Cobre Pretax Margin % Chart

Cobre Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Pretax Margin %

Cobre Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Pretax Margin %	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Cobre's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, Cobre'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.

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

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

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

Cobre 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.

Cobre's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	-1.755	/	0
	=	%

Cobre's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-1.975	/	0
	=	%

Cobre (ASX:CBE) 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.

Cobre Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Cobre's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Cobre (ASX:CBE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cobre Ltd (ASX:CBE) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

27 Macquarie Place, Level 10, Kyle House, Sydney, NSW, AUS, 2000

Website

https://www.cobre.com.au

Cobre Ltd is an exploration and mining company. Its projects include the Perrinvale project, Botswana projects and the Sandiman project. The Perrinvale Project is located at Kalgoorlie in the Yilgarn Craton of Western Australia. The Sandiman Project is located on the eastern edge of the Southern Carnarvon Basin. The firm has only one operating segment being exploration for precious metals.

Cobre (ASX:CBE) Headlines

No Headlines