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Lithium Royalty (TSX:LIRC) Pretax Margin % : -191.45% (As of Mar. 2024)


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What is Lithium Royalty Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Lithium Royalty's Pre-Tax Income for the three months ended in Mar. 2024 was C$-1.64 Mil. Lithium Royalty's Revenue for the three months ended in Mar. 2024 was C$0.85 Mil. Therefore, Lithium Royalty's pretax margin for the quarter that ended in Mar. 2024 was -191.45%.

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

TSX:LIRC' s Pretax Margin % Range Over the Past 10 Years
Min: -372.38   Med: 41.86   Max: 904.81
Current: -43.67


TSX:LIRC's Pretax Margin % is ranked worse than
69.73% of 859 companies
in the Metals & Mining industry
Industry Median: 0.42 vs TSX:LIRC: -43.67

Lithium Royalty Pretax Margin % Historical Data

The historical data trend for Lithium Royalty'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.

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Lithium Royalty Pretax Margin % Chart

Lithium Royalty Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
-372.38 41.86 655.16 904.81 -37.68

Lithium Royalty Quarterly Data
Dec19 Dec20 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 -127.04 -70.71 30.01 -145.99 -191.45

Competitive Comparison of Lithium Royalty's Pretax Margin %

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


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

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

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



Lithium Royalty 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.

Lithium Royalty'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 )
=-2.791/7.408
=-37.68 %

Lithium Royalty'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 )
=-1.635/0.854
=-191.45 %

* 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.


Lithium Royalty  (TSX:LIRC) 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.


Lithium Royalty Pretax Margin % Related Terms

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Lithium Royalty (TSX:LIRC) Business Description

Traded in Other Exchanges
Address
1133 Yonge Street, 5th Floor, Toronto, ON, CAN, M4T 2Y7
Lithium Royalty Corp is a lithium-focused royalty company organized in Canada. The firm with affiliates or joint venture partners has established a portfolio of royalties on mineral properties that supply and are expected to supply raw materials to support the electrification and decarbonization of the global economy.
Executives
Blair Levinsky Director, Senior Officer

Lithium Royalty (TSX:LIRC) Headlines

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