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Avanti Helium (TSXV:AVN) Pretax Margin % : % (As of Dec. 2023)


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What is Avanti Helium Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Avanti Helium's Pre-Tax Income for the three months ended in Dec. 2023 was C$-7.38 Mil. Avanti Helium's Revenue for the three months ended in Dec. 2023 was C$0.00 Mil. Therefore, Avanti Helium's pretax margin for the quarter that ended in Dec. 2023 was %.

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


TSXV:AVN's Pretax Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 5.85
* Ranked among companies with meaningful Pretax Margin % only.

Avanti Helium Pretax Margin % Historical Data

The historical data trend for Avanti Helium'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.

Avanti Helium Pretax Margin % Chart

Avanti Helium Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
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Avanti Helium Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Avanti Helium's Pretax Margin %

For the Oil & Gas E&P subindustry, Avanti Helium'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.


Avanti Helium's Pretax Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Avanti Helium's Pretax Margin % distribution charts can be found below:

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



Avanti Helium 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.

Avanti Helium'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 )
=-11.645/0
= %

Avanti Helium'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 )
=-7.379/0
= %

* 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.


Avanti Helium  (TSXV:AVN) 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.


Avanti Helium Pretax Margin % Related Terms

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Avanti Helium (TSXV:AVN) Business Description

Traded in Other Exchanges
Address
208A - 980 West 1st Street, North Vancouver, BC, CAN, V7P 3N4
Avanti Helium Corp is principally focused on the exploration, development, and production of helium across Western Canada and the United States.
Executives
Chris Bakker 10% Security Holder, Senior Officer

Avanti Helium (TSXV:AVN) Headlines

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