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Coelacanth Energy (TSXV:CEI) Pretax Margin % : -17.84% (As of Dec. 2023)


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What is Coelacanth Energy Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Coelacanth Energy's Pre-Tax Income for the three months ended in Dec. 2023 was C$-0.75 Mil. Coelacanth Energy's Revenue for the three months ended in Dec. 2023 was C$4.20 Mil. Therefore, Coelacanth Energy's pretax margin for the quarter that ended in Dec. 2023 was -17.84%.

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

TSXV:CEI' s Pretax Margin % Range Over the Past 10 Years
Min: -144.85   Med: -100.67   Max: -98.65
Current: -98.65


TSXV:CEI's Pretax Margin % is ranked worse than
88.24% of 978 companies
in the Oil & Gas industry
Industry Median: 5.795 vs TSXV:CEI: -98.65

Coelacanth Energy Pretax Margin % Historical Data

The historical data trend for Coelacanth Energy'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.

Coelacanth Energy Pretax Margin % Chart

Coelacanth Energy Annual Data
Trend Dec21 Dec22 Dec23
Pretax Margin %
-100.67 -144.85 -98.65

Coelacanth Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -54.18 -187.53 -262.11 -275.26 -17.84

Competitive Comparison of Coelacanth Energy's Pretax Margin %

For the Oil & Gas E&P subindustry, Coelacanth Energy'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.


Coelacanth Energy's Pretax Margin % Distribution in the Oil & Gas Industry

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

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



Coelacanth Energy 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.

Coelacanth Energy'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 )
=-6.573/6.663
=-98.65 %

Coelacanth Energy'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 )
=-0.75/4.204
=-17.84 %

* 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.


Coelacanth Energy  (TSXV:CEI) 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.


Coelacanth Energy Pretax Margin % Related Terms

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Coelacanth Energy (TSXV:CEI) Business Description

Traded in Other Exchanges
Address
530-8th Avenue SW, Suite 2110, Calgary, AB, CAN, T2P 3S8
Coelacanth Energy Inc is a Montney-focused oil and natural gas exploration and development company, actively engaged in the acquisition ,development, exploration, and production of oil and natural gas reserves in northeastern British Columbia, Canada with lands located in the Two Rivers area of northeastern British Columbia. Coelacanth owns approximately 140 (net) sections of Montney acreage in the Two Rivers and surrounding area and has identified approximately 8.9 billion bbls of Original Oil in Place (OOIP) and 8.6 tcf of Original Gas in Place across these lands.
Executives
Nolan Gregory Chicoine Senior Officer
Peter James Roy Cochrane Senior Officer
Jody Denis Senior Officer
Harvey Doerr Director
John Nandor Fur Senior Officer
William Lancaster Director
Tom Medvedic Director
Robert John Zakresky Senior Officer