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Corsa Coal (TSXV:CSO) Pretax Margin % : -22.76% (As of Mar. 2024)


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What is Corsa Coal Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Corsa Coal's Pre-Tax Income for the three months ended in Mar. 2024 was C$-11.1 Mil. Corsa Coal's Revenue for the three months ended in Mar. 2024 was C$48.7 Mil. Therefore, Corsa Coal's pretax margin for the quarter that ended in Mar. 2024 was -22.76%.

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

TSXV:CSO' s Pretax Margin % Range Over the Past 10 Years
Min: -118.58   Med: -8.47   Max: 49.93
Current: 7.53


TSXV:CSO's Pretax Margin % is ranked better than
69.78% of 599 companies
in the Steel industry
Industry Median: 3.54 vs TSXV:CSO: 7.53

Corsa Coal Pretax Margin % Historical Data

The historical data trend for Corsa Coal'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.

Corsa Coal Pretax Margin % Chart

Corsa Coal Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.22 -49.53 1.07 -16.72 12.20

Corsa Coal 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 4.02 15.32 40.72 -16.68 -22.76

Competitive Comparison of Corsa Coal's Pretax Margin %

For the Coking Coal subindustry, Corsa Coal'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.


Corsa Coal's Pretax Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Corsa Coal's Pretax Margin % distribution charts can be found below:

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



Corsa Coal 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.

Corsa Coal'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 )
=32.261/264.478
=12.20 %

Corsa Coal'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 )
=-11.087/48.713
=-22.76 %

* 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.


Corsa Coal  (TSXV:CSO) 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.


Corsa Coal Pretax Margin % Related Terms

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Corsa Coal (TSXV:CSO) Business Description

Traded in Other Exchanges
Address
1576 Stoystown Road, PO Box 260, Friedens, PA, USA, 15541
Corsa Coal Corp is a coal mining company focused on the production and sales of metallurgical coal, an essential ingredient in the production of steel. Its core business is producing and selling metallurgical coal to domestic and international steel and coke producers in the Atlantic and Pacific basin markets. Its segments are Northern Appalachia (NAPP) and the company's corporate office. NAPP is a distinct operating segment based on its metallurgical coal operations and location in the U.S. along the Northern Appalachia coal belt. The company's corporate office provides support and manages the mining investments.
Executives
Alan Michael De'ath Director

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