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Grounded Lithium (TSXV:GRD) Pretax Margin % : -12,700.00% (As of Mar. 2024)


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What is Grounded Lithium Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Grounded Lithium's Pre-Tax Income for the three months ended in Mar. 2024 was C$-0.51 Mil. Grounded Lithium's Revenue for the three months ended in Mar. 2024 was C$0.00 Mil. Therefore, Grounded Lithium's pretax margin for the quarter that ended in Mar. 2024 was -12,700.00%.

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

TSXV:GRD' s Pretax Margin % Range Over the Past 10 Years
Min: -75325   Med: 0   Max: 0
Current: -75325


TSXV:GRD's Pretax Margin % is ranked worse than
96.97% of 859 companies
in the Metals & Mining industry
Industry Median: 0.42 vs TSXV:GRD: -75325.00

Grounded Lithium Pretax Margin % Historical Data

The historical data trend for Grounded Lithium'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.

Grounded Lithium Pretax Margin % Chart

Grounded Lithium Annual Data
Trend Dec21 Dec22 Dec23
Pretax Margin %
- - -

Grounded Lithium Quarterly Data
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 -21,025.00 - - - -12,700.00

Competitive Comparison of Grounded Lithium's Pretax Margin %

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


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

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

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



Grounded Lithium 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.

Grounded Lithium'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 )
=-4.187/0
= %

Grounded Lithium'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 )
=-0.508/0.004
=-12,700.00 %

* 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.


Grounded Lithium  (TSXV:GRD) 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.


Grounded Lithium Pretax Margin % Related Terms

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Grounded Lithium (TSXV:GRD) Business Description

Traded in Other Exchanges
Address
500, 400-5th Avenue SW, Calgary, AB, CAN, T2P 0L6
Grounded Lithium Corp is a lithium resource company focused on supplying lithium to the rapidly developing electricity-powered economy. It controls approximately 2.9 million tonnes of lithium carbonate equivalent over its focused land holdings in Southwest Saskatchewan.

Grounded Lithium (TSXV:GRD) Headlines

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