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Helium Evolution (TSXV:HEVI) Pretax Margin % : % (As of Mar. 2024)


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What is Helium Evolution Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Helium Evolution's Pre-Tax Income for the three months ended in Mar. 2024 was C$-0.24 Mil. Helium Evolution's Revenue for the three months ended in Mar. 2024 was C$0.00 Mil. Therefore, Helium Evolution's pretax margin for the quarter that ended in Mar. 2024 was %.

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


TSXV:HEVI's Pretax Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 5.92
* Ranked among companies with meaningful Pretax Margin % only.

Helium Evolution Pretax Margin % Historical Data

The historical data trend for Helium Evolution'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.

Helium Evolution Pretax Margin % Chart

Helium Evolution Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Pretax Margin %
- - - -

Helium Evolution Quarterly Data
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 - - - - -

Competitive Comparison of Helium Evolution's Pretax Margin %

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


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

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

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



Helium Evolution 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.

Helium Evolution'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 )
=-2.953/0
= %

Helium Evolution'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 )
=-0.239/0
= %

* 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.


Helium Evolution  (TSXV:HEVI) 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.


Helium Evolution Pretax Margin % Related Terms

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Helium Evolution (TSXV:HEVI) Business Description

Traded in Other Exchanges
Address
400 - 505 - 3rd Street SW, Calgary, AB, CAN, T2P 3E6
Helium Evolution Inc is engaged in the exploration and production of helium. The company holds helium land permits near proven discoveries of economic helium concentrations.
Executives
Patrick Mills Senior Officer

Helium Evolution (TSXV:HEVI) Headlines

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