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ARSLF (Altima Energy) Net Margin % : -114.50% (As of Nov. 2024)


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What is Altima Energy Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Altima Energy's Net Income for the three months ended in Nov. 2024 was $-0.70 Mil. Altima Energy's Revenue for the three months ended in Nov. 2024 was $0.61 Mil. Therefore, Altima Energy's net margin for the quarter that ended in Nov. 2024 was -114.50%.

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

ARSLF' s Net Margin % Range Over the Past 10 Years
Min: -4629.89   Med: -69.65   Max: 1286.5
Current: -70.73


ARSLF's Net Margin % is ranked worse than
88.42% of 933 companies
in the Oil & Gas industry
Industry Median: 3.95 vs ARSLF: -70.73

Altima Energy Net Margin % Historical Data

The historical data trend for Altima Energy's Net 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.

Altima Energy Net Margin % Chart

Altima Energy Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Feb22 Feb23 Feb24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,143.66 -44.64 - -18.24 -69.66

Altima Energy Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Net 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 -23.99 -109.22 -45.17 -11.78 -114.50

Competitive Comparison of Altima Energy's Net Margin %

For the Oil & Gas E&P subindustry, Altima Energy's Net Margin %, along with its competitors' market caps and Net 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.


Altima Energy's Net Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Altima Energy's Net Margin % falls into.


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Altima Energy Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Altima Energy's Net Margin for the fiscal year that ended in Feb. 2024 is calculated as

Net Margin=Net Income (A: Feb. 2024 )/Revenue (A: Feb. 2024 )
=-1.515/2.175
=-69.66 %

Altima Energy's Net Margin for the quarter that ended in Nov. 2024 is calculated as

Net Margin=Net Income (Q: Nov. 2024 )/Revenue (Q: Nov. 2024 )
=-0.703/0.614
=-114.50 %

* 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.


Altima Energy  (OTCPK:ARSLF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Altima Energy Net Margin % Related Terms

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Altima Energy Business Description

Traded in Other Exchanges
Address
595 Howe Street, Suite 303, Vancouver, BC, CAN, V6C 2T5
Altima Energy Inc is a junior energy company engaged in the exploring and developing oil and natural gas assets in Western Canada. It is exploration in regions such as the Deep Basin of West Central Alberta and Rainbow Lake in Northwestern Alberta.

Altima Energy Headlines