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Comet Ridge (ASX:COI) Net Margin % : 0.00% (As of Dec. 2024)


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What is Comet Ridge Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Comet Ridge's Net Income for the six months ended in Dec. 2024 was A$-1.19 Mil. Comet Ridge's Revenue for the six months ended in Dec. 2024 was A$0.00 Mil. Therefore, Comet Ridge's net margin for the quarter that ended in Dec. 2024 was 0.00%.

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


ASX:COI's Net Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 3.76
* Ranked among companies with meaningful Net Margin % only.

Comet Ridge Net Margin % Historical Data

The historical data trend for Comet Ridge'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.

Comet Ridge Net Margin % Chart

Comet Ridge Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net Margin %
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Comet Ridge Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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Competitive Comparison of Comet Ridge's Net Margin %

For the Oil & Gas E&P subindustry, Comet Ridge'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.


Comet Ridge's Net Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Comet Ridge's Net Margin % falls into.



Comet Ridge 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.

Comet Ridge's Net Margin for the fiscal year that ended in Jun. 2024 is calculated as

Net Margin=Net Income (A: Jun. 2024 )/Revenue (A: Jun. 2024 )
=-7.165/0
= %

Comet Ridge's Net Margin for the quarter that ended in Dec. 2024 is calculated as

Net Margin=Net Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=-1.189/0
= %

* 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.


Comet Ridge  (ASX:COI) 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.


Comet Ridge Net Margin % Related Terms

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Comet Ridge Business Description

Traded in Other Exchanges
N/A
Address
410 Queen Street, Level 3, Brisbane, QLD, AUS, 4000
Comet Ridge Ltd is an exploration company. It is engaged in the exploration and evaluation of its tenements for oil and gas reserves. The projects of the company include Mahalo North and Mahalo Gas Project, Gunnedah, and Galilee Basin project. The projects are located in the states of Queensland and New South Wales, Australia.

Comet Ridge Headlines

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