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Equinox Resources (ASX:EQN) Net Margin % : 0.00% (As of Jun. 2023)


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What is Equinox Resources Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Equinox Resources's Net Income for the three months ended in Jun. 2023 was A$0.00 Mil. Equinox Resources's Revenue for the three months ended in Jun. 2023 was A$0.00 Mil. Therefore, Equinox Resources's net margin for the quarter that ended in Jun. 2023 was 0.00%.

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


ASX:EQN's Net Margin % is not ranked *
in the Steel industry.
Industry Median: 2.64
* Ranked among companies with meaningful Net Margin % only.

Equinox Resources Net Margin % Historical Data

The historical data trend for Equinox Resources'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.

Equinox Resources Net Margin % Chart

Equinox Resources Annual Data
Trend Jun22 Jun23
Net Margin %
- -61,200.00

Equinox Resources Quarterly Data
Dec21 Jun22 Dec22 Jun23 Dec23
Net Margin % - - - - -

Competitive Comparison of Equinox Resources's Net Margin %

For the Steel subindustry, Equinox Resources'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.


Equinox Resources's Net Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Equinox Resources's Net Margin % distribution charts can be found below:

* The bar in red indicates where Equinox Resources's Net Margin % falls into.



Equinox Resources 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.

Equinox Resources's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin=Net Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=-1.224/0.002
=-61,200.00 %

Equinox Resources's Net Margin for the quarter that ended in Jun. 2023 is calculated as

Net Margin=Net Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=0/0
= %

* 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.


Equinox Resources  (ASX:EQN) 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.


Equinox Resources Net Margin % Related Terms

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Equinox Resources (ASX:EQN) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
182 St George's Terrace, Level 50, Perth, WA, AUS, 6000
Equinox Resources Ltd is a mineral exploration appraising and development company. It owns interests in the Hamersley Iron Ore Project is located north of Tom Price in the Pilbara region of Western Australia.

Equinox Resources (ASX:EQN) Headlines

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