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Equatorial Resources (ASX:EQX) Net Margin % : 0.00% (As of Dec. 2023)


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What is Equatorial Resources Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Equatorial Resources's Net Income for the six months ended in Dec. 2023 was A$-0.17 Mil. Equatorial Resources's Revenue for the six months ended in Dec. 2023 was A$0.00 Mil. Therefore, Equatorial Resources's net margin for the quarter that ended in Dec. 2023 was 0.00%.

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


ASX:EQX's Net Margin % is not ranked *
in the Steel industry.
Industry Median: 2.44
* Ranked among companies with meaningful Net Margin % only.

Equatorial Resources Net Margin % Historical Data

The historical data trend for Equatorial 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.

Equatorial Resources Net Margin % Chart

Equatorial Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net Margin %
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Equatorial Resources Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Competitive Comparison of Equatorial Resources's Net Margin %

For the Steel subindustry, Equatorial 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.


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

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

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



Equatorial 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.

Equatorial Resources'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 )
=-1.762/0
= %

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

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-0.169/0
= %

* 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.


Equatorial Resources  (ASX:EQX) 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.


Equatorial Resources Net Margin % Related Terms

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Equatorial Resources Business Description

Traded in Other Exchanges
Address
28 The Esplanade, Level 9, BGC Centre, Perth, WA, AUS, 6000
Equatorial Resources Ltd is an iron ore exploration and development company. The company's iron ore projects are located in the Republic of Congo (ROC). The company focuses on advancing its existing mineral resource assets in Africa, as well as searching for new opportunities in the resources sector. It operates the Badondo Iron Project located in the northwest region of the Republic of Congo. Central & West Africa hosts a regional distribution of undeveloped world-class high-grade iron ore deposits. It is comprised of the same rock type and similar geological formation as the Carajas System in South America.

Equatorial Resources Headlines

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