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Nova Minerals (ASX:NVA) Net Margin % : 0.00% (As of Jun. 2024)


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What is Nova Minerals Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Nova Minerals's Net Income for the six months ended in Jun. 2024 was A$-7.14 Mil. Nova Minerals's Revenue for the six months ended in Jun. 2024 was A$0.00 Mil. Therefore, Nova Minerals's net margin for the quarter that ended in Jun. 2024 was 0.00%.

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


ASX:NVA's Net Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.685
* Ranked among companies with meaningful Net Margin % only.

Nova Minerals Net Margin % Historical Data

The historical data trend for Nova Minerals'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.

Nova Minerals Net Margin % Chart

Nova Minerals Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net Margin %
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Nova Minerals 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 Nova Minerals's Net Margin %

For the Other Industrial Metals & Mining subindustry, Nova Minerals'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.


Nova Minerals's Net Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nova Minerals's Net Margin % distribution charts can be found below:

* The bar in red indicates where Nova Minerals's Net Margin % falls into.



Nova Minerals 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.

Nova Minerals'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 )
=-16.283/0
= %

Nova Minerals's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin=Net Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=-7.14/0
= %

* 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.


Nova Minerals  (ASX:NVA) 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.


Nova Minerals Net Margin % Related Terms

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Nova Minerals Business Description

Traded in Other Exchanges
Address
242 Hawthorn Road, Suite 5, Caulfield, VIC, AUS, 3161
Nova Minerals Ltd is a Gold, Antimony and Critical Minerals exploration and development company focused on advancing the Estelle Project. It includes projects such as Estelle Gold and Critical Minerals Project, RPM, Korbel, Train and Stoney. It operates in one segment which is exploration of minerals and two geographical areas, being Australia and United States, where Australia derives maximum revenue.