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GGL Resources (GGL Resources) Net Margin % : 0.00% (As of Feb. 2024)


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What is GGL Resources Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. GGL Resources's Net Income for the three months ended in Feb. 2024 was $-0.05 Mil. GGL Resources's Revenue for the three months ended in Feb. 2024 was $0.00 Mil. Therefore, GGL Resources's net margin for the quarter that ended in Feb. 2024 was 0.00%.

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


GGLXF's Net Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: -0.13
* Ranked among companies with meaningful Net Margin % only.

GGL Resources Net Margin % Historical Data

The historical data trend for GGL 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.

GGL Resources Net Margin % Chart

GGL Resources Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Net Margin %
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GGL Resources Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of GGL Resources's Net Margin %

For the Other Precious Metals & Mining subindustry, GGL 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.


GGL Resources's Net Margin % Distribution in the Metals & Mining Industry

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

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



GGL 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.

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

Net Margin=Net Income (A: Nov. 2023 )/Revenue (A: Nov. 2023 )
=-0.32/0
= %

GGL Resources's Net Margin for the quarter that ended in Feb. 2024 is calculated as

Net Margin=Net Income (Q: Feb. 2024 )/Revenue (Q: Feb. 2024 )
=-0.048/0
= %

* 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.


GGL Resources  (OTCPK:GGLXF) 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.


GGL Resources Net Margin % Related Terms

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GGL Resources (GGL Resources) Business Description

Traded in Other Exchanges
Address
1100 Melville Street, Suite 510, Vancouver, BC, CAN, V6E 4A6
GGL Resources Corp is a resource exploration company engaged in the exploration and development of mineral properties. Its mineral property interests consist of exploration-stage mineral properties located in the Northwest Territories, Nunavut, and British Columbia in Canada and in Nevada, USA. The company holds an interest in the properties of Bishop, Gold Point, CH, Rhombus, Stein, Providence Greenstone Belt, and McConnell Creek, among others.