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Gold Lakes (Gold Lakes) Net Margin % : 0.00% (As of Apr. 2017)


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What is Gold Lakes Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Gold Lakes's Net Income for the three months ended in Apr. 2017 was $0.36 Mil. Gold Lakes's Revenue for the three months ended in Apr. 2017 was $0.00 Mil. Therefore, Gold Lakes's net margin for the quarter that ended in Apr. 2017 was 0.00%.

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


GLLK's Net Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.04
* Ranked among companies with meaningful Net Margin % only.

Gold Lakes Net Margin % Historical Data

The historical data trend for Gold Lakes'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.

Gold Lakes Net Margin % Chart

Gold Lakes Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16
Net Margin %
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Gold Lakes Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
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Competitive Comparison of Gold Lakes's Net Margin %

For the Gold subindustry, Gold Lakes'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.


Gold Lakes's Net Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Gold Lakes's Net Margin % falls into.



Gold Lakes 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.

Gold Lakes's Net Margin for the fiscal year that ended in Jul. 2016 is calculated as

Net Margin=Net Income (A: Jul. 2016 )/Revenue (A: Jul. 2016 )
=-25.786/0
= %

Gold Lakes's Net Margin for the quarter that ended in Apr. 2017 is calculated as

Net Margin=Net Income (Q: Apr. 2017 )/Revenue (Q: Apr. 2017 )
=0.364/0
= %

* 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.


Gold Lakes  (GREY:GLLK) 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.


Gold Lakes Net Margin % Related Terms

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Gold Lakes (Gold Lakes) Business Description

Traded in Other Exchanges
N/A
Address
3401 Enterprise Parkway, Suite 340, Beachwood, OH, USA, 42122
Gold Lakes Corp is involved in the business of mining and developing precious metals, mainly Gold. Its projects include The Big Monty property located in the north of Kirkland Lake and east of Timmins in Ontario and The Ponderosa property located in townships of Frecheville, Stoughton, and the Mistaken islands of Ontario, Canada.

Gold Lakes (Gold Lakes) Headlines

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