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Okmin Resources (Okmin Resources) Net Margin % : -400.00% (As of Dec. 2023)


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What is Okmin Resources Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Okmin Resources's Net Income for the three months ended in Dec. 2023 was $-0.09 Mil. Okmin Resources's Revenue for the three months ended in Dec. 2023 was $0.02 Mil. Therefore, Okmin Resources's net margin for the quarter that ended in Dec. 2023 was -400.00%.

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

OKMN' s Net Margin % Range Over the Past 10 Years
Min: -479.35   Med: -359.2   Max: -254.35
Current: -479.35


OKMN's Net Margin % is ranked worse than
94.15% of 975 companies
in the Oil & Gas industry
Industry Median: 4.13 vs OKMN: -479.35

Okmin Resources Net Margin % Historical Data

The historical data trend for Okmin 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.

Okmin Resources Net Margin % Chart

Okmin Resources Annual Data
Trend Jun21 Jun22 Jun23
Net Margin %
- -254.35 -464.04

Okmin Resources Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -630.77 -463.33 -612.50 -486.96 -400.00

Competitive Comparison of Okmin Resources's Net Margin %

For the Oil & Gas E&P subindustry, Okmin 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.


Okmin Resources's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Okmin Resources's Net Margin % distribution charts can be found below:

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



Okmin 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.

Okmin 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 )
=-0.529/0.114
=-464.04 %

Okmin 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 )
=-0.092/0.023
=-400.00 %

* 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.


Okmin Resources  (OTCPK:OKMN) 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.


Okmin Resources Net Margin % Related Terms

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Okmin Resources (Okmin Resources) Business Description

Traded in Other Exchanges
N/A
Address
16501 Ventura Boulevard, Suite 400, Encino, Los Angeles, CA, USA, 91436
Okmin Resources Inc is a natural resource exploration stage company that seeks to acquire, explore, and develop natural resource assets. It engages in the business of the acquisition, exploration, and development of mineral rights and natural resource assets. The company's projects are located in Oklahoma and Kansas. Its projects comprise Vitt Project Kansas; West Sheppard Pool Field in North East Oklahoma; and Pushmataha in South East Oklahoma.
Executives
Roy Mansano 10 percent owner 5343 OSTROM AVE., ENCINO CA 91316
Thomas Lapinski director 16501 VENTURA BLVD., SUITE 400, ENCINO CA 91436
Jonathan Herzog director, 10 percent owner, officer: President and CEO 16501 VENTURA BLVD., SUITE 400, ENCINO CA 91436

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