GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortune Minerals Ltd (TSX:FT) » Definitions » Net Margin %

Fortune Minerals (TSX:FT) Net Margin % : 0.00% (As of Sep. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Fortune Minerals Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Fortune Minerals's Net Income for the three months ended in Sep. 2024 was C$-0.30 Mil. Fortune Minerals's Revenue for the three months ended in Sep. 2024 was C$0.00 Mil. Therefore, Fortune Minerals's net margin for the quarter that ended in Sep. 2024 was 0.00%.

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


TSX:FT's Net Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.7
* Ranked among companies with meaningful Net Margin % only.

Fortune Minerals Net Margin % Historical Data

The historical data trend for Fortune 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.

Fortune Minerals Net Margin % Chart

Fortune Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Fortune Minerals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Fortune Minerals's Net Margin %

For the Other Industrial Metals & Mining subindustry, Fortune 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.


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

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

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



Fortune 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.

Fortune Minerals's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-2.851/0
= %

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

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-0.301/0
= %

* 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.


Fortune Minerals  (TSX:FT) 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.


Fortune Minerals Net Margin % Related Terms

Thank you for viewing the detailed overview of Fortune Minerals's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Fortune Minerals Business Description

Traded in Other Exchanges
Address
617 Wellington Street, London, ON, CAN, N6A 3R6
Fortune Minerals Ltd is a Canadian mining and mine development company focused in the exploration and development of specialty metals, base metals, and precious metals in the Northwest Territories with a Refinery contemplated to be built in western Canada.
Executives
Patricia-lynn Penney Senior Officer
Mahendra Naik Director
Robin Ellis Goad Director, Senior Officer
Yazmarr David Ramsay Director
John Wallace Mcvey Director
Carl Lester Clouter Director