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Labrador Resources (TSXV:LTX) Net Margin % : 0.00% (As of Jan. 2024)


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What is Labrador Resources Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Labrador Resources's Net Income for the three months ended in Jan. 2024 was C$-0.04 Mil. Labrador Resources's Revenue for the three months ended in Jan. 2024 was C$0.00 Mil. Therefore, Labrador Resources's net margin for the quarter that ended in Jan. 2024 was 0.00%.

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


TSXV:LTX's Net Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 4
* Ranked among companies with meaningful Net Margin % only.

Labrador Resources Net Margin % Historical Data

The historical data trend for Labrador 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.

Labrador Resources Net Margin % Chart

Labrador Resources Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43,700.00 - - - -

Labrador Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 Labrador Resources's Net Margin %

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


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

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

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



Labrador 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.

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

Net Margin=Net Income (A: Oct. 2023 )/Revenue (A: Oct. 2023 )
=-0.139/0
= %

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

Net Margin=Net Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=-0.04/0
= %

* 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.


Labrador Resources  (TSXV:LTX) 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.


Labrador Resources Net Margin % Related Terms

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Labrador Resources (TSXV:LTX) Business Description

Traded in Other Exchanges
N/A
Address
3400 - 350 7th Avenue SW, Calgary, AB, CAN, T2P 3N9
Labrador Resources Inc is engaged in the oil and gas business. The company's projects include Atlee Buffalo Property.

Labrador Resources (TSXV:LTX) Headlines

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