Canadian Spirit Resources (TSXV:SPI) Net Margin %: -369.15% (As of Mar. 2026)


What is Canadian Spirit Resources Net Margin %?

Canadian Spirit Resources TSXV:SPI Net Margin % is -369.15% as of Mar. 2026. The stock has 3 warning signs investors should review. Among 916 Oil & Gas companies, Canadian Spirit Resources ranks worse than 97.71% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Canadian Spirit Resources's Net Income for the three months ended in Mar. 2026 was C$-0.35 Mil. Canadian Spirit Resources's Revenue for the three months ended in Mar. 2026 was C$0.09 Mil. Therefore, Canadian Spirit Resources's net margin for the quarter that ended in Mar. 2026 was -369.15%.

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

TSXV:SPI' s Net Margin % Range Over the Past 10 Years
Min: -28661.54   Med: -3367.69   Max: -476.06
Current: -6844.74

TSXV:SPI's Net Margin % is ranked worse than
97.71% of 916 companies
in the Oil & Gas industry
Industry Median: 3.435 vs TSXV:SPI: -6844.74

Canadian Spirit Resources  (TSXV:SPI) 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.

Canadian Spirit Resources Net Margin % Related Terms

Canadian Spirit Resources Net Margin % Historical Data

* Premium members only.

The historical data trend for Canadian Spirit 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.

Canadian Spirit Resources Net Margin % Chart

Canadian Spirit Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun24 Jun25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -642.96 -3,367.69 -28,661.54

Canadian Spirit Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 -26,701.54 0.00 -270.09 -369.15

TSXV:SPI vs COP, EOG, OXY: Net Margin % Comparison

For the Oil & Gas E&P subindustry, Canadian Spirit 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.

Canadian Spirit Resources Net Margin % vs Oil & Gas Industry

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

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


Canadian Spirit 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.

Canadian Spirit Resources's Net Margin for the fiscal year that ended in Jun. 2025 is calculated as

Net Margin=Net Income (A: Jun. 2025 )/Revenue (A: Jun. 2025 )
=-18.63/0.065
=-28,661.54 %

Canadian Spirit Resources's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-0.347/0.094
=-369.15 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of -369.15% mean?
Canadian Spirit Resources (TSXV:SPI) has a Net Margin % of -369.15% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Canadian Spirit Resources and its competitors. According to the industry distribution chart, Canadian Spirit Resources ranks #895 out of 916 companies in the Oil & Gas industry, placing it in the top 97.7%.
Is Canadian Spirit Resources' Net Margin % too high?
Canadian Spirit Resources' current Net Margin % is -369.15%. Based on the distribution chart, Canadian Spirit Resources ranks #895 out of 916 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does Canadian Spirit Resources' Net Margin % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Canadian Spirit Resources ranks #895 out of 916 companies for Net Margin %. This places Canadian Spirit Resources in the lower half of its industry. The industry median Net Margin % is 3.44. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Oil & Gas company?
The median Net Margin % among Oil & Gas companies is 3.44, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Canadian Spirit Resources and its competitors. For the Oil & Gas industry, the median Net Margin % is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Spirit Resources's current Net Margin % is -369.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Spirit Resources stock overvalued right now?
Canadian Spirit Resources (TSXV:SPI) has a current Net Margin % of -369.15%. The current Net Margin % is -369.15%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Canadian Spirit Resources (TSXV:SPI), the current Net Margin % is -369.15% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Canadian Spirit Resources Business Description

Industry EnergyOil & Gas
Other Exchanges CSPUF:USA
Address 140 - 4th Avenue SW, Suite 900, Calgary, AB, CAN, T2P 3N3
Canadian Spirit Resources Inc is a natural resources company focusing on the identification and development of opportunities in the unconventional natural gas sector of the energy industry. It is focused on the exploration and production of natural gas in the Montney Formation of northeast British Columbia.