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Source Rock Royalties (TSXV:SRR) Net Margin % : 12.47% (As of Sep. 2024)


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What is Source Rock Royalties Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Source Rock Royalties's Net Income for the three months ended in Sep. 2024 was C$0.25 Mil. Source Rock Royalties's Revenue for the three months ended in Sep. 2024 was C$1.99 Mil. Therefore, Source Rock Royalties's net margin for the quarter that ended in Sep. 2024 was 12.47%.

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

TSXV:SRR' s Net Margin % Range Over the Past 10 Years
Min: -207.56   Med: 13.86   Max: 39.41
Current: 18.25


TSXV:SRR's Net Margin % is ranked better than
79.89% of 950 companies
in the Oil & Gas industry
Industry Median: 3.41 vs TSXV:SRR: 18.25

Source Rock Royalties Net Margin % Historical Data

The historical data trend for Source Rock Royalties'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.

Source Rock Royalties Net Margin % Chart

Source Rock Royalties Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Net Margin %
-207.56 4.15 39.41 23.56

Source Rock Royalties Quarterly Data
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 26.25 22.21 12.62 25.12 12.47

Competitive Comparison of Source Rock Royalties's Net Margin %

For the Oil & Gas Midstream subindustry, Source Rock Royalties'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.


Source Rock Royalties's Net Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Source Rock Royalties's Net Margin % falls into.



Source Rock Royalties 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.

Source Rock Royalties'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 )
=1.566/6.646
=23.56 %

Source Rock Royalties'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 )
=0.248/1.988
=12.47 %

* 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.


Source Rock Royalties  (TSXV:SRR) 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.


Source Rock Royalties Net Margin % Related Terms

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Source Rock Royalties Business Description

Traded in Other Exchanges
N/A
Address
421 - 7th Avenue S.W, 30th Floor, Calgary, AB, CAN, T2P 4K9
Source Rock Royalties Ltd is engaged in royalty revenue from oil and natural gas properties as reserves are produced by the operators over the economic life of the properties. It focused on acquiring and managing oil and gas royalties and mineral title interests. It has an oil-focused portfolio of royalty interests concentrated in S.E. Saskatchewan, central Alberta, and west-central Saskatchewan.
Executives
Shaun Ashton Thiessen Director
Bradley Robert Docherty Director, Senior Officer
June-marie Lane Fitzmartyn-innes Director
Cheryne Lowe Senior Officer

Source Rock Royalties Headlines

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