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Canlan Ice Sports (TSX:ICE) Net Margin % : 0.16% (As of Dec. 2023)


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What is Canlan Ice Sports Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Canlan Ice Sports's Net Income for the three months ended in Dec. 2023 was C$0.04 Mil. Canlan Ice Sports's Revenue for the three months ended in Dec. 2023 was C$24.62 Mil. Therefore, Canlan Ice Sports's net margin for the quarter that ended in Dec. 2023 was 0.16%.

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

TSX:ICE' s Net Margin % Range Over the Past 10 Years
Min: -16.21   Med: 1.37   Max: 6.42
Current: 0.51


TSX:ICE's Net Margin % is ranked worse than
65.37% of 820 companies
in the Travel & Leisure industry
Industry Median: 4.765 vs TSX:ICE: 0.51

Canlan Ice Sports Net Margin % Historical Data

The historical data trend for Canlan Ice Sports'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.

Canlan Ice Sports Net Margin % Chart

Canlan Ice Sports 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 2.77 -16.21 -2.70 6.42 0.50

Canlan Ice Sports Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.25 14.07 4.05 -22.34 0.16

Competitive Comparison of Canlan Ice Sports's Net Margin %

For the Leisure subindustry, Canlan Ice Sports'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.


Canlan Ice Sports's Net Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Canlan Ice Sports's Net Margin % distribution charts can be found below:

* The bar in red indicates where Canlan Ice Sports's Net Margin % falls into.



Canlan Ice Sports 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.

Canlan Ice Sports'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 )
=0.435/86.151
=0.50 %

Canlan Ice Sports'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 )
=0.04/24.617
=0.16 %

* 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.


Canlan Ice Sports  (TSX:ICE) 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.


Canlan Ice Sports Net Margin % Related Terms

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Canlan Ice Sports (TSX:ICE) Business Description

Traded in Other Exchanges
N/A
Address
6501 Sprott Street, Burnaby, BC, CAN, V6B 3B8
Canlan Ice Sports Corp is focused on the development, lease, acquisition, and operation of multi-purpose recreation and entertainment facilities in North America. The company has a single operating segment which is an Ice rink and recreational facilities which derive revenue from food and beverage, sports stores, sponsorship, space rental, and others. Geographically it generates the majority of its revenue from Canada.