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Millennial Potash (TSXV:MLP) Net Margin % : 0.00% (As of Nov. 2023)


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What is Millennial Potash Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Millennial Potash's Net Income for the three months ended in Nov. 2023 was C$-0.59 Mil. Millennial Potash's Revenue for the three months ended in Nov. 2023 was C$0.00 Mil. Therefore, Millennial Potash's net margin for the quarter that ended in Nov. 2023 was 0.00%.

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


TSXV:MLP's Net Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.28
* Ranked among companies with meaningful Net Margin % only.

Millennial Potash Net Margin % Historical Data

The historical data trend for Millennial Potash'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.

Millennial Potash Net Margin % Chart

Millennial Potash Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23
Net Margin %
- - - - -

Millennial Potash Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 - - - - -

Competitive Comparison of Millennial Potash's Net Margin %

For the Other Industrial Metals & Mining subindustry, Millennial Potash'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.


Millennial Potash's Net Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Millennial Potash's Net Margin % falls into.



Millennial Potash 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.

Millennial Potash's Net Margin for the fiscal year that ended in Aug. 2023 is calculated as

Net Margin=Net Income (A: Aug. 2023 )/Revenue (A: Aug. 2023 )
=-4.696/0
= %

Millennial Potash's Net Margin for the quarter that ended in Nov. 2023 is calculated as

Net Margin=Net Income (Q: Nov. 2023 )/Revenue (Q: Nov. 2023 )
=-0.588/0
= %

* 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.


Millennial Potash  (TSXV:MLP) 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.


Millennial Potash Net Margin % Related Terms

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Millennial Potash (TSXV:MLP) Business Description

Traded in Other Exchanges
Address
300-1455 Bellevue Avenue, West Vancouver, Vancouver, BC, CAN, V7T 1C3
Millennial Potash Corp is a Canadian resource company focused on the exploration and development of potash deposits. The company's flagship asset is the Banio Potash Project located along the coast of Gabon, West Africa, which has the potential to have all the right characteristics to become a producer of potash.

Millennial Potash (TSXV:MLP) Headlines

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