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EUEMF (Grit Metals) Operating Margin % : 0.00% (As of Nov. 2024)


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What is Grit Metals Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Grit Metals's Operating Income for the three months ended in Nov. 2024 was $-0.21 Mil. Grit Metals's Revenue for the three months ended in Nov. 2024 was $0.00 Mil. Therefore, Grit Metals's Operating Margin % for the quarter that ended in Nov. 2024 was 0.00%.

The historical rank and industry rank for Grit Metals's Operating Margin % or its related term are showing as below:


EUEMF's Operating Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.46
* Ranked among companies with meaningful Operating Margin % only.

Grit Metals's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Grit Metals's Operating Income for the three months ended in Nov. 2024 was $-0.21 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Nov. 2024 was $-0.83 Mil.


Grit Metals Operating Margin % Historical Data

The historical data trend for Grit Metals's Operating 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.

Grit Metals Operating Margin % Chart

Grit Metals Annual Data
Trend May21 May22 May23 May24
Operating Margin %
- - - -

Grit Metals Quarterly Data
May21 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Grit Metals's Operating Margin %

For the Other Industrial Metals & Mining subindustry, Grit Metals's Operating Margin %, along with its competitors' market caps and Operating 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.


Grit Metals's Operating Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Grit Metals's Operating Margin % falls into.


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Grit Metals Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Grit Metals's Operating Margin % for the fiscal year that ended in May. 2024 is calculated as

Operating Margin %=Operating Income (A: May. 2024 ) / Revenue (A: May. 2024 )
=-1.369 / 0
= %

Grit Metals's Operating Margin % for the quarter that ended in Nov. 2024 is calculated as

Operating Margin %=Operating Income (Q: Nov. 2024 ) / Revenue (Q: Nov. 2024 )
=-0.211 / 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.


Grit Metals  (OTCPK:EUEMF) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Grit Metals Operating Margin % Related Terms

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Grit Metals Business Description

Traded in Other Exchanges
Address
503 - 905 West Pender Street, Vancouver, BC, CAN, V6C 1L6
Grit Metals Corp is a junior mining company currently focussed on the Lithium-Cesium-Tantalum Finnish Pegmatite Project in central Finland. Governing bodies in Europe and Finland are legislating environmentally friendly and energy-independent laws and policies. Its key component is access to REE and, specifically, lithium. The company's exploration licenses are located within the Keliber mine and production complex, currently under construction and expected to begin production in H2 2025.

Grit Metals Headlines