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Grid Metals (Grid Metals) Operating Margin % : 0.00% (As of Mar. 2024)


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What is Grid Metals Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Grid Metals's Operating Income for the three months ended in Mar. 2024 was $-2.40 Mil. Grid Metals's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Therefore, Grid Metals's Operating Margin % for the quarter that ended in Mar. 2024 was 0.00%.

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


MSMGF's Operating Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 1.685
* Ranked among companies with meaningful Operating Margin % only.

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

Grid Metals's Operating Income for the three months ended in Mar. 2024 was $-2.40 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $-4.98 Mil.


Grid Metals Operating Margin % Historical Data

The historical data trend for Grid 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.

Grid Metals Operating Margin % Chart

Grid Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
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Grid Metals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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Competitive Comparison of Grid Metals's Operating Margin %

For the Other Industrial Metals & Mining subindustry, Grid 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.


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

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

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



Grid 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.

Grid Metals's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-8.344 / 0
= %

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

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=-2.399 / 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.


Grid Metals  (OTCPK:MSMGF) 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.


Grid Metals Operating Margin % Related Terms

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Grid Metals (Grid Metals) Business Description

Traded in Other Exchanges
Address
3335 Yonge Street, Suite 304, Toronto, ON, CAN, M5N 2M1
Grid Metals Corp is an exploration and development company currently focused on exploration and resource growth at its properties in Manitoba and Ontario. The company has a diversified portfolio of properties where it is actively exploring for Nickel-Copper-PGM-Cobalt, palladium, and lithium. The Makwa Mayville Project 145 km from Winnipeg MB has a significant NI 43-101 compliant resource of nickel-copper and platinum group metals and a highly prospective lithium property.