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Oceanic Iron Ore (TSXV:FEO) Operating Margin % : 0.00% (As of Mar. 2024)


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What is Oceanic Iron Ore Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Oceanic Iron Ore's Operating Income for the three months ended in Mar. 2024 was C$-0.14 Mil. Oceanic Iron Ore's Revenue for the three months ended in Mar. 2024 was C$0.00 Mil. Therefore, Oceanic Iron Ore's Operating Margin % for the quarter that ended in Mar. 2024 was 0.00%.

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


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

Oceanic Iron Ore's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Oceanic Iron Ore's Operating Income for the three months ended in Mar. 2024 was C$-0.14 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.60 Mil.


Oceanic Iron Ore Operating Margin % Historical Data

The historical data trend for Oceanic Iron Ore'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.

Oceanic Iron Ore Operating Margin % Chart

Oceanic Iron Ore Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
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Oceanic Iron Ore Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Oceanic Iron Ore's Operating Margin %

For the Other Industrial Metals & Mining subindustry, Oceanic Iron Ore'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.


Oceanic Iron Ore's Operating Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Oceanic Iron Ore's Operating Margin % falls into.



Oceanic Iron Ore 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.

Oceanic Iron Ore'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 )
=-0.571 / 0
= %

Oceanic Iron Ore'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 )
=-0.139 / 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.


Oceanic Iron Ore  (TSXV:FEO) 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.


Oceanic Iron Ore Operating Margin % Related Terms

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Oceanic Iron Ore (TSXV:FEO) Business Description

Traded in Other Exchanges
Address
595 Burrard Street, Suite 3083, Three Bentall Centre, Vancouver, BC, CAN, V7X 1L3
Oceanic Iron Ore Corp is an exploration-stage company. It is engaged in the acquisition and exploration of iron ore properties in Quebec, Canada. The company focuses on the operations of the Ungava Bay iron property in Nunavik, Quebec which consists of three project areas: Hopes Advance, Morgan Lake, and Roberts Lake.
Executives
Gordon Keep Director, Senior Officer
Steven Dean Director
Bing Pan Senior Officer
John Reynolds Director