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Westward Gold (Westward Gold) Operating Margin % : 0.00% (As of Dec. 2023)


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What is Westward Gold Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Westward Gold's Operating Income for the three months ended in Dec. 2023 was $-0.41 Mil. Westward Gold's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Therefore, Westward Gold's Operating Margin % for the quarter that ended in Dec. 2023 was 0.00%.

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


WGLIF's Operating Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 1.73
* Ranked among companies with meaningful Operating Margin % only.

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

Westward Gold's Operating Income for the three months ended in Dec. 2023 was $-0.41 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.97 Mil.


Westward Gold Operating Margin % Historical Data

The historical data trend for Westward Gold'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.

Westward Gold Operating Margin % Chart

Westward Gold Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Operating Margin %
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Westward Gold Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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Competitive Comparison of Westward Gold's Operating Margin %

For the Gold subindustry, Westward Gold'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.


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

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

* The bar in red indicates where Westward Gold's Operating Margin % falls into.



Westward Gold 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.

Westward Gold's Operating Margin % for the fiscal year that ended in Mar. 2023 is calculated as

Operating Margin %=Operating Income (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=-1.034 / 0
= %

Westward Gold's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-0.408 / 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.


Westward Gold  (OTCPK:WGLIF) 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.


Westward Gold Operating Margin % Related Terms

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Westward Gold (Westward Gold) Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6E 4N7
Westward Gold Inc is a mineral exploration company focused on developing the Toiyabe and Turquoise Canyon Projects located in the Cortez Hills area of Lander County, Nevada. It is also advancing the Mulloy Project in Northern Ontario.

Westward Gold (Westward Gold) Headlines

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