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Minas Metals (XCNQ:MINA) Operating Margin % : 0.00% (As of Oct. 2023)


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What is Minas Metals Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Minas Metals's Operating Income for the three months ended in Oct. 2023 was C$-0.44 Mil. Minas Metals's Revenue for the three months ended in Oct. 2023 was C$0.00 Mil. Therefore, Minas Metals's Operating Margin % for the quarter that ended in Oct. 2023 was 0.00%.

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


XCNQ:MINA's Operating Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 1.72
* Ranked among companies with meaningful Operating Margin % only.

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

Minas Metals's Operating Income for the three months ended in Oct. 2023 was C$-0.44 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Oct. 2023 was C$-0.90 Mil.


Minas Metals Operating Margin % Historical Data

The historical data trend for Minas 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.

Minas Metals Operating Margin % Chart

Minas Metals Annual Data
Trend Jan22 Jan23
Operating Margin %
- -

Minas Metals Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Minas Metals's Operating Margin %

For the Gold subindustry, Minas 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.


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

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

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



Minas 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.

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

Operating Margin %=Operating Income (A: Jan. 2023 ) / Revenue (A: Jan. 2023 )
=-0.552 / 0
= %

Minas Metals's Operating Margin % for the quarter that ended in Oct. 2023 is calculated as

Operating Margin %=Operating Income (Q: Oct. 2023 ) / Revenue (Q: Oct. 2023 )
=-0.435 / 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.


Minas Metals  (XCNQ:MINA) 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.


Minas Metals Operating Margin % Related Terms

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Minas Metals (XCNQ:MINA) Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 918, Vancouver, BC, CAN, V6E 2Y3
Minas Metals Ltd is a Canadian junior mining exploration company exploring its flagship Cracker Creek gold project in northeastern Oregon, USA, and battery metal projects in Minas Gerais state of Brazil, a mining-friendly jurisdiction that is quickly emerging as a world-class hard-rock lithium district.

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