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Steadright Critical Minerals (XCNQ:SCM) Operating Margin % : 0.00% (As of Sep. 2024)


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What is Steadright Critical Minerals Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Steadright Critical Minerals's Operating Income for the three months ended in Sep. 2024 was C$-0.41 Mil. Steadright Critical Minerals's Revenue for the three months ended in Sep. 2024 was C$0.00 Mil. Therefore, Steadright Critical Minerals's Operating Margin % for the quarter that ended in Sep. 2024 was 0.00%.

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


XCNQ:SCM's Operating Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 3.755
* Ranked among companies with meaningful Operating Margin % only.

Steadright Critical Minerals's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Steadright Critical Minerals's Operating Income for the three months ended in Sep. 2024 was C$-0.41 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was C$-1.13 Mil.


Steadright Critical Minerals Operating Margin % Historical Data

The historical data trend for Steadright Critical Minerals'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.

Steadright Critical Minerals Operating Margin % Chart

Steadright Critical Minerals Annual Data
Trend Mar22 Mar23 Mar24
Operating Margin %
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Steadright Critical Minerals Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Steadright Critical Minerals's Operating Margin %

For the Other Industrial Metals & Mining subindustry, Steadright Critical Minerals'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.


Steadright Critical Minerals's Operating Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Steadright Critical Minerals's Operating Margin % falls into.


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Steadright Critical Minerals 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.

Steadright Critical Minerals's Operating Margin % for the fiscal year that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=-0.568 / 0
= %

Steadright Critical Minerals's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=-0.41 / 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.


Steadright Critical Minerals  (XCNQ:SCM) 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.


Steadright Critical Minerals Operating Margin % Related Terms

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Steadright Critical Minerals Business Description

Traded in Other Exchanges
N/A
Address
1 Crescent Road, Suite 216, Huntsville, ON, CAN, P1H 1Z6
Steadright Critical Minerals Inc is a mining exploration company. The company is engaged in the exploration and evaluation of mineral properties. It explores nickel, copper cobalt, and PGE (Platinum Group Elements) minerals. The company has a focus on the RAM project located within the Province of Quebec.
Executives
John Morgan Director, Senior Officer
Urbanski Mark Director
Palkovits Robert Senior Officer