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Vencanna Ventures (XCNQ:VENI) Operating Margin % : 0.00% (As of Jan. 2024)


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What is Vencanna Ventures Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Vencanna Ventures's Operating Income for the three months ended in Jan. 2024 was C$-0.21 Mil. Vencanna Ventures's Revenue for the three months ended in Jan. 2024 was C$0.00 Mil. Therefore, Vencanna Ventures's Operating Margin % for the quarter that ended in Jan. 2024 was 0.00%.

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


XCNQ:VENI's Operating Margin % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 6.285
* Ranked among companies with meaningful Operating Margin % only.

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

Vencanna Ventures's Operating Income for the three months ended in Jan. 2024 was C$-0.21 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2024 was C$-0.81 Mil.


Vencanna Ventures Operating Margin % Historical Data

The historical data trend for Vencanna Ventures'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.

Vencanna Ventures Operating Margin % Chart

Vencanna Ventures Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Operating Margin %
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Vencanna Ventures Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Vencanna Ventures's Operating Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Vencanna Ventures'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.


Vencanna Ventures's Operating Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Vencanna Ventures's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Vencanna Ventures's Operating Margin % falls into.



Vencanna Ventures 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.

Vencanna Ventures's Operating Margin % for the fiscal year that ended in Apr. 2023 is calculated as

Operating Margin %=Operating Income (A: Apr. 2023 ) / Revenue (A: Apr. 2023 )
=-0.986 / 0
= %

Vencanna Ventures's Operating Margin % for the quarter that ended in Jan. 2024 is calculated as

Operating Margin %=Operating Income (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=-0.207 / 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.


Vencanna Ventures  (XCNQ:VENI) 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.


Vencanna Ventures Operating Margin % Related Terms

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Vencanna Ventures Business Description

Traded in Other Exchanges
N/A
Address
250 - 6th Avenue South West, Suite 310, Calgary, AB, CAN, T2P 3H7
Top Strike Resources Corp aims to provide investors with a diversified, high-growth, cannabis investment strategy through strategic investments and acquisitions focused throughout the value chain (cultivation, processing, and distribution, including ancillary businesses.
Executives
David Gordon Mcgorman Senior Officer

Vencanna Ventures Headlines

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