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Cornish Metals (TSXV:CUSN) Operating Margin % : 0.00% (As of Oct. 2023)


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What is Cornish Metals Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Cornish Metals's Operating Income for the three months ended in Oct. 2023 was C$-1.24 Mil. Cornish Metals's Revenue for the three months ended in Oct. 2023 was C$0.00 Mil. Therefore, Cornish Metals's Operating Margin % for the quarter that ended in Oct. 2023 was 0.00%.

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


TSXV:CUSN's Operating Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 1.99
* Ranked among companies with meaningful Operating Margin % only.

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

Cornish Metals's Operating Income for the three months ended in Oct. 2023 was C$-1.24 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Oct. 2023 was C$-4.11 Mil.


Cornish Metals Operating Margin % Historical Data

The historical data trend for Cornish 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.

Cornish Metals Operating Margin % Chart

Cornish Metals Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22
Operating Margin %
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Cornish Metals Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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Competitive Comparison of Cornish Metals's Operating Margin %

For the Other Industrial Metals & Mining subindustry, Cornish 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.


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

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

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



Cornish 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.

Cornish Metals's Operating Margin % for the fiscal year that ended in Jan. 2022 is calculated as

Operating Margin %=Operating Income (A: Jan. 2022 ) / Revenue (A: Jan. 2022 )
=-2.988 / 0
= %

Cornish 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 )
=-1.24 / 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.


Cornish Metals  (TSXV:CUSN) 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.


Cornish Metals Operating Margin % Related Terms

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Cornish Metals (TSXV:CUSN) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 960, Vancouver, BC, CAN, V6C 1H2
Cornish Metals Inc is building a portfolio of strategic metals assets in North America and the United Kingdom, and its flagship project is the past-producing South Crofty underground tin mine in Cornwall, UK. South Crofty is arguably the important historical tin mine in the UK and hosts the highest grade tin resources world wide. The project has the potential to be a high-grade tin producer in Europe.

Cornish Metals (TSXV:CUSN) Headlines

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