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Summit Minerals (ASX:SUM) Pre-Tax Income : A$ Mil (TTM As of Dec. 2023)


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What is Summit Minerals Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Summit Minerals's pretax income for the six months ended in Dec. 2023 was A$-1.20 Mil. Summit Minerals does not have enough years/quarters to calculate the pretax income for the trailing twelve months (TTM) ended in Dec. 2023. Summit Minerals's pretax margin was -1,757.35%.


Summit Minerals Pre-Tax Income Historical Data

The historical data trend for Summit Minerals's Pre-Tax Income 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.

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Summit Minerals Pre-Tax Income Chart

Summit Minerals Annual Data
Trend Jun23
Pre-Tax Income
-0.96

Summit Minerals Semi-Annual Data
Dec22 Jun23 Dec23
Pre-Tax Income -0.50 -0.46 -1.20

Competitive Comparison of Summit Minerals's Pre-Tax Income

For the Other Industrial Metals & Mining subindustry, Summit Minerals's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


Summit Minerals's Pre-Tax Income Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Summit Minerals's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Summit Minerals's Pre-Tax Income falls into.



Summit Minerals Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Summit Minerals's Pretax Income for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-1.002+-0.024+0+0.066+0
=-0.96

Summit Minerals's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-1.415+0.22+0+0+0
=-1.20

* 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.


Summit Minerals  (ASX:SUM) Pre-Tax Income Explanation

Summit Minerals's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=-1.195/0.068
=-1,757.35%

* 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.


Summit Minerals Pre-Tax Income Related Terms

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Summit Minerals (ASX:SUM) Business Description

Traded in Other Exchanges
N/A
Address
389 Oxford Street, Level 1, Mount Hawthorn, WA, AUS, 6016
Summit Minerals Ltd engages in acquiring, exploring, and developing battery mineral projects in Australia. It holds interest in the following projects: Stallion REE Uranium Project (WA), the Windfall Antimony Project (NSW), the Phillips River Lithium Project (WA), and the Northern REE Lithium Projects (WA), and the Bridgetown Lithium Projects (WA).