GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Galileo Mining Ltd (ASX:GAL) » Definitions » Pretax Margin %

Galileo Mining (ASX:GAL) Pretax Margin % : % (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Galileo Mining Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Galileo Mining's Pre-Tax Income for the six months ended in Dec. 2023 was A$-0.75 Mil. Galileo Mining's Revenue for the six months ended in Dec. 2023 was A$0.00 Mil. Therefore, Galileo Mining's pretax margin for the quarter that ended in Dec. 2023 was %.

The historical rank and industry rank for Galileo Mining's Pretax Margin % or its related term are showing as below:


ASX:GAL's Pretax Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.42
* Ranked among companies with meaningful Pretax Margin % only.

Galileo Mining Pretax Margin % Historical Data

The historical data trend for Galileo Mining's Pretax 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.

Galileo Mining Pretax Margin % Chart

Galileo Mining Annual Data
Trend Dec17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Pretax Margin %
Get a 7-Day Free Trial - - - - -

Galileo Mining Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Galileo Mining's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, Galileo Mining's Pretax Margin %, along with its competitors' market caps and Pretax 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.


Galileo Mining's Pretax Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Galileo Mining's Pretax Margin % falls into.



Galileo Mining Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Galileo Mining's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=-1.533/0
= %

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

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-0.751/0
= %

* 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.


Galileo Mining  (ASX:GAL) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Galileo Mining Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Galileo Mining's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Galileo Mining (ASX:GAL) Business Description

Traded in Other Exchanges
N/A
Address
13 Colin Street, West Perth, Perth, WA, AUS, 6005
Galileo Mining Ltd is engaged in the business of mineral exploration and development in Western Australia. It holds interests in the Fraser Range Project which covers exploration licences of approximately 492 km2 in the Albany-Fraser Orogen and Norseman Project which comprises exploration and prospecting licenses covering a total area of approximately 351 km2.

Galileo Mining (ASX:GAL) Headlines