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Mineral Commodities (ASX:MRC) Pretax Margin % : -92.21% (As of Dec. 2023)


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What is Mineral Commodities Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mineral Commodities's Pre-Tax Income for the six months ended in Dec. 2023 was A$-18.35 Mil. Mineral Commodities's Revenue for the six months ended in Dec. 2023 was A$19.90 Mil. Therefore, Mineral Commodities's pretax margin for the quarter that ended in Dec. 2023 was -92.21%.

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

ASX:MRC' s Pretax Margin % Range Over the Past 10 Years
Min: -51.4   Med: 19.73   Max: 28
Current: -51.4


ASX:MRC's Pretax Margin % is ranked worse than
69.75% of 866 companies
in the Metals & Mining industry
Industry Median: 1.07 vs ASX:MRC: -51.40

Mineral Commodities Pretax Margin % Historical Data

The historical data trend for Mineral Commodities'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.

Mineral Commodities Pretax Margin % Chart

Mineral Commodities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.94 26.15 -10.62 -27.18 -51.35

Mineral Commodities Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -28.97 -17.40 -40.86 -14.94 -92.21

Competitive Comparison of Mineral Commodities's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, Mineral Commodities'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.


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

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

* The bar in red indicates where Mineral Commodities's Pretax Margin % falls into.



Mineral Commodities 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.

Mineral Commodities's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-21.685/42.228
=-51.35 %

Mineral Commodities'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 )
=-18.349/19.9
=-92.21 %

* 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.


Mineral Commodities  (ASX:MRC) 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.


Mineral Commodities Pretax Margin % Related Terms

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Mineral Commodities Business Description

Traded in Other Exchanges
Address
Unit 2, 59 Belmont Avenue, Belmont, WA, AUS, 6104
Mineral Commodities Ltd is a mineral exploration and development company. It has mineral sands projects in South Africa. It is also engaged in exploration activities in Iran, and Australia. The company has five reportable segments: Mineral sands mining and production (Tormin Mineral Sands project) - South Africa; 2. Mineral sands exploration (Xolobeni Mineral Sands project) - South Africa; 3. Graphite mining and production (Skaland) - Norway; 4. Exploration activities - Australia; and 5. Corporate (management and administration of the Company's projects) - Australia, South Africa, and Norway.