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Patriot Lithium (ASX:PAT) Pretax Margin % : % (As of Dec. 2023)


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What is Patriot Lithium Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Patriot Lithium's Pre-Tax Income for the six months ended in Dec. 2023 was A$-3.94 Mil. Patriot Lithium's Revenue for the six months ended in Dec. 2023 was A$0.00 Mil. Therefore, Patriot Lithium's pretax margin for the quarter that ended in Dec. 2023 was %.

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


ASX:PAT's Pretax Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 1.07
* Ranked among companies with meaningful Pretax Margin % only.

Patriot Lithium Pretax Margin % Historical Data

The historical data trend for Patriot Lithium'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.

Patriot Lithium Pretax Margin % Chart

Patriot Lithium Annual Data
Trend Jun22 Jun23
Pretax Margin %
- -

Patriot Lithium Semi-Annual Data
Dec22 Jun23 Dec23
Pretax Margin % - - -

Competitive Comparison of Patriot Lithium's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, Patriot Lithium'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.


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

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

* The bar in red indicates where Patriot Lithium's Pretax Margin % falls into.



Patriot Lithium 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.

Patriot Lithium'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 )
=-4.89/0
= %

Patriot Lithium'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 )
=-3.944/0
= %

* 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.


Patriot Lithium  (ASX:PAT) 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.


Patriot Lithium Pretax Margin % Related Terms

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Patriot Lithium Business Description

Traded in Other Exchanges
N/A
Address
16 Milligan Street, Level 3, Perth, WA, AUS, 6000
Patriot Lithium Ltd is focused on acquiring, exploring and developing lithium projects in South Dakota, Wyoming and Arizona in the United States of America. The company has three project areas, namely the Keystone Project comprising of 255 unpatented lode mining claims, the Tinton West Project comprising the TSD Claim Group of 20 unpatented lode mining claims and the TW Claim Group of 49 unpatented lode mining claims, and the Wickenburg Project comprising of 347 unpatented lode mining claims. The company is also engaged in the Ontario Lithium project.

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