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Canada Nickel Co (Canada Nickel Co) Pretax Margin % : % (As of Jan. 2024)


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What is Canada Nickel Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Canada Nickel Co's Pre-Tax Income for the three months ended in Jan. 2024 was $-3.64 Mil. Canada Nickel Co's Revenue for the three months ended in Jan. 2024 was $0.00 Mil. Therefore, Canada Nickel Co's pretax margin for the quarter that ended in Jan. 2024 was %.

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


CNIKF's Pretax Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.72
* Ranked among companies with meaningful Pretax Margin % only.

Canada Nickel Co Pretax Margin % Historical Data

The historical data trend for Canada Nickel Co'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.

Canada Nickel Co Pretax Margin % Chart

Canada Nickel Co Annual Data
Trend Oct20 Oct21 Oct22 Oct23
Pretax Margin %
- - - -

Canada Nickel Co Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Canada Nickel Co's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, Canada Nickel Co'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.


Canada Nickel Co's Pretax Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Canada Nickel Co's Pretax Margin % falls into.



Canada Nickel Co 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.

Canada Nickel Co's Pretax Margin for the fiscal year that ended in Oct. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Oct. 2023 )/Revenue (A: Oct. 2023 )
=-8.31/0
= %

Canada Nickel Co's Pretax Margin for the quarter that ended in Jan. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=-3.639/0
= %

* 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.


Canada Nickel Co  (OTCPK:CNIKF) 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.


Canada Nickel Co Pretax Margin % Related Terms

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Canada Nickel Co (Canada Nickel Co) Business Description

Traded in Other Exchanges
Address
130 King Street West, Suite 1900, Toronto, ON, CAN, M5X1E3
Canada Nickel Co Inc is advancing the next generation of nickel-cobalt sulphide projects to deliver nickel and cobalt required to feed the high growth electric vehicle and stainless steel markets. The company has applied in multiple jurisdictions to trademark the terms NetZero Nickel, NetZero Cobalt, NetZero Iron and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel and cobalt in low political risk jurisdictions. The firm is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulphide Project in the heart of the prolific - mining camp.