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GGL Resources (GGL Resources) Pretax Margin % : % (As of Feb. 2024)


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What is GGL Resources Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. GGL Resources's Pre-Tax Income for the three months ended in Feb. 2024 was $-0.05 Mil. GGL Resources's Revenue for the three months ended in Feb. 2024 was $0.00 Mil. Therefore, GGL Resources's pretax margin for the quarter that ended in Feb. 2024 was %.

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


GGLXF's Pretax Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.48
* Ranked among companies with meaningful Pretax Margin % only.

GGL Resources Pretax Margin % Historical Data

The historical data trend for GGL Resources'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.

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GGL Resources Pretax Margin % Chart

GGL Resources Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Pretax Margin %
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GGL Resources Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of GGL Resources's Pretax Margin %

For the Other Precious Metals & Mining subindustry, GGL Resources'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.


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

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

* The bar in red indicates where GGL Resources's Pretax Margin % falls into.



GGL Resources 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.

GGL Resources's Pretax Margin for the fiscal year that ended in Nov. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Nov. 2023 )/Revenue (A: Nov. 2023 )
=-0.32/0
= %

GGL Resources's Pretax Margin for the quarter that ended in Feb. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Feb. 2024 )/Revenue (Q: Feb. 2024 )
=-0.048/0
= %

* 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.


GGL Resources  (OTCPK:GGLXF) 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.


GGL Resources Pretax Margin % Related Terms

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GGL Resources (GGL Resources) Business Description

Traded in Other Exchanges
Address
1100 Melville Street, Suite 510, Vancouver, BC, CAN, V6E 4A6
GGL Resources Corp is a resource exploration company engaged in the exploration and development of mineral properties. Its mineral property interests consist of exploration-stage mineral properties located in the Northwest Territories, Nunavut, and British Columbia in Canada and in Nevada, USA. The company holds an interest in the properties of Bishop, Gold Point, CH, Rhombus, Stein, Providence Greenstone Belt, and McConnell Creek, among others.