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Lucara Diamond (Lucara Diamond) Pretax Margin % : -45.92% (As of Dec. 2023)


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What is Lucara Diamond Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Lucara Diamond's Pre-Tax Income for the three months ended in Dec. 2023 was $-16.8 Mil. Lucara Diamond's Revenue for the three months ended in Dec. 2023 was $36.5 Mil. Therefore, Lucara Diamond's pretax margin for the quarter that ended in Dec. 2023 was -45.92%.

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

LUCRF' s Pretax Margin % Range Over the Past 10 Years
Min: -25.07   Med: 25.09   Max: 60.48
Current: 7.11


LUCRF's Pretax Margin % is ranked better than
66.55% of 861 companies
in the Metals & Mining industry
Industry Median: 0.72 vs LUCRF: 7.11

Lucara Diamond Pretax Margin % Historical Data

The historical data trend for Lucara Diamond'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.

Lucara Diamond Pretax Margin % Chart

Lucara Diamond 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 8.39 -25.07 19.73 30.44 7.08

Lucara Diamond Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 8.11 12.07 24.82 24.54 -45.92

Competitive Comparison of Lucara Diamond's Pretax Margin %

For the Other Precious Metals & Mining subindustry, Lucara Diamond'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.


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

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

* The bar in red indicates where Lucara Diamond's Pretax Margin % falls into.



Lucara Diamond 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.

Lucara Diamond'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 )
=12.56/177.371
=7.08 %

Lucara Diamond'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 )
=-16.781/36.542
=-45.92 %

* 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.


Lucara Diamond  (OTCPK:LUCRF) 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.


Lucara Diamond Pretax Margin % Related Terms

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Lucara Diamond (Lucara Diamond) Business Description

Traded in Other Exchanges
Address
1250 Homer Street, 502, Vancouver, BC, CAN, V6B 2Y5
Lucara Diamond Corp is a diamond mining company engaged in the development and operations of diamond properties in Africa. Its business segment includes Karowe Mine, Corporate and other. The company earns the majority of its revenue from the Karowe Mine segment.

Lucara Diamond (Lucara Diamond) Headlines

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