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Magnum Mining and Exploration (Magnum Mining and Exploration) Pretax Margin % : % (As of Jun. 2023)


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What is Magnum Mining and Exploration Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Magnum Mining and Exploration's Pre-Tax Income for the six months ended in Jun. 2023 was $-1.14 Mil. Magnum Mining and Exploration's Revenue for the six months ended in Jun. 2023 was $0.00 Mil. Therefore, Magnum Mining and Exploration's pretax margin for the quarter that ended in Jun. 2023 was %.

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

MGUFF' s Pretax Margin % Range Over the Past 10 Years
Min: -55133.33   Med: -34663.73   Max: -14194.12
Current: -55133.33


MGUFF's Pretax Margin % is ranked worse than
96.5% of 856 companies
in the Metals & Mining industry
Industry Median: 0.585 vs MGUFF: -55133.33

Magnum Mining and Exploration Pretax Margin % Historical Data

The historical data trend for Magnum Mining and Exploration'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.

Magnum Mining and Exploration Pretax Margin % Chart

Magnum Mining and Exploration 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 - - - -14,156.52 -55,350.00

Magnum Mining and Exploration 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 - - - - -

Competitive Comparison of Magnum Mining and Exploration's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, Magnum Mining and Exploration'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.


Magnum Mining and Exploration's Pretax Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Magnum Mining and Exploration's Pretax Margin % falls into.



Magnum Mining and Exploration 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.

Magnum Mining and Exploration'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 )
=-2.214/0.004
=-55,350.00 %

Magnum Mining and Exploration's Pretax Margin for the quarter that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=-1.14/0
= %

* 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.


Magnum Mining and Exploration  (OTCPK:MGUFF) 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.


Magnum Mining and Exploration Pretax Margin % Related Terms

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Magnum Mining and Exploration (Magnum Mining and Exploration) Business Description

Traded in Other Exchanges
Address
52 Phillip Street, Level 11, Sydney, NSW, AUS, 2000
Magnum Mining and Exploration Ltd is a mining and exploration company. Its geographical segments include Australia, the United States, and South Africa. The company's projects include Buena Vista Magnetite Project and HIsmelt Green Pig Iron Project.

Magnum Mining and Exploration (Magnum Mining and Exploration) Headlines

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