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

Novagold Resources Pretax Margin % Chart

Novagold Resources Annual Data
	Trend	Nov14	Nov15	Nov16	Nov17	Nov18	Nov19	Nov20	Nov21	Nov22	Nov23
Pretax Margin %		Get a 7-Day Free Trial					-	-	-	-	-

Novagold Resources Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Pretax Margin %	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Novagold Resources's Pretax Margin %

For the Gold subindustry, Novagold 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.

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

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

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

Novagold 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.

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

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

* 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.

Novagold Resources  (AMEX:NG) 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.

Novagold Resources Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Novagold Resources's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Novagold Resources (Novagold Resources) Business Description