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Taqat Mineral Trading Co (SAU:9599) Pretax Margin % : -4.09% (As of Jun. 2024)


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What is Taqat Mineral Trading Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Taqat Mineral Trading Co's Pre-Tax Income for the six months ended in Jun. 2024 was ﷼-3.47 Mil. Taqat Mineral Trading Co's Revenue for the six months ended in Jun. 2024 was ﷼84.87 Mil. Therefore, Taqat Mineral Trading Co's pretax margin for the quarter that ended in Jun. 2024 was -4.09%.

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

SAU:9599' s Pretax Margin % Range Over the Past 10 Years
Min: -4.09   Med: 0   Max: 0
Current: -4.09


SAU:9599's Pretax Margin % is ranked worse than
80.72% of 2987 companies
in the Industrial Products industry
Industry Median: 6.33 vs SAU:9599: -4.09

Taqat Mineral Trading Co Pretax Margin % Historical Data

The historical data trend for Taqat Mineral Trading 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.

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Taqat Mineral Trading Co Pretax Margin % Chart

Taqat Mineral Trading Co Annual Data
Trend
Pretax Margin %

Taqat Mineral Trading Co Semi-Annual Data
Jun23 Jun24
Pretax Margin % -3.42 -4.09

Competitive Comparison of Taqat Mineral Trading Co's Pretax Margin %

For the Metal Fabrication subindustry, Taqat Mineral Trading 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.


Taqat Mineral Trading Co's Pretax Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Taqat Mineral Trading Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Taqat Mineral Trading Co's Pretax Margin % falls into.



Taqat Mineral Trading 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.

Taqat Mineral Trading Co's Pretax Margin for the fiscal year that ended in . 20 is calculated as

Pretax Margin=Pre-Tax Income (A: . 20 )/Revenue (A: . 20 )
=/
= %

Taqat Mineral Trading Co's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=-3.473/84.871
=-4.09 %

* 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.


Taqat Mineral Trading Co  (SAU:9599) 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.


Taqat Mineral Trading Co Pretax Margin % Related Terms

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Taqat Mineral Trading Co Business Description

Traded in Other Exchanges
N/A
Address
Abu Nasr Al Dabbas Road, Al Musfat District, Riyadh, SAU, 14545
Taqat Mineral Trading Co is a company whose business activities are represented in its record. commercial in construction, manufacturing, transportation, storage, water supply, sanitation activities, waste management and treatment. It works in the field of metal and scrap iron recycling.

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