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Thungela Resources (Thungela Resources) Pretax Margin % : 17.87% (As of Dec. 2023)


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What is Thungela Resources Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Thungela Resources's Pre-Tax Income for the six months ended in Dec. 2023 was $156 Mil. Thungela Resources's Revenue for the six months ended in Dec. 2023 was $873 Mil. Therefore, Thungela Resources's pretax margin for the quarter that ended in Dec. 2023 was 17.87%.

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

TNGRF' s Pretax Margin % Range Over the Past 10 Years
Min: -41.83   Med: 26.03   Max: 47.57
Current: 23.51


TNGRF's Pretax Margin % is ranked better than
75.78% of 128 companies
in the Other Energy Sources industry
Industry Median: 11.29 vs TNGRF: 23.51

Thungela Resources Pretax Margin % Historical Data

The historical data trend for Thungela 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.

* Premium members only.

Thungela Resources Pretax Margin % Chart

Thungela Resources Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -41.83 -11.68 28.57 47.57 23.51

Thungela Resources Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.65 44.96 50.35 29.90 17.87

Competitive Comparison of Thungela Resources's Pretax Margin %

For the Thermal Coal subindustry, Thungela 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.


Thungela Resources's Pretax Margin % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Thungela Resources's Pretax Margin % distribution charts can be found below:

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



Thungela 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.

Thungela Resources'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 )
=386.523/1644.09
=23.51 %

Thungela Resources'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 )
=156.123/873.46
=17.87 %

* 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.


Thungela Resources  (OTCPK:TNGRF) 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.


Thungela Resources Pretax Margin % Related Terms

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Thungela Resources (Thungela Resources) Business Description

Traded in Other Exchanges
Address
25 Bath Avenue, Rosebank, Johannesburg, GT, ZAF, 2196
Thungela Resources Ltd is a pure-play producer and exporter of thermal coal in South Africa. It owns interests in various mining operations, namely Goedehoop, Greenside, Isibonelo, Khwezela, AAIC, Mafube Coal Mining and Butsanani Energy which consist of both underground and open cast mines located in the Mpumalanga province of South Africa.

Thungela Resources (Thungela Resources) Headlines