Solaris Resources (TSX:SLS) Pretax Margin % : % (As of Dec. 2023)

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What is Solaris Resources Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Solaris Resources's Pre-Tax Income for the three months ended in Dec. 2023 was C$-13.48 Mil. Solaris Resources's Revenue for the three months ended in Dec. 2023 was C$0.00 Mil. Therefore, Solaris Resources's pretax margin for the quarter that ended in Dec. 2023 was %.

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

TSX:SLS's Pretax Margin % is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.72
* Ranked among companies with meaningful Pretax Margin % only.

Solaris Resources Pretax Margin % Historical Data

The historical data trend for Solaris 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.

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Solaris Resources Pretax Margin % Chart

Solaris Resources Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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Solaris Resources Quarterly Data
	Dec18	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															-	-	-	-	-

Competitive Comparison of Solaris Resources's Pretax Margin %

For the Other Precious Metals & Mining subindustry, Solaris 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.

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

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

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

Solaris 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.

Solaris 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 )
	=	-55.117	/	0
	=	%

Solaris 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 )
	=	-13.482	/	0
	=	%

Solaris Resources (TSX:SLS) 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.

Solaris Resources Pretax Margin % Related Terms

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Solaris Resources (TSX:SLS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Solaris Resources Inc (TSX:SLS) » Definitions » Pretax Margin %

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SLSSF:USA

Address

999 Canada Place, Suite 555, Vancouver, BC, CAN, V6C 3E1

Website

https://www.solarisresources.com

Solaris Resources Inc is advancing a portfolio of copper and gold assets in the Americas, which includes a high-grade resource with expansion and additional discovery potential at the Warintza copper and gold project in Ecuador; discovery potential on the grass-roots Tamarugo project in Chile and Capricho and Paco Orco projects in Peru; exposure to $130M spending 5-yrs through a farm-out agreement with Freeport-McMoRan on the Ricardo Project in Chile; and leverage to increasing copper prices through the 60% interest in the development-stage La Verde joint-venture project with Teck Resources in Mexico.