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Highwood Asset Management (TSXV:HAM) Pretax Margin % : 204.45% (As of Dec. 2023)


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What is Highwood Asset Management Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Highwood Asset Management's Pre-Tax Income for the three months ended in Dec. 2023 was C$51.46 Mil. Highwood Asset Management's Revenue for the three months ended in Dec. 2023 was C$25.17 Mil. Therefore, Highwood Asset Management's pretax margin for the quarter that ended in Dec. 2023 was 204.45%.

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

TSXV:HAM' s Pretax Margin % Range Over the Past 10 Years
Min: -46   Med: -4.32   Max: 107.95
Current: 107.95


TSXV:HAM's Pretax Margin % is ranked better than
98.16% of 977 companies
in the Oil & Gas industry
Industry Median: 6.42 vs TSXV:HAM: 107.95

Highwood Asset Management Pretax Margin % Historical Data

The historical data trend for Highwood Asset Management'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.

Highwood Asset Management Pretax Margin % Chart

Highwood Asset Management Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial -33.36 -46.00 -25.11 36.38 107.95

Highwood Asset Management Quarterly Data
Mar19 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 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 5.18 0.14 -46.08 -7.32 204.45

Competitive Comparison of Highwood Asset Management's Pretax Margin %

For the Oil & Gas E&P subindustry, Highwood Asset Management'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.


Highwood Asset Management's Pretax Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Highwood Asset Management's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Highwood Asset Management's Pretax Margin % falls into.



Highwood Asset Management 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.

Highwood Asset Management'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 )
=49.457/45.813
=107.95 %

Highwood Asset Management'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 )
=51.46/25.17
=204.45 %

* 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.


Highwood Asset Management  (TSXV:HAM) 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.


Highwood Asset Management Pretax Margin % Related Terms

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Highwood Asset Management (TSXV:HAM) Business Description

Traded in Other Exchanges
N/A
Address
221 10th Avenue South East, Suite 202, Calgary, AB, CAN, T2G 0V9
Highwood Asset Management Ltd is an asset management entity overseeing various operations including clean energy transition subsectors with a focus on ESG also it looks at current activities in the industrial metals & minerals, oil production and oil midstream spaces. The company has four reportable segment which are Upstream Segment, Midstream Segment, Metallic Mineral Segment, Corporate and Other Segment. All segments are located geographically within Canada, more specifically Alberta, Saskatchewan and British Columbia.

Highwood Asset Management (TSXV:HAM) Headlines

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