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Millennial Lithium (TSXV:ML) Pretax Margin % : % (As of Aug. 2021)


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What is Millennial Lithium Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Millennial Lithium's Pre-Tax Income for the three months ended in Aug. 2021 was C$-2.63 Mil. Millennial Lithium's Revenue for the three months ended in Aug. 2021 was C$0.00 Mil. Therefore, Millennial Lithium's pretax margin for the quarter that ended in Aug. 2021 was %.

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


TSXV:ML's Pretax Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.42
* Ranked among companies with meaningful Pretax Margin % only.

Millennial Lithium Pretax Margin % Historical Data

The historical data trend for Millennial Lithium'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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Millennial Lithium Pretax Margin % Chart

Millennial Lithium Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21
Pretax Margin %
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Millennial Lithium Quarterly Data
Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
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Competitive Comparison of Millennial Lithium's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, Millennial Lithium'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.


Millennial Lithium's Pretax Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Millennial Lithium's Pretax Margin % falls into.



Millennial Lithium 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.

Millennial Lithium's Pretax Margin for the fiscal year that ended in Feb. 2021 is calculated as

Pretax Margin=Pre-Tax Income (A: Feb. 2021 )/Revenue (A: Feb. 2021 )
=-9.906/0
= %

Millennial Lithium's Pretax Margin for the quarter that ended in Aug. 2021 is calculated as

Pretax Margin=Pre-Tax Income (Q: Aug. 2021 )/Revenue (Q: Aug. 2021 )
=-2.631/0
= %

* 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.


Millennial Lithium  (TSXV:ML) 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.


Millennial Lithium Pretax Margin % Related Terms

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Millennial Lithium (TSXV:ML) Business Description

Traded in Other Exchanges
N/A
Address
350 Bay Street, Suite 400, Toronto, ON, CAN, M5H 2S6
Millennial Lithium Corp is engaged in the business of acquisition, exploration and development of lithium mineral properties. The company's projects include the Pastos Grandes Lithium Project and Cauchari East Lithium Project. It has one operating segment, being the exploration of resource properties.

Millennial Lithium (TSXV:ML) Headlines