GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Western Atlas Resources Inc (TSXV:WA) » Definitions » Pretax Margin %

Western Atlas Resources (TSXV:WA) Pretax Margin % : % (As of Mar. 2024)


View and export this data going back to 1983. Start your Free Trial

What is Western Atlas Resources Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Western Atlas Resources's Pre-Tax Income for the three months ended in Mar. 2024 was C$-0.11 Mil. Western Atlas Resources's Revenue for the three months ended in Mar. 2024 was C$0.00 Mil. Therefore, Western Atlas Resources's pretax margin for the quarter that ended in Mar. 2024 was %.

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


TSXV:WA's Pretax Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.64
* Ranked among companies with meaningful Pretax Margin % only.

Western Atlas Resources Pretax Margin % Historical Data

The historical data trend for Western Atlas 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.

Western Atlas Resources Pretax Margin % Chart

Western Atlas Resources Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Western Atlas Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Western Atlas Resources's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, Western Atlas 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.


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

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

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



Western Atlas 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.

Western Atlas 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 )
=-0.675/0
= %

Western Atlas Resources's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-0.111/0
= %

* 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.


Western Atlas Resources  (TSXV:WA) 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.


Western Atlas Resources Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Western Atlas Resources's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Atlas Resources (TSXV:WA) Business Description

Traded in Other Exchanges
Address
666 Burrard Street, Suite 1700, Park Place, Vancouver, BC, CAN, V6C 2X8
Western Atlas Resources Inc is a mineral exploration company operating in Canada. It has one reportable operating segment in one country, being the exploration of mineral resource properties in Canada. It is principally engaged in the discovery, acquisition, and development of mineral deposits in premier mining jurisdictions. The projects of the company include the Meadowbank project.

Western Atlas Resources (TSXV:WA) Headlines

No Headlines