GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Eureka Lithium Corp (OTCPK:UREKF) » Definitions » Pretax Margin %

UREKF (Eureka Lithium) Pretax Margin % : % (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Eureka Lithium Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Eureka Lithium's Pre-Tax Income for the three months ended in Sep. 2024 was $-1.07 Mil. Eureka Lithium's Revenue for the three months ended in Sep. 2024 was $0.00 Mil. Therefore, Eureka Lithium's pretax margin for the quarter that ended in Sep. 2024 was %.

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


UREKF's Pretax Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 1.6
* Ranked among companies with meaningful Pretax Margin % only.

Eureka Lithium Pretax Margin % Historical Data

The historical data trend for Eureka 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.

* Premium members only.

Eureka Lithium Pretax Margin % Chart

Eureka Lithium Annual Data
Trend Dec21 Dec22 Dec23
Pretax Margin %
- - -

Eureka Lithium Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Eureka Lithium's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, Eureka 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.


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

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

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



Eureka 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.

Eureka Lithium'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 )
=-4.517/0
= %

Eureka Lithium's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-1.071/0
= %

* 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.


Eureka Lithium  (OTCPK:UREKF) 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.


Eureka Lithium Pretax Margin % Related Terms

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


Eureka Lithium Business Description

Traded in Other Exchanges
Address
666 Burrard Street, 2800 Park Place, Vancouver, BC, CAN, V6C 2Z7
Eureka Lithium Corp is a junior mining company engaged in the acquisition, exploration, and development of mineral properties. It has a Lithium project in Nunavik which are Raglan West District, Raglan South District, and New Leaf District.