Avventura Resources (XCNQ:AA) Pretax Margin %: % (As of Jun. 2024)

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What is Avventura Resources Pretax Margin %?

Avventura Resources XCNQ:AA Pretax Margin % is % as of Jun. 2024.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Avventura Resources's Pre-Tax Income for the three months ended in Jun. 2024 was C$-0.05 Mil. Avventura Resources's Revenue for the three months ended in Jun. 2024 was C$0.00 Mil. Therefore, Avventura Resources's pretax margin for the quarter that ended in Jun. 2024 was %.

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


XCNQ:AA's Pretax Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 5.735
* Ranked among companies with meaningful Pretax Margin % only.

Avventura Resources  (XCNQ:AA) 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.

Avventura Resources Pretax Margin % Related Terms

Avventura Resources Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Avventura 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.

Avventura Resources Pretax Margin % Chart

Avventura Resources Annual Data
Trend Dec22
Pretax Margin %
0.00

Avventura Resources Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

XCNQ:AA vs : Pretax Margin % Comparison

For the Gold subindustry, Avventura 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.

Avventura Resources Pretax Margin % vs Metals & Mining Industry

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

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


Avventura 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.

Avventura Resources's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=0/0
= %

Avventura Resources's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=-0.045/0
= %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of % mean?
Avventura Resources (XCNQ:AA) has a Pretax Margin % of % as of Jun. 2024. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Avventura Resources and its competitors.
Is Avventura Resources' Pretax Margin % too high?
Avventura Resources' current Pretax Margin % is %.
How does Avventura Resources' Pretax Margin % compare to ?
Avventura Resources' Pretax Margin % of % can be compared against companies in the Metals & Mining industry. The industry median Pretax Margin % is 5.74. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Metals & Mining company?
The median Pretax Margin % among Metals & Mining companies is 5.74, based on 846 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Avventura Resources and its competitors. For the Metals & Mining industry, the median Pretax Margin % is 5.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avventura Resources's current Pretax Margin % is %. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avventura Resources stock overvalued right now?
Avventura Resources (XCNQ:AA) has a current Pretax Margin % of %. The current Pretax Margin % is %. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Avventura Resources (XCNQ:AA), the current Pretax Margin % is % as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Avventura Resources Business Description

Comparable Companies
Address 9285-203B Street, Langley, BC, CAN, V1M 2L9
Avventura Resources Ltd is engaged in the acquisition and exploration of mineral properties. The Company currently has the option to acquire a one hundred percent (100%) undivided interest in the Horwood Property. The Horwood Property is comprised of two hundred and ninety-six mining claim cells, arranged into forty-five Multicell Claims which form two non-contiguous blocks, covering a total area of 68.36 km2 after accommodating for overlaps with private patented claims located in Horwood and Silk Townships in the Sudbury District of Ontario, approximately 90 kilometers southwest of Timmins in a straight line. Its exploration program will be principally focused on gold exploration.