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Heritage Mining (XCNQ:HML) Pretax Margin % : % (As of Mar. 2024)


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What is Heritage Mining Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Heritage Mining's Pre-Tax Income for the three months ended in Mar. 2024 was C$-0.50 Mil. Heritage Mining's Revenue for the three months ended in Mar. 2024 was C$0.00 Mil. Therefore, Heritage Mining's pretax margin for the quarter that ended in Mar. 2024 was %.

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


XCNQ:HML's Pretax Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.46
* Ranked among companies with meaningful Pretax Margin % only.

Heritage Mining Pretax Margin % Historical Data

The historical data trend for Heritage Mining'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.

Heritage Mining Pretax Margin % Chart

Heritage Mining Annual Data
Trend Dec21 Dec22 Dec23
Pretax Margin %
- - -

Heritage Mining Quarterly Data
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 - - - - -

Competitive Comparison of Heritage Mining's Pretax Margin %

For the Other Precious Metals & Mining subindustry, Heritage Mining'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.


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

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

* The bar in red indicates where Heritage Mining's Pretax Margin % falls into.



Heritage Mining 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.

Heritage Mining'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 )
=-2.695/0
= %

Heritage Mining'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 )
=-0.5/0
= %

* 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.


Heritage Mining  (XCNQ:HML) 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.


Heritage Mining Pretax Margin % Related Terms

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Heritage Mining (XCNQ:HML) Business Description

Traded in Other Exchanges
N/A
Address
1055 West Hastings Street, Suite 1700, Vancouver, BC, CAN, V6E 2E9
Website
Heritage Mining Ltd is engaged in the business of exploration for gold and other metals across Canada. The company's principal objectives are to explore and develop the Drayton - Black Lake Property and to identify other properties worthy of investment and exploration. The Drayton - Black Lake Project consists of 720 mining claims located in the Patricia Mining Division totaling approximately 14,921.18 hectares.
Executives
Peter Schloo Director, Senior Officer

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