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LFNT Resources (XCNQ:LFNT) Pretax Margin % : % (As of Jan. 2024)


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What is LFNT Resources Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. LFNT Resources's Pre-Tax Income for the three months ended in Jan. 2024 was C$-0.03 Mil. LFNT Resources's Revenue for the three months ended in Jan. 2024 was C$0.00 Mil. Therefore, LFNT Resources's pretax margin for the quarter that ended in Jan. 2024 was %.

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


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

LFNT Resources Pretax Margin % Historical Data

The historical data trend for LFNT 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.

LFNT Resources Pretax Margin % Chart

LFNT Resources Annual Data
Trend Oct22 Oct23
Pretax Margin %
- -

LFNT Resources Quarterly Data
Jan23 Apr23 Jul23 Oct23 Jan24
Pretax Margin % - - - - -

Competitive Comparison of LFNT Resources's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, LFNT 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.


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

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

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



LFNT 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.

LFNT Resources's Pretax Margin for the fiscal year that ended in Oct. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Oct. 2023 )/Revenue (A: Oct. 2023 )
=-0.325/0
= %

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

Pretax Margin=Pre-Tax Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=-0.028/0
= %

* 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.


LFNT Resources  (XCNQ:LFNT) 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.


LFNT Resources Pretax Margin % Related Terms

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LFNT Resources (XCNQ:LFNT) Business Description

Traded in Other Exchanges
N/A
Address
750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7
Website
LFNT Resources Corp y is currently engaged in the business of exploration of mineral properties in Canada. Its activities include the acquisition, exploration, and development of mineral exploration properties. It holds interest in Skyfire Property which consists of nearly 7 mining cell claims totaling approximately 1897 hectares of land in the Cariboo Mining Division, British Columbia, Canada.

LFNT Resources (XCNQ:LFNT) Headlines

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