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Waskahigan Oil & Gas (XCNQ:WOGC) Pretax Margin % : -730.00% (As of Sep. 2024)


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What is Waskahigan Oil & Gas Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Waskahigan Oil & Gas's Pre-Tax Income for the three months ended in Sep. 2024 was C$-0.07 Mil. Waskahigan Oil & Gas's Revenue for the three months ended in Sep. 2024 was C$0.01 Mil. Therefore, Waskahigan Oil & Gas's pretax margin for the quarter that ended in Sep. 2024 was -730.00%.

The historical rank and industry rank for Waskahigan Oil & Gas's Pretax Margin % or its related term are showing as below:

XCNQ:WOGC' s Pretax Margin % Range Over the Past 10 Years
Min: -18.86   Med: -17.15   Max: -1.64
Current: -12.66


XCNQ:WOGC's Pretax Margin % is not ranked
in the Oil & Gas industry.
Industry Median: 5.865 vs XCNQ:WOGC: -12.66

Waskahigan Oil & Gas Pretax Margin % Historical Data

The historical data trend for Waskahigan Oil & Gas'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.

Waskahigan Oil & Gas Pretax Margin % Chart

Waskahigan Oil & Gas Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Pretax Margin %
- -1.64 -17.15 -18.86

Waskahigan Oil & Gas Quarterly Data
Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -20.31 34.43 -19.25 -193.48 -730.00

Competitive Comparison of Waskahigan Oil & Gas's Pretax Margin %

For the Oil & Gas E&P subindustry, Waskahigan Oil & Gas'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.


Waskahigan Oil & Gas's Pretax Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Waskahigan Oil & Gas's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Waskahigan Oil & Gas's Pretax Margin % falls into.


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Waskahigan Oil & Gas 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.

Waskahigan Oil & Gas'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 )
=-0.195/1.034
=-18.86 %

Waskahigan Oil & Gas'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 )
=-0.073/0.01
=-730.00 %

* 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.


Waskahigan Oil & Gas  (XCNQ:WOGC) 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.


Waskahigan Oil & Gas Pretax Margin % Related Terms

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Waskahigan Oil & Gas Business Description

Traded in Other Exchanges
N/A
Address
221 10th Avenue SE, Suite 203, Calgary, AB, CAN, T2G 0V9
Waskahigan Oil & Gas Corp engaged in petroleum and natural gas exploration and development activities in western Canada. The company generates revenue from the sale of oil, natural gas and NGLs.

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