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MGX Minerals (MGX Minerals) Pretax Margin % : % (As of Apr. 2021)


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What is MGX Minerals Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. MGX Minerals's Pre-Tax Income for the three months ended in Apr. 2021 was $-0.72 Mil. MGX Minerals's Revenue for the three months ended in Apr. 2021 was $0.00 Mil. Therefore, MGX Minerals's pretax margin for the quarter that ended in Apr. 2021 was %.

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


MGXMF's Pretax Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.83
* Ranked among companies with meaningful Pretax Margin % only.

MGX Minerals Pretax Margin % Historical Data

The historical data trend for MGX Minerals'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.

MGX Minerals Pretax Margin % Chart

MGX Minerals Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20
Pretax Margin %
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MGX Minerals Quarterly Data
Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21
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Competitive Comparison of MGX Minerals's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, MGX Minerals'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.


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

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

* The bar in red indicates where MGX Minerals's Pretax Margin % falls into.



MGX Minerals 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.

MGX Minerals's Pretax Margin for the fiscal year that ended in Jul. 2020 is calculated as

Pretax Margin=Pre-Tax Income (A: Jul. 2020 )/Revenue (A: Jul. 2020 )
=-18.506/0
= %

MGX Minerals's Pretax Margin for the quarter that ended in Apr. 2021 is calculated as

Pretax Margin=Pre-Tax Income (Q: Apr. 2021 )/Revenue (Q: Apr. 2021 )
=-0.721/0
= %

* 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.


MGX Minerals  (OTCPK:MGXMF) 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.


MGX Minerals Pretax Margin % Related Terms

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MGX Minerals (MGX Minerals) Business Description

Traded in Other Exchanges
N/A
Address
1080 Howe Street, Suite 303, Vancouver, BC, CAN, V6C 2T1
MGX Minerals Inc is an exploration stage company engaged in the process of exploring its mineral properties in Canada. The company is a developer of lithium, magnesium and silicon projects. Its projects comprise Driftwood Creek project; Fran Gold project; Tillicum Gold project; Canada Lithium project; and Silica Projects.

MGX Minerals (MGX Minerals) Headlines

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