GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Resolute Mining Ltd (OTCPK:RMGGY) » Definitions » Pretax Margin %

Resolute Mining (Resolute Mining) Pretax Margin % : 5.48% (As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Resolute Mining Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Resolute Mining's Pre-Tax Income for the six months ended in Dec. 2023 was $16.5 Mil. Resolute Mining's Revenue for the six months ended in Dec. 2023 was $301.6 Mil. Therefore, Resolute Mining's pretax margin for the quarter that ended in Dec. 2023 was 5.48%.

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

RMGGY' s Pretax Margin % Range Over the Past 10 Years
Min: -122.7   Med: 2.65   Max: 30.69
Current: 15.25


RMGGY's Pretax Margin % is ranked better than
79% of 862 companies
in the Metals & Mining industry
Industry Median: 0.84 vs RMGGY: 15.25

Resolute Mining Pretax Margin % Historical Data

The historical data trend for Resolute 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.

Resolute Mining Pretax Margin % Chart

Resolute Mining Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.86 -1.07 -59.68 -2.17 15.26

Resolute Mining Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -42.91 -2.52 -1.83 24.22 5.48

Competitive Comparison of Resolute Mining's Pretax Margin %

For the Gold subindustry, Resolute 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.


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

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

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



Resolute 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.

Resolute 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 )
=96.324/631.073
=15.26 %

Resolute Mining's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=16.523/301.574
=5.48 %

* 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.


Resolute Mining  (OTCPK:RMGGY) 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.


Resolute Mining Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Resolute Mining's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Resolute Mining (Resolute Mining) Business Description

Traded in Other Exchanges
Address
152 St Georges Terrace, Level 37, Central Park Tower, Perth, WA, AUS, 6000
Resolute Mining Ltd is an Australia-based gold producer. Its principal activities include gold mining, prospecting, and exploration of minerals. The company organizes its operations into three main business divisions, namely: Mako (Senegal), and Syama (Mali). The firm generates the majority of its revenue from the Syama (Mali) segment. Syama is a robust, long-life asset comprising an underground mine and associated sulphide processing circuit, along with satellite open pit operations which provide ore feed to a separate oxide processing circuit. Mako is a high-quality, open-pit gold mine.

Resolute Mining (Resolute Mining) Headlines