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Critical Elements Lithium (TSXV:CRE) Pretax Margin % : % (As of Nov. 2023)


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What is Critical Elements Lithium Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Critical Elements Lithium's Pre-Tax Income for the three months ended in Nov. 2023 was C$-0.67 Mil. Critical Elements Lithium's Revenue for the three months ended in Nov. 2023 was C$0.00 Mil. Therefore, Critical Elements Lithium's pretax margin for the quarter that ended in Nov. 2023 was %.

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


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

Critical Elements Lithium Pretax Margin % Historical Data

The historical data trend for Critical Elements Lithium'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.

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Critical Elements Lithium Pretax Margin % Chart

Critical Elements Lithium Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Pretax Margin %
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Critical Elements Lithium Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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Competitive Comparison of Critical Elements Lithium's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, Critical Elements Lithium'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.


Critical Elements Lithium's Pretax Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Critical Elements Lithium's Pretax Margin % falls into.



Critical Elements Lithium 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.

Critical Elements Lithium's Pretax Margin for the fiscal year that ended in Aug. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Aug. 2023 )/Revenue (A: Aug. 2023 )
=-3.253/0
= %

Critical Elements Lithium's Pretax Margin for the quarter that ended in Nov. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Nov. 2023 )/Revenue (Q: Nov. 2023 )
=-0.665/0
= %

* 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.


Critical Elements Lithium  (TSXV:CRE) 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.


Critical Elements Lithium Pretax Margin % Related Terms

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Critical Elements Lithium (TSXV:CRE) Business Description

Traded in Other Exchanges
Address
80, De La Seigneurie Ouest West Boulevard, Bureau 201, Blainville, Montreal, QC, CAN, H2Z 1S8
Critical Elements Lithium Corp is involved in the acquisition, exploration, and development of mining properties. It focuses on an exploration of rare earth metals, particularly lithium and Tantalum. The company's properties include Rose Lithium -Tantalum, Nisk, Arques, Bourier, Caumont, and Dumulon among others.

Critical Elements Lithium (TSXV:CRE) Headlines

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