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Cornish Metals (TSXV:CUSN) Pretax Margin % : % (As of Oct. 2023)


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What is Cornish Metals Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Cornish Metals's Pre-Tax Income for the three months ended in Oct. 2023 was C$-0.69 Mil. Cornish Metals's Revenue for the three months ended in Oct. 2023 was C$0.00 Mil. Therefore, Cornish Metals's pretax margin for the quarter that ended in Oct. 2023 was %.

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


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

Cornish Metals Pretax Margin % Historical Data

The historical data trend for Cornish Metals'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.

Cornish Metals Pretax Margin % Chart

Cornish Metals Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22
Pretax Margin %
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Cornish Metals Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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Competitive Comparison of Cornish Metals's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, Cornish Metals'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.


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

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

* The bar in red indicates where Cornish Metals's Pretax Margin % falls into.



Cornish Metals 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.

Cornish Metals's Pretax Margin for the fiscal year that ended in Jan. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Jan. 2022 )/Revenue (A: Jan. 2022 )
=-2.911/0
= %

Cornish Metals's Pretax Margin for the quarter that ended in Oct. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Oct. 2023 )/Revenue (Q: Oct. 2023 )
=-0.689/0
= %

* 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.


Cornish Metals  (TSXV:CUSN) 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.


Cornish Metals Pretax Margin % Related Terms

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Cornish Metals (TSXV:CUSN) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 960, Vancouver, BC, CAN, V6C 1H2
Cornish Metals Inc is building a portfolio of strategic metals assets in North America and the United Kingdom, and its flagship project is the past-producing South Crofty underground tin mine in Cornwall, UK. South Crofty is arguably the important historical tin mine in the UK and hosts the highest grade tin resources world wide. The project has the potential to be a high-grade tin producer in Europe.

Cornish Metals (TSXV:CUSN) Headlines

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