West Cobar Metals (ASX:WC1) Net Margin % : 0.00% (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is West Cobar Metals Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. West Cobar Metals's Net Income for the six months ended in Dec. 2023 was A$-0.01 Mil. West Cobar Metals's Revenue for the six months ended in Dec. 2023 was A$0.00 Mil. Therefore, West Cobar Metals's net margin for the quarter that ended in Dec. 2023 was 0.00%.

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

ASX:WC1' s Net Margin % Range Over the Past 10 Years
Min: -2945.45 Med: -2945.45 Max: -2945.45
Current: -2945.45

ASX:WC1's Net Margin % is ranked worse than
87.62% of 856 companies
in the Metals & Mining industry
Industry Median: 0.02 vs ASX:WC1: -2945.45

West Cobar Metals Net Margin % Historical Data

The historical data trend for West Cobar Metals's Net 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.

West Cobar Metals Net Margin % Chart

West Cobar Metals Annual Data

Trend

Jun22

Jun23

Net Margin %

-2,945.45

West Cobar Metals Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of West Cobar Metals's Net Margin %

For the Gold subindustry, West Cobar Metals's Net Margin %, along with its competitors' market caps and Net 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.

West Cobar Metals's Net Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where West Cobar Metals's Net Margin % falls into.

West Cobar Metals Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

West Cobar Metals's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin	=	Net Income (A: Jun. 2023 )	/	Revenue (A: Jun. 2023 )
	=	-1.296	/	0.044
	=	-2,945.45 %

West Cobar Metals's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-0.007	/	0
	=	%

West Cobar Metals (ASX:WC1) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

West Cobar Metals Net Margin % Related Terms

Thank you for viewing the detailed overview of West Cobar Metals's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

West Cobar Metals (ASX:WC1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » West Cobar Metals Ltd (ASX:WC1) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

216 St Georges Terrace, Level 8, Perth, WA, AUS, 6000

Website

https://www.westcobarmetals.com.au

West Cobar Metals Ltd is a minerals exploration and development company focused on rare earths and battery minerals within Australia and the United States. It four Projects; Salazar REE Project, Nevada Lithium Project, Hermit Hill Lithium Project and Cobar West Project.

West Cobar Metals (ASX:WC1) Headlines

No Headlines