GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Rigel Resource Acquisition Corp (NYSE:RRAC) » Definitions » Net Margin %

Rigel Resource Acquisition (Rigel Resource Acquisition) Net Margin % : 0.00% (As of Mar. 2024)


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

What is Rigel Resource Acquisition Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Rigel Resource Acquisition's Net Income for the three months ended in Mar. 2024 was $-1.34 Mil. Rigel Resource Acquisition's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Therefore, Rigel Resource Acquisition's net margin for the quarter that ended in Mar. 2024 was 0.00%.

The historical rank and industry rank for Rigel Resource Acquisition's Net Margin % or its related term are showing as below:


RRAC's Net Margin % is not ranked *
in the Diversified Financial Services industry.
Industry Median: 5.42
* Ranked among companies with meaningful Net Margin % only.

Rigel Resource Acquisition Net Margin % Historical Data

The historical data trend for Rigel Resource Acquisition'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.

Rigel Resource Acquisition Net Margin % Chart

Rigel Resource Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Net Margin %
- - -

Rigel Resource Acquisition Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Rigel Resource Acquisition's Net Margin %

For the Shell Companies subindustry, Rigel Resource Acquisition'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.


Rigel Resource Acquisition's Net Margin % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Rigel Resource Acquisition's Net Margin % distribution charts can be found below:

* The bar in red indicates where Rigel Resource Acquisition's Net Margin % falls into.



Rigel Resource Acquisition 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.

Rigel Resource Acquisition's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=7.473/0
= %

Rigel Resource Acquisition's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-1.339/0
= %

* 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.


Rigel Resource Acquisition  (NYSE:RRAC) 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.


Rigel Resource Acquisition Net Margin % Related Terms

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


Rigel Resource Acquisition (Rigel Resource Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1045 Avenue of the Americas, 7 Bryant Park, Floor 25, New York, NY, USA, 10018
Rigel Resource Acquisition Corp is a blank check company.
Executives
Rigel Resource Acquisition Holding Llc 10 percent owner C/O ORION RESOURCE PARTNERS (USA) LP, 7 BRYANT PARK, NEW YORK NY 10018
Jeff Feeley officer: Chief Financial Officer C/O ORION RESOURCE PARTNERS (USA) LP, 7 BRYANT PARK, NEW YORK NY 10018
Nathaniel Abebe director, officer: President C/O ORION RESOURCE PARTNERS (USA) LP, 7 BRYANT PARK, NEW YORK NY 10018
Jonathan Lamb director, officer: Chief Executive Officer C/O ORION RESOURCE PARTNERS (USA) LP, 7 BRYANT PARK, NEW YORK NY 10018
Peter O'hagan director C/O ORION RESOURCE PARTNERS (USA) LP, 7 BRYANT PARK, NEW YORK NY 10018
Timothy Keating director C/O ORION RESOURCE PARTNERS (USA) LP, 7 BRYANT PARK, NEW YORK NY 10018
Kelvin Dushinsky director C/O ORION RESOURCE PARTNERS (USA) LP, 7 BRYANT PARK, NEW YORK NY 10018
Christine Coignard director C/O ORION RESOURCE PARTNERS (USA) LP, 7 BRYANT PARK, NEW YORK NY 10018
Oskar Lewnowski director, 10 percent owner C/O ORION RESOURCE PARTNERS (USA) LP, 7 BRYANT PARK, NEW YORK NY 10018

Rigel Resource Acquisition (Rigel Resource Acquisition) Headlines