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Polaris Renewable Energy (TSX:PIF) Net Margin % : 7.51% (As of Dec. 2023)


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What is Polaris Renewable Energy Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Polaris Renewable Energy's Net Income for the three months ended in Dec. 2023 was C$1.9 Mil. Polaris Renewable Energy's Revenue for the three months ended in Dec. 2023 was C$25.2 Mil. Therefore, Polaris Renewable Energy's net margin for the quarter that ended in Dec. 2023 was 7.51%.

The historical rank and industry rank for Polaris Renewable Energy's Net Margin % or its related term are showing as below:

TSX:PIF' s Net Margin % Range Over the Past 10 Years
Min: -74.77   Med: 3.38   Max: 38.6
Current: 14.96


TSX:PIF's Net Margin % is ranked better than
67.87% of 414 companies
in the Utilities - Independent Power Producers industry
Industry Median: 7.145 vs TSX:PIF: 14.96

Polaris Renewable Energy Net Margin % Historical Data

The historical data trend for Polaris Renewable Energy'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.

Polaris Renewable Energy Net Margin % Chart

Polaris Renewable Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.35 38.60 0.84 3.99 14.96

Polaris Renewable Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net 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 17.82 23.35 22.20 5.40 7.51

Competitive Comparison of Polaris Renewable Energy's Net Margin %

For the Utilities - Renewable subindustry, Polaris Renewable Energy'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.


Polaris Renewable Energy's Net Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Polaris Renewable Energy's Net Margin % distribution charts can be found below:

* The bar in red indicates where Polaris Renewable Energy's Net Margin % falls into.



Polaris Renewable Energy 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.

Polaris Renewable Energy'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 )
=15.756/105.345
=14.96 %

Polaris Renewable Energy'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 )
=1.889/25.152
=7.51 %

* 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.


Polaris Renewable Energy  (TSX:PIF) 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.


Polaris Renewable Energy Net Margin % Related Terms

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Polaris Renewable Energy (TSX:PIF) Business Description

Traded in Other Exchanges
Address
7 St. Thomas Street, Suite 606, Toronto, ON, CAN, M5S 2B7
Polaris Renewable Energy Inc is engaged in the acquisition, exploration, development and operation of renewable energy projects in the Americas. The Company operates in five reportable operating segments: 1) Nicaragua which includes the acquisition, exploration, development and operation of a geothermal project; 2) Peru which includes the acquisition, exploration, development and operation of hydroelectric projects; 3) Panama which includes acquisition, development and operation of solar projects; 4) Dominican Republic which includes acquisition, development and operation of solar projects; 5) Ecuador which includes acquisition, exploration, development and operation of hydroelectric projects.

Polaris Renewable Energy (TSX:PIF) Headlines

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