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Tenth Avenue Petroleum (TSXV:TPC) Net Margin % : -27.64% (As of Mar. 2024)


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What is Tenth Avenue Petroleum Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Tenth Avenue Petroleum's Net Income for the three months ended in Mar. 2024 was C$-0.22 Mil. Tenth Avenue Petroleum's Revenue for the three months ended in Mar. 2024 was C$0.80 Mil. Therefore, Tenth Avenue Petroleum's net margin for the quarter that ended in Mar. 2024 was -27.64%.

The historical rank and industry rank for Tenth Avenue Petroleum's Net Margin % or its related term are showing as below:

TSXV:TPC' s Net Margin % Range Over the Past 10 Years
Min: -186.31   Med: -61.03   Max: 98.46
Current: -37.76


TSXV:TPC's Net Margin % is ranked worse than
84.8% of 974 companies
in the Oil & Gas industry
Industry Median: 4.135 vs TSXV:TPC: -37.76

Tenth Avenue Petroleum Net Margin % Historical Data

The historical data trend for Tenth Avenue Petroleum'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.

Tenth Avenue Petroleum Net Margin % Chart

Tenth Avenue Petroleum 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 -60.58 -16.09 98.46 -61.47 -36.62

Tenth Avenue Petroleum Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -25.72 -50.49 -17.56 -59.11 -27.64

Competitive Comparison of Tenth Avenue Petroleum's Net Margin %

For the Oil & Gas E&P subindustry, Tenth Avenue Petroleum'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.


Tenth Avenue Petroleum's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tenth Avenue Petroleum's Net Margin % distribution charts can be found below:

* The bar in red indicates where Tenth Avenue Petroleum's Net Margin % falls into.



Tenth Avenue Petroleum 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.

Tenth Avenue Petroleum'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 )
=-1.411/3.853
=-36.62 %

Tenth Avenue Petroleum'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 )
=-0.22/0.796
=-27.64 %

* 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.


Tenth Avenue Petroleum  (TSXV:TPC) 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.


Tenth Avenue Petroleum Net Margin % Related Terms

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Tenth Avenue Petroleum (TSXV:TPC) Business Description

Traded in Other Exchanges
N/A
Address
188 - 15th Avenue SW, Suite 2003, Calgary, AB, CAN, T2R 1S4
Tenth Avenue Petroleum Corp is a junior oil and gas exploration, production and development company. It explores and develops petroleum and natural gas properties in Western Canada. The company generates its revenue from the sale of oil, natural gas and NGLs. Its property comprises oil and natural gas assets and water-well assets.
Executives
Fern Macdonald 10% Security Holder