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Thor Explorations (Thor Explorations) Operating Margin % : 11.61% (As of Dec. 2023)


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What is Thor Explorations Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Thor Explorations's Operating Income for the three months ended in Dec. 2023 was $2.7 Mil. Thor Explorations's Revenue for the three months ended in Dec. 2023 was $23.0 Mil. Therefore, Thor Explorations's Operating Margin % for the quarter that ended in Dec. 2023 was 11.61%.

The historical rank and industry rank for Thor Explorations's Operating Margin % or its related term are showing as below:

THXPF' s Operating Margin % Range Over the Past 10 Years
Min: -20.79   Med: 19.19   Max: 32.34
Current: 19.23


THXPF's Operating Margin % is ranked better than
82.79% of 854 companies
in the Metals & Mining industry
Industry Median: 1.76 vs THXPF: 19.23

Thor Explorations's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Thor Explorations's Operating Income for the three months ended in Dec. 2023 was $2.7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $27.2 Mil.


Thor Explorations Operating Margin % Historical Data

The historical data trend for Thor Explorations's Operating 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.

Thor Explorations Operating Margin % Chart

Thor Explorations Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -20.80 32.34 19.19

Thor Explorations Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating 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 56.15 19.36 27.00 15.21 11.61

Competitive Comparison of Thor Explorations's Operating Margin %

For the Gold subindustry, Thor Explorations's Operating Margin %, along with its competitors' market caps and Operating 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.


Thor Explorations's Operating Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Thor Explorations's Operating Margin % falls into.



Thor Explorations Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Thor Explorations's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=27.11 / 141.245
=19.19 %

Thor Explorations's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=2.67 / 22.998
=11.61 %

* 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.


Thor Explorations  (OTCPK:THXPF) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Thor Explorations Operating Margin % Related Terms

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Thor Explorations (Thor Explorations) Business Description

Traded in Other Exchanges
Address
1075 West Georgia Street, Suite 220, Vancouver, BC, CAN, V6EC9
Thor Explorations Ltd is a Canadian mineral exploration company engaged in the acquisition, exploration and development of mineral properties located in Nigeria, Senegal and Burkina Faso. It holds a 100% interest in the Segilola Gold Project located in Osun State of Nigeria and a 70% interest in the Douta Gold Project located in south-eastern Senegal. It also holds a 100% interest in the Bongui and Legue gold permits located in Hounde greenstone belt, southwest Burkina Faso. It has three reportable segments, the Segilola Mine Project, Exploration Projects, and Corporate.

Thor Explorations (Thor Explorations) Headlines

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