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Source Rock Royalties (TSXV:SRR) Pre-Tax Income : C$2.27 Mil (TTM As of Dec. 2023)


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What is Source Rock Royalties Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Source Rock Royalties's pretax income for the three months ended in Dec. 2023 was C$0.55 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was C$2.27 Mil. Source Rock Royalties's pretax margin was 32.21%.

During the past 4 years, Source Rock Royalties's highest Pretax Margin was 53.04%. The lowest was -379.80%. And the median was 15.49%.


Source Rock Royalties Pre-Tax Income Historical Data

The historical data trend for Source Rock Royalties's Pre-Tax Income 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.

Source Rock Royalties Pre-Tax Income Chart

Source Rock Royalties Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
-5.23 -0.13 3.44 2.27

Source Rock Royalties Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.78 0.44 0.52 0.75 0.55

Competitive Comparison of Source Rock Royalties's Pre-Tax Income

For the Oil & Gas Midstream subindustry, Source Rock Royalties's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


Source Rock Royalties's Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Source Rock Royalties's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Source Rock Royalties's Pre-Tax Income falls into.



Source Rock Royalties Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Source Rock Royalties's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=1.835+0+0+0.431+0.00099999999999989
=2.27

Source Rock Royalties's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=0.471+0+0+0.083+1.1102230246252E-16
=0.55

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$2.27 Mil.

* 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.


Source Rock Royalties  (TSXV:SRR) Pre-Tax Income Explanation

Source Rock Royalties's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=0.554/1.72
=32.21%

During the past 4 years, Source Rock Royalties's highest Pretax Margin was 53.04%. The lowest was -379.80%. And the median was 15.49%.

* 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.


Source Rock Royalties Pre-Tax Income Related Terms

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Source Rock Royalties (TSXV:SRR) Business Description

Traded in Other Exchanges
Address
421 - 7th Avenue S.W, 30th Floor, Calgary, AB, CAN, T2P 4K9
Source Rock Royalties Ltd is a pure-play oil and gas royalty company with an existing, light oil-focused portfolio of royalty interests concentrated in southeast Saskatchewan, east-central Alberta, west-central Alberta, and west-central Saskatchewan.
Executives
Bradley Robert Docherty Director, Senior Officer
Shaun Ashton Thiessen Director

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