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Coronado Global Resources (ASX:CRN) Pretax Margin % : -9.82% (As of Dec. 2023)


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What is Coronado Global Resources Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Coronado Global Resources's Pre-Tax Income for the six months ended in Dec. 2023 was A$-196 Mil. Coronado Global Resources's Revenue for the six months ended in Dec. 2023 was A$1,998 Mil. Therefore, Coronado Global Resources's pretax margin for the quarter that ended in Dec. 2023 was -9.82%.

The historical rank and industry rank for Coronado Global Resources's Pretax Margin % or its related term are showing as below:

ASX:CRN' s Pretax Margin % Range Over the Past 10 Years
Min: -20.13   Med: 10.63   Max: 28.44
Current: 4.36


ASX:CRN's Pretax Margin % is ranked better than
54.32% of 602 companies
in the Steel industry
Industry Median: 3.625 vs ASX:CRN: 4.36

Coronado Global Resources Pretax Margin % Historical Data

The historical data trend for Coronado Global Resources's Pretax 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.

Coronado Global Resources Pretax Margin % Chart

Coronado Global Resources Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 19.32 -20.13 11.50 28.44 4.37

Coronado Global Resources Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 26.72 37.67 16.63 17.09 -9.82

Competitive Comparison of Coronado Global Resources's Pretax Margin %

For the Coking Coal subindustry, Coronado Global Resources's Pretax Margin %, along with its competitors' market caps and Pretax 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.


Coronado Global Resources's Pretax Margin % Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Coronado Global Resources's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Coronado Global Resources's Pretax Margin % falls into.



Coronado Global Resources Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Coronado Global Resources's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=184.978/4229.049
=4.37 %

Coronado Global Resources's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-196.255/1998.149
=-9.82 %

* 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.


Coronado Global Resources  (ASX:CRN) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Coronado Global Resources Pretax Margin % Related Terms

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Coronado Global Resources (ASX:CRN) Business Description

Traded in Other Exchanges
Address
345 Queen Street, Level 33, Central Plaza One, Brisbane, QLD, AUS, 4000
Coronado Global Resources Inc is a producer of high-quality metallurgical coal, an essential element in the production of steel. Its geographical segment includes Australia and the United States. It derives the majority of its revenue from Australia. The Company's mining operations and development projects are located in Queensland, Australia, Pennsylvania, Virginia, and West Virginia in the United States.

Coronado Global Resources (ASX:CRN) Headlines

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