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Comet Ridge (Comet Ridge) Pretax Margin % : % (As of Dec. 2023)


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What is Comet Ridge Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Comet Ridge's Pre-Tax Income for the six months ended in Dec. 2023 was $-3.84 Mil. Comet Ridge's Revenue for the six months ended in Dec. 2023 was $0.00 Mil. Therefore, Comet Ridge's pretax margin for the quarter that ended in Dec. 2023 was %.

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


COMRF's Pretax Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 5.84
* Ranked among companies with meaningful Pretax Margin % only.

Comet Ridge Pretax Margin % Historical Data

The historical data trend for Comet Ridge'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.

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Comet Ridge Pretax Margin % Chart

Comet Ridge Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Pretax Margin %
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Comet Ridge Semi-Annual Data
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Competitive Comparison of Comet Ridge's Pretax Margin %

For the Oil & Gas E&P subindustry, Comet Ridge'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.


Comet Ridge's Pretax Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Comet Ridge's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Comet Ridge's Pretax Margin % falls into.



Comet Ridge 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.

Comet Ridge's Pretax Margin for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=-4.406/0
= %

Comet Ridge'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 )
=-3.842/0
= %

* 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.


Comet Ridge  (OTCPK:COMRF) 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.


Comet Ridge Pretax Margin % Related Terms

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Comet Ridge (Comet Ridge) Business Description

Traded in Other Exchanges
Address
410 Queen Street, Level 3, Brisbane, QLD, AUS, 4000
Comet Ridge Ltd is an exploration company. It is engaged in the exploration and evaluation of its tenements for oil and gas reserves. The projects of the company includes Mahalo North and Mahalo Gas Project, Gunnedah, and Galilee Basin project. The projects are located in the states of Queensland and New South Wales, Australia.

Comet Ridge (Comet Ridge) Headlines

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