GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Independence Gold Corp (TSXV:IGO) » Definitions » Pretax Margin %

Independence Gold (TSXV:IGO) Pretax Margin % : % (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Independence Gold Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Independence Gold's Pre-Tax Income for the three months ended in Dec. 2023 was C$-1.20 Mil. Independence Gold's Revenue for the three months ended in Dec. 2023 was C$0.00 Mil. Therefore, Independence Gold's pretax margin for the quarter that ended in Dec. 2023 was %.

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


TSXV:IGO's Pretax Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.64
* Ranked among companies with meaningful Pretax Margin % only.

Independence Gold Pretax Margin % Historical Data

The historical data trend for Independence Gold'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.

Independence Gold Pretax Margin % Chart

Independence Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Independence Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax 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 - - - - -

Competitive Comparison of Independence Gold's Pretax Margin %

For the Gold subindustry, Independence Gold'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.


Independence Gold's Pretax Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Independence Gold's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Independence Gold's Pretax Margin % falls into.



Independence Gold 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.

Independence Gold'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 )
=-3.807/0
= %

Independence Gold'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 )
=-1.202/0
= %

* 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.


Independence Gold  (TSXV:IGO) 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.


Independence Gold Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Independence Gold's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Independence Gold (TSXV:IGO) Business Description

Traded in Other Exchanges
Address
625 Howe Street, Suite 580, Vancouver, BC, CAN, V6C 2T6
Independence Gold Corp is a mineral exploration company. Its holdings range from early-stage grassroots exploration to advanced-stage resource expansion in British Columbia and Yukon. Its BC properties include 3Ts Project; Merit Property; Nicoamen Property; Anita Property; and Yukon properties include Boulevard Project; Moosehorn Project. It has one segment which is the acquisition, exploration, and evaluation of mineral properties in North America.
Executives
Harry Chan Senior Officer

Independence Gold (TSXV:IGO) Headlines

No Headlines