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Lithium Ionic (TSXV:LTH) Pretax Margin % : % (As of Mar. 2024)


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What is Lithium Ionic Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Lithium Ionic's Pre-Tax Income for the three months ended in Mar. 2024 was C$-6.91 Mil. Lithium Ionic's Revenue for the three months ended in Mar. 2024 was C$0.00 Mil. Therefore, Lithium Ionic's pretax margin for the quarter that ended in Mar. 2024 was %.

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


TSXV:LTH's Pretax Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.52
* Ranked among companies with meaningful Pretax Margin % only.

Lithium Ionic Pretax Margin % Historical Data

The historical data trend for Lithium Ionic'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.

Lithium Ionic Pretax Margin % Chart

Lithium Ionic Annual Data
Trend Dec21 Dec22 Dec23
Pretax Margin %
- - -

Lithium Ionic Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Lithium Ionic's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, Lithium Ionic'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.


Lithium Ionic's Pretax Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Lithium Ionic's Pretax Margin % falls into.



Lithium Ionic 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.

Lithium Ionic'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 )
=-64.324/0
= %

Lithium Ionic's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-6.906/0
= %

* 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.


Lithium Ionic  (TSXV:LTH) 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.


Lithium Ionic Pretax Margin % Related Terms

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Lithium Ionic (TSXV:LTH) Business Description

Traded in Other Exchanges
Address
36 Lombard Street, 4th Floor, Toronto, ON, CAN, M5C 2X3
Lithium Ionic Corp is a Canadian junior exploration company focused on developing commercial-grade lithium. It owns a 100% ownership interest in the Itinga lithium project. It operates a single operating segment, which is mineral exploration and evaluation in Brazil.