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Vantex Resources (TSXV:VAX) Pretax Margin % : % (As of Oct. 2023)


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What is Vantex Resources Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Vantex Resources's Pre-Tax Income for the three months ended in Oct. 2023 was C$-0.18 Mil. Vantex Resources's Revenue for the three months ended in Oct. 2023 was C$0.00 Mil. Therefore, Vantex Resources's pretax margin for the quarter that ended in Oct. 2023 was %.

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


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

Vantex Resources Pretax Margin % Historical Data

The historical data trend for Vantex 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.

Vantex Resources Pretax Margin % Chart

Vantex Resources Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Pretax Margin %
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Vantex Resources Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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Competitive Comparison of Vantex Resources's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, Vantex 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.


Vantex Resources's Pretax Margin % Distribution in the Metals & Mining Industry

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

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



Vantex 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.

Vantex Resources's Pretax Margin for the fiscal year that ended in Oct. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Oct. 2023 )/Revenue (A: Oct. 2023 )
=-0.366/0
= %

Vantex Resources's Pretax Margin for the quarter that ended in Oct. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Oct. 2023 )/Revenue (Q: Oct. 2023 )
=-0.176/0
= %

* 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.


Vantex Resources  (TSXV:VAX) 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.


Vantex Resources Pretax Margin % Related Terms

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Vantex Resources (TSXV:VAX) Business Description

Traded in Other Exchanges
Address
400 - 837 West Hastings Street, Vancouver, BC, CAN, V6C3N6
Vantex Resources Ltd is a Canadian company that is engaged in the acquisition, exploration, and development of mining properties. The company owns an interest in the Galloway project which includes several properties Hurd, Ogima North, Sandborn, Perron, Francoeur, Cadillac Rang III and Renault Bay among others.
Executives
Anthony Jackson Director, Senior Officer

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