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TMC The Metals Co (TMC The Metals Co) Pretax Margin % : % (As of Dec. 2023)


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What is TMC The Metals Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. TMC The Metals Co's Pre-Tax Income for the three months ended in Dec. 2023 was $-47.17 Mil. TMC The Metals Co's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Therefore, TMC The Metals Co's pretax margin for the quarter that ended in Dec. 2023 was %.

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


TMCWW's Pretax Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.83
* Ranked among companies with meaningful Pretax Margin % only.

TMC The Metals Co Pretax Margin % Historical Data

The historical data trend for TMC The Metals Co'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.

TMC The Metals Co Pretax Margin % Chart

TMC The Metals Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Pretax Margin %
- - - -

TMC The Metals Co Quarterly Data
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 - - - - -

Competitive Comparison of TMC The Metals Co's Pretax Margin %

For the Other Industrial Metals & Mining subindustry, TMC The Metals Co'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.


TMC The Metals Co's Pretax Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where TMC The Metals Co's Pretax Margin % falls into.



TMC The Metals Co 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.

TMC The Metals Co'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 )
=-73.74/0
= %

TMC The Metals Co'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 )
=-47.168/0
= %

* 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.


TMC The Metals Co  (NAS:TMCWW) 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.


TMC The Metals Co Pretax Margin % Related Terms

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TMC The Metals Co (TMC The Metals Co) Business Description

Traded in Other Exchanges
Address
595 Howe Street, 10th Floor, Vancouver, BC, CAN, V6C 2T5
TMC The Metals Co Inc is a deep-sea minerals exploration company focused on the collection, processing and refining of polymetallic nodules found on the seafloor in international waters of the Clarion Clipperton Zone. Geographically, the company has its presence in Nauru, Singapore, Tonga and North America.

TMC The Metals Co (TMC The Metals Co) Headlines

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