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Grand Gulf Energy (ASX:GGE) Net Margin % : -501.14% (As of Dec. 2023)


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What is Grand Gulf Energy Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Grand Gulf Energy's Net Income for the six months ended in Dec. 2023 was A$-1.32 Mil. Grand Gulf Energy's Revenue for the six months ended in Dec. 2023 was A$0.26 Mil. Therefore, Grand Gulf Energy's net margin for the quarter that ended in Dec. 2023 was -501.14%.

The historical rank and industry rank for Grand Gulf Energy's Net Margin % or its related term are showing as below:

ASX:GGE' s Net Margin % Range Over the Past 10 Years
Min: -1363.27   Med: -11.81   Max: 18.64
Current: -566


ASX:GGE's Net Margin % is ranked worse than
94.38% of 979 companies
in the Oil & Gas industry
Industry Median: 4.02 vs ASX:GGE: -566.00

Grand Gulf Energy Net Margin % Historical Data

The historical data trend for Grand Gulf Energy's Net 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.

Grand Gulf Energy Net Margin % Chart

Grand Gulf Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.05 15.65 10.08 -1,363.27 -322.30

Grand Gulf Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net 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 -968.38 -2,453.85 -199.02 -657.22 -501.14

Competitive Comparison of Grand Gulf Energy's Net Margin %

For the Oil & Gas E&P subindustry, Grand Gulf Energy's Net Margin %, along with its competitors' market caps and Net 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.


Grand Gulf Energy's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Grand Gulf Energy's Net Margin % distribution charts can be found below:

* The bar in red indicates where Grand Gulf Energy's Net Margin % falls into.



Grand Gulf Energy Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Grand Gulf Energy's Net Margin for the fiscal year that ended in Jun. 2023 is calculated as

Net Margin=Net Income (A: Jun. 2023 )/Revenue (A: Jun. 2023 )
=-2.24/0.695
=-322.30 %

Grand Gulf Energy's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-1.318/0.263
=-501.14 %

* 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.


Grand Gulf Energy  (ASX:GGE) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Grand Gulf Energy Net Margin % Related Terms

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Grand Gulf Energy (ASX:GGE) Business Description

Traded in Other Exchanges
Address
56 Kings Park Road, Suite 1G, West Perth, Perth, WA, AUS, 6005
Grand Gulf Energy Ltd is engaged in the exploration, evaluation, and development of oil and gas leases. Its projects include Red Helium Project. The company has one operating segment, being oil & gas production and exploration operations (including exploration for Helium).