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Solis Minerals (ASX:SLM) Pretax Margin % : % (As of Feb. 2024)


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What is Solis Minerals Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Solis Minerals's Pre-Tax Income for the three months ended in Feb. 2024 was A$-0.91 Mil. Solis Minerals's Revenue for the three months ended in Feb. 2024 was A$0.00 Mil. Therefore, Solis Minerals's pretax margin for the quarter that ended in Feb. 2024 was %.

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


ASX:SLM's Pretax Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.42
* Ranked among companies with meaningful Pretax Margin % only.

Solis Minerals Pretax Margin % Historical Data

The historical data trend for Solis Minerals'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.

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Solis Minerals Pretax Margin % Chart

Solis Minerals Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Pretax Margin %
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Solis Minerals Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of Solis Minerals's Pretax Margin %

For the Copper subindustry, Solis Minerals'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.


Solis Minerals's Pretax Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Solis Minerals's Pretax Margin % falls into.



Solis Minerals 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.

Solis Minerals's Pretax Margin for the fiscal year that ended in May. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: May. 2023 )/Revenue (A: May. 2023 )
=-1.627/0
= %

Solis Minerals's Pretax Margin for the quarter that ended in Feb. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Feb. 2024 )/Revenue (Q: Feb. 2024 )
=-0.908/0
= %

* 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.


Solis Minerals  (ASX:SLM) 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.


Solis Minerals Pretax Margin % Related Terms

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Solis Minerals (ASX:SLM) Business Description

Traded in Other Exchanges
Address
Unit 3, 32 Harrogate Street, West Leederville, Perth, WA, AUS, 6017
Solis Minerals Ltd is a resource exploration company engaged in the acquisition, exploration, and development of mineral resource properties. The Company operates in a single reportable operating segment being the exploration and development of mineral properties. The company is focused on the acquisition of the Mostazal copper project located in Chile. It also holds an interest in Ilo Este and Ilo Norte Project in Peru.