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Mining Global (Mining Global) Pretax Margin % : % (As of Aug. 2023)


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What is Mining Global Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mining Global's Pre-Tax Income for the six months ended in Aug. 2023 was $-0.04 Mil. Mining Global's Revenue for the six months ended in Aug. 2023 was $0.00 Mil. Therefore, Mining Global's pretax margin for the quarter that ended in Aug. 2023 was %.

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


MNGG's Pretax Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 0.54
* Ranked among companies with meaningful Pretax Margin % only.

Mining Global Pretax Margin % Historical Data

The historical data trend for Mining Global'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.

Mining Global Pretax Margin % Chart

Mining Global Annual Data
Trend Aug10 Aug11 Aug12 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -244.00 -138.24 -88.89 20.43 -

Mining Global Semi-Annual Data
Aug08 Aug09 Aug10 Aug11 Aug12 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -138.24 -88.89 20.43 - -

Competitive Comparison of Mining Global's Pretax Margin %

For the Gold subindustry, Mining Global'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.


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

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

* The bar in red indicates where Mining Global's Pretax Margin % falls into.



Mining Global 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.

Mining Global's Pretax Margin for the fiscal year that ended in Aug. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Aug. 2022 )/Revenue (A: Aug. 2022 )
=-0.001/0
= %

Mining Global's Pretax Margin for the quarter that ended in Aug. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Aug. 2023 )/Revenue (Q: Aug. 2023 )
=-0.035/0
= %

* 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.


Mining Global  (OTCPK:MNGG) 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.


Mining Global Pretax Margin % Related Terms

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Mining Global (Mining Global) Business Description

Traded in Other Exchanges
N/A
Address
500 S Australian Avenue, Suite 600, West Palm Beach, FL, USA, 33401
Mining Global Inc is primarily engaged in the acquisition, exploration, and development of mineral properties. The company focuses on mineral deposits of lead, zinc, copper, silver, gold or uranium capable of commercial extraction.
Executives
Gregory K Clements director, officer: Chief Financial Officer 240 MARTIN ST. #3, BLAINE WA 98230
Cedric N Atkinson director, 10 percent owner, officer: Chief Executive Officer 240 MARTIN ST. #3, BLAINE WA 98230
Oxygen Management Group, Ltd. 10 percent owner 240 MARTIN STREET, SUITE 3, BLAINE WA 98230
Lindsay Edward Gorrill director 611 E. SHERMAN AVE., COEUR D'ALENE ID 83814
David K Ryan officer: Vice-President of Finance P.O. BOX 61605, BROOKSWOOD RPO, LANGLEY A1 V3A 8C8
Jarrett F Bousquet director, 10 percent owner, officer: President,Secretary&Treasurer 240 MARTIN STREET, #3, BLAINE WA 98230
Shane Epp officer: Executive Vice President 2154 WEST 45TH AVENUE, VANCOUVER A1 V6M 2J1

Mining Global (Mining Global) Headlines

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