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Canlan Ice Sports (TSX:ICE) Pretax Margin % : 21.59% (As of Mar. 2024)


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What is Canlan Ice Sports Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Canlan Ice Sports's Pre-Tax Income for the three months ended in Mar. 2024 was C$5.65 Mil. Canlan Ice Sports's Revenue for the three months ended in Mar. 2024 was C$26.19 Mil. Therefore, Canlan Ice Sports's pretax margin for the quarter that ended in Mar. 2024 was 21.59%.

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

TSX:ICE' s Pretax Margin % Range Over the Past 10 Years
Min: -21.02   Med: 1.8   Max: 6.96
Current: 0.51


TSX:ICE's Pretax Margin % is ranked worse than
68.21% of 821 companies
in the Travel & Leisure industry
Industry Median: 6.39 vs TSX:ICE: 0.51

Canlan Ice Sports Pretax Margin % Historical Data

The historical data trend for Canlan Ice Sports'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.

Canlan Ice Sports Pretax Margin % Chart

Canlan Ice Sports Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.29 -21.02 -6.30 6.96 -0.84

Canlan Ice Sports Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.30 4.93 -29.54 -4.41 21.59

Competitive Comparison of Canlan Ice Sports's Pretax Margin %

For the Leisure subindustry, Canlan Ice Sports'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.


Canlan Ice Sports's Pretax Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Canlan Ice Sports's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Canlan Ice Sports's Pretax Margin % falls into.



Canlan Ice Sports 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.

Canlan Ice Sports'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 )
=-0.726/86.151
=-0.84 %

Canlan Ice Sports's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=5.653/26.186
=21.59 %

* 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.


Canlan Ice Sports  (TSX:ICE) 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.


Canlan Ice Sports Pretax Margin % Related Terms

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Canlan Ice Sports (TSX:ICE) Business Description

Traded in Other Exchanges
N/A
Address
6501 Sprott Street, Burnaby, BC, CAN, V6B 3B8
Canlan Ice Sports Corp is focused on the development, lease, acquisition, and operation of multi-purpose recreation and entertainment facilities in North America. The company has a single operating segment which is an Ice rink and recreational facilities which derive revenue from food and beverage, sports stores, sponsorship, space rental, and others. Geographically it generates the majority of its revenue from Canada.
Executives
Joey St. Aubin Senior Officer