Calidus Resources Profit margin
What is the Profit margin of Calidus Resources?
The Profit margin of Calidus Resources Limited is -7.59%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Materials sector on ASX compared to Calidus Resources
What does Calidus Resources do?
Calidus Resources Limited engages in the exploration and exploitation of gold minerals in Australia. The company holds interests in the Warrawoona Gold project covering an area of approximately 780 square kilometers located in the East Pilbara district of the Pilbara Goldfield in Western Australia; and the Blue Spec project located in the Pilbara Goldfield in Western Australia. It also holds a 70% interest in the Otways gold-copper project located in Western Australia. The company was incorporated in 1986 and is based in West Perth, Australia.
Companies with profit margin similar to Calidus Resources
- American Superconductor has Profit margin of -7.63%
- Atricure Inc has Profit margin of -7.62%
- Zioncom has Profit margin of -7.62%
- Futebol Clube do Porto SAD has Profit margin of -7.62%
- QuestCap has Profit margin of -7.61%
- Stein Mart has Profit margin of -7.60%
- Calidus Resources has Profit margin of -7.59%
- Peruvian Metals has Profit margin of -7.58%
- B.A.G. Films and Media has Profit margin of -7.58%
- SpiceJet has Profit margin of -7.57%
- Wb Discovery Ser.A Dl ,01 has Profit margin of -7.57%
- Warner Bros. Discovery has Profit margin of -7.57%
- Capstone Mining has Profit margin of -7.56%