IGO EBITDA margin
What is the EBITDA margin of IGO?
The EBITDA margin of IGO Limited is 62.56%
What is the definition of EBITDA margin?
EBITDA margin is a profitability ratio that measures how much EBITDA the company generates as a percentage of revenue.
ttm (trailing twelve months)
EBITDA margin measures how much of EBITDA is generated as a percentage of sales. It measures the company’s operating profit as a percentage of its revenue and is calculated as EBITDA (earnings before interest, taxes, depreciation, and amortization) divided by total revenue.
EBITDA margin also helps with judging the effectiveness of cost-cutting processes at the company. The higher the company’s EBITDA margin, the lower operating expenses are in respect to revenue. As a result, a higher EBITDA margin is considered more favorable. Smaller companies can have higher EBITDA margins since they are able to operate more efficiently and maximize their profitability.
EBITDA excludes interest on debt, taxes, and capital expenditures, the margin does not provide a perfectly clear estimate of the business’s cash flow generation. Furthermore, EBITDA margin is not recognized as a GAAP (generally accepted accounting principles) metric.
EBITDA margin of companies in the Materials sector on ASX compared to IGO
What does IGO do?
IGO Limited operates as an exploration and mining company that engages in discovering, developing, and operating assets focused on metals to enable clean energy in Australia. It owns and operates a 100% interest in the Nova nickel-copper-cobalt operation located in the Great Western Woodlands, northeast of Norseman. The company's primary properties are the Fraser Range nickel-copper and Paterson copper projects. It focuses on investing in lithium mines, as well as holds 100% interest in the downstream processing refinery at Kwinana in Western Australia to produce battery grade lithium hydroxide. The company was formerly known as Independence Group NL and changed its name to IGO Limited in January 2020. IGO Limited was incorporated in 2000 and is headquartered in Perth, Australia.
Companies with ebitda margin similar to IGO
- Brookfield Property Partners L.P has EBITDA margin of 62.39%
- Kitron ASA has EBITDA margin of 62.42%
- Creative Media & Community Trust has EBITDA margin of 62.43%
- MP Materials has EBITDA margin of 62.50%
- Vermilion Inc has EBITDA margin of 62.54%
- HighPoint Resources Corp has EBITDA margin of 62.55%
- IGO has EBITDA margin of 62.56%
- Irish Residential Properties REIT Plc has EBITDA margin of 62.57%
- CNX Resources Corp has EBITDA margin of 62.60%
- One Liberty Properties has EBITDA margin of 62.61%
- Hang Lung has EBITDA margin of 62.62%
- Ocean Line Port Development has EBITDA margin of 62.65%
- MMTC has EBITDA margin of 62.67%