Blacksteel EBIT margin
What is the EBIT margin of Blacksteel?
The EBIT margin of Blacksteel Energy Inc. is -190.20%
What is the definition of EBIT margin?
EBIT margin is a profitability ratio that measures earnings of the company as a percentage of revenue without taking into account the effect of taxes and interest.
ttm (trailing twelve months)
EBIT margin measures the profitability and operational efficiency of a company. It compares the amount of money that remains after the cost of goods and all operating expenses are subtracted from net revenue to sales. EBIT margin is calculated as earnings before interest and taxes divided by net revenue.
EBIT and EBIT margin evaluate how well a business manages its operations. Interest and taxes are not operating expenses and don’t impact operating efficiency. EBIT margin is usually used to compare operational efficiency and profitability of companies within the same industry. Taxes can vary by location thus excluding them from the calculation gives a better basis for comparing different companies.
EBIT and operating income are often used interchangeably, but there is a difference between them, which can cause the numbers to give different results. The key difference is that operating income does not include non-operating income, non-operating expenses, and other income.
EBIT margin of companies in the Energy sector on TSXV compared to Blacksteel
What does Blacksteel do?
Blacksteel Energy Inc. explores, develops, and produces oil and natural gas resources. Its primary asset is a 30% working interest in producing oil and gas in the Girouxville area in Northwest Alberta. The company is based in Calgary, Canada.
Companies with ebit margin similar to Blacksteel
- Noida Toll Bridge has EBIT margin of -195.34%
- Titan Mining has EBIT margin of -194.83%
- Neptune Dash Technologies has EBIT margin of -193.49%
- Nanoco Plc has EBIT margin of -193.39%
- Puhui Wealth Investment Management Co has EBIT margin of -193.34%
- Covia has EBIT margin of -191.49%
- Blacksteel has EBIT margin of -190.20%
- Mangalam Timber Products has EBIT margin of -190.18%
- Trend Innovations has EBIT margin of -190.13%
- T2 Biosystems has EBIT margin of -190.06%
- Tree House Education & Accessories has EBIT margin of -189.56%
- Ontrak Inc has EBIT margin of -189.48%
- Openpay Ltd has EBIT margin of -189.10%