Magnis Resources EBITDA margin
What is the EBITDA margin of Magnis Resources?
The EBITDA margin of Magnis Resources Limited is -53.66%
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 Technology sector on ASX compared to Magnis Resources
What does Magnis Resources do?
Magnis Energy Technologies Limited engages in the exploration and development of mineral properties in the United States, Australia, and Tanzania. It primarily explores for natural flake graphite used in batteries for storing electrical energy. The company holds a 100% interest in the Nachu graphite project located in southeast Tanzania. It also engages in the lithium-ion Battery investments. The company was formerly known as Magnis Resources Limited and changed its name to Magnis Energy Technologies Limited in November 2018. Magnis Energy Technologies Limited was incorporated in 2005 and is based in Sydney, Australia.
Companies with ebitda margin similar to Magnis Resources
- Neometals Ltd has EBITDA margin of -54.03%
- Harvest One Cannabis has EBITDA margin of -53.99%
- Aziyo Biologics has EBITDA margin of -53.95%
- Reibel S.A has EBITDA margin of -53.92%
- EMvision Medical Devices has EBITDA margin of -53.76%
- Greenlane Inc has EBITDA margin of -53.76%
- Magnis Resources has EBITDA margin of -53.66%
- Luokung Technology has EBITDA margin of -53.63%
- China LNG has EBITDA margin of -53.59%
- Kopin has EBITDA margin of -53.58%
- McNally Bharat Engineering has EBITDA margin of -53.49%
- Lite Access Technologies has EBITDA margin of -53.48%
- Man Sang International has EBITDA margin of -53.47%