Letho Resources EBIT margin

Was ist das EBIT margin von Letho Resources?

EBIT margin von Letho Resources Corp. ist N/A

Was ist die Definition von 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.

Was macht Letho Resources?

Letho Resources Corp., engages in the acquisition, exploration, and development of oil and gas properties. The company was formerly known as Touchdown Resources Inc. and changed its name to Letho Resources Corp. in February 2014. Letho Resources Corp. was founded in 2005 and is headquartered in Vancouver, Canada.