Akora Resources Ltd EBITDA margin
What is the EBITDA margin of Akora Resources Ltd?
The EBITDA margin of Akora Resources Ltd is -1,888,026.56%
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 Akora Resources Ltd
What does Akora Resources Ltd do?
Akora Resources Limited engages in the exploration and development of iron ore projects in Madagascar. Its flagship project is the Bekisopa property that consists of three granted research permits and one granted small scale mining permit covering 93.5 square kilometers located in south central Madagascar. The company was formerly known as Indian Pacific Resources Limited. Akora Resources Limited was incorporated in 2009 and is based in Carlton North, Australia.
Companies with ebitda margin similar to Akora Resources Ltd
- Harfang Exploration has EBITDA margin of -2,450,727.27%
- Meteoric Resources NL has EBITDA margin of -2,206,616.40%
- Far East Gold has EBITDA margin of -2,064,714.04%
- VirnetX Corp has EBITDA margin of -2,026,150.00%
- Vanadium Resources has EBITDA margin of -1,990,376.92%
- Nimy Resources Ltd has EBITDA margin of -1,961,340.77%
- Akora Resources Ltd has EBITDA margin of -1,888,026.56%
- Kogi Iron has EBITDA margin of -1,864,960.28%
- Highfield Resources has EBITDA margin of -1,564,955.19%
- Alice Queen has EBITDA margin of -1,550,676.19%
- Fauvet-Girel has EBITDA margin of -1,334,300.00%
- Allogene Therapeutics Inc has EBITDA margin of -1,288,947.62%
- AZ Leasing SPA has EBITDA margin of -1,251,900.00%