Alumina Profit margin
What is the Profit margin of Alumina?
The Profit margin of Alumina Limited is -30,020.00%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Materials sector on ASX compared to Alumina
What does Alumina do?
Alumina Limited, through its 40% interest in Alcoa World Alumina and Chemicals, engages in bauxite mining, alumina refining, and aluminum smelting businesses. The company has a network of bauxite mines and alumina refineries in Australia, Guinea, Brazil, and Spain, and Saudi Arabia; and a 55% interest in the Portland aluminium smelter in Victoria, Australia. It is also involved in shipping operations. The company was formerly known as WMC Limited and changed its name to Alumina Limited in December 2002 as part of the demerger of the WMC Group. Alumina Limited was incorporated in 1970 and is headquartered in Southbank, Australia.
Companies with profit margin similar to Alumina
- Bass Metals has Profit margin of -33,052.63%
- Hexagon Materials has Profit margin of -31,833.33%
- ClearVue Technologies has Profit margin of -31,225.00%
- NEXE Innovations has Profit margin of -30,904.59%
- Caprice Resources has Profit margin of -30,750.00%
- Azure Minerals has Profit margin of -30,724.64%
- Alumina has Profit margin of -30,020.00%
- Phathom Pharmaceuticals Inc has Profit margin of -29,558.94%
- CropLogic has Profit margin of -29,533.33%
- Morphic Inc has Profit margin of -29,192.90%
- E2 Metals has Profit margin of -29,000.00%
- Sheng Yuan has Profit margin of -28,927.08%
- Voleo Trading Systems Inc has Profit margin of -28,871.44%