ASA Gold and Precious Metals
ASA
#6840
Rank
โ‚ฌ0.35 B
Marketcap
18,35ย โ‚ฌ
Share price
0.44%
Change (1 day)
36.45%
Change (1 year)

Operating Margin for ASA Gold and Precious Metals (ASA)

Operating Margin at the end of 2023: 89.86%

According to ASA Gold and Precious Metals's latest financial reports and stock price the company's current Operating Margin is 89.85%. At the end of 2023 the company had an Operating Margin of 89.86%.

Operating Margin history for ASA Gold and Precious Metals from 2016 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202389.86%-189.18%
2022-100.76%-206.25%
202194.83%-4.52%
202099.32%1.78%
201997.58%-191.52%
2018-106.63%-394.46%
201736.21%-62.39%
201696.29%

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.