Coelacanth Energy
CEI.V
#7583
Rank
โ‚น22.60 B
Marketcap
โ‚น42.64
Share price
1.43%
Change (1 day)
-11.41%
Change (1 year)

Operating Margin for Coelacanth Energy (CEI.V)

Operating Margin as of November 2024 (TTM): -52.49%

According to Coelacanth Energy's latest financial reports and stock price the company's current Operating Margin is -52.49%. At the end of 2022 the company had an Operating Margin of -144.85%.

Operating Margin history for Coelacanth Energy from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-144.85%43.89%
2021-100.67%

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.