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Global Health Clinics (XCNQ:MJRX) Operating Margin % : -1,085.71% (As of Jan. 2024)


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What is Global Health Clinics Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Global Health Clinics's Operating Income for the three months ended in Jan. 2024 was C$-0.23 Mil. Global Health Clinics's Revenue for the three months ended in Jan. 2024 was C$0.02 Mil. Therefore, Global Health Clinics's Operating Margin % for the quarter that ended in Jan. 2024 was -1,085.71%.

The historical rank and industry rank for Global Health Clinics's Operating Margin % or its related term are showing as below:

XCNQ:MJRX' s Operating Margin % Range Over the Past 10 Years
Min: -2604.44   Med: -985.71   Max: -399.15
Current: -1326.97


XCNQ:MJRX's Operating Margin % is ranked worse than
96.17% of 1018 companies
in the Drug Manufacturers industry
Industry Median: 6.075 vs XCNQ:MJRX: -1326.97

Global Health Clinics's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Global Health Clinics's Operating Income for the three months ended in Jan. 2024 was C$-0.23 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jan. 2024 was C$-1.18 Mil.

Warning Sign:

Global Health Clinics Ltd has never been profitable in the past 3 years. It lost money every year.


Global Health Clinics Operating Margin % Historical Data

The historical data trend for Global Health Clinics's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Global Health Clinics Operating Margin % Chart

Global Health Clinics Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -642.01 -399.15 -2,604.44 -985.71 -1,524.27

Global Health Clinics Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -829.63 -1,937.50 -1,213.04 -995.24 -1,085.71

Competitive Comparison of Global Health Clinics's Operating Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Global Health Clinics's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Global Health Clinics's Operating Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Global Health Clinics's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Global Health Clinics's Operating Margin % falls into.



Global Health Clinics Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Global Health Clinics's Operating Margin % for the fiscal year that ended in Jul. 2023 is calculated as

Operating Margin %=Operating Income (A: Jul. 2023 ) / Revenue (A: Jul. 2023 )
=-1.57 / 0.103
=-1,524.27 %

Global Health Clinics's Operating Margin % for the quarter that ended in Jan. 2024 is calculated as

Operating Margin %=Operating Income (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=-0.228 / 0.021
=-1,085.71 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Global Health Clinics  (XCNQ:MJRX) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Global Health Clinics Operating Margin % Related Terms

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Global Health Clinics (XCNQ:MJRX) Business Description

Traded in Other Exchanges
Address
837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6
Global Health Clinics Ltd engages in the cannabis industry and operates medical clinics which guide patients through the process of becoming legal users of marijuana and also engages in developing psilocybin products for research and their potential usage for pharmaceutical purposes. The Company operates in two operating segments the operating of medical clinics to guide patients to become legal users of marijuana and the development of psilocybin products for research and potential usage for pharmaceutical purposes. The Company derives its key revenue from Medical Clinics for legal user of Marijuana.

Global Health Clinics (XCNQ:MJRX) Headlines

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