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TAAT Global Alternatives (TAAT Global Alternatives) Pretax Margin % : -22.38% (As of Jul. 2023)


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What is TAAT Global Alternatives Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. TAAT Global Alternatives's Pre-Tax Income for the three months ended in Jul. 2023 was $-4.19 Mil. TAAT Global Alternatives's Revenue for the three months ended in Jul. 2023 was $18.71 Mil. Therefore, TAAT Global Alternatives's pretax margin for the quarter that ended in Jul. 2023 was -22.38%.

The historical rank and industry rank for TAAT Global Alternatives's Pretax Margin % or its related term are showing as below:

TOBAF' s Pretax Margin % Range Over the Past 10 Years
Min: -6600   Med: -680.32   Max: 1539.6
Current: -15.81


TOBAF's Pretax Margin % is ranked worse than
75.47% of 53 companies
in the Tobacco Products industry
Industry Median: 7.67 vs TOBAF: -15.81

TAAT Global Alternatives Pretax Margin % Historical Data

The historical data trend for TAAT Global Alternatives's Pretax 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.

TAAT Global Alternatives Pretax Margin % Chart

TAAT Global Alternatives Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -6,618.60 -1,302.52 -57.91

TAAT Global Alternatives Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
Pretax 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 -42.52 -25.93 -12.79 -0.70 -22.38

Competitive Comparison of TAAT Global Alternatives's Pretax Margin %

For the Tobacco subindustry, TAAT Global Alternatives's Pretax Margin %, along with its competitors' market caps and Pretax 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.


TAAT Global Alternatives's Pretax Margin % Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, TAAT Global Alternatives's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where TAAT Global Alternatives's Pretax Margin % falls into.



TAAT Global Alternatives Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

TAAT Global Alternatives's Pretax Margin for the fiscal year that ended in Oct. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Oct. 2022 )/Revenue (A: Oct. 2022 )
=-17.995/31.073
=-57.91 %

TAAT Global Alternatives's Pretax Margin for the quarter that ended in Jul. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jul. 2023 )/Revenue (Q: Jul. 2023 )
=-4.187/18.709
=-22.38 %

* 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.


TAAT Global Alternatives  (OTCPK:TOBAF) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


TAAT Global Alternatives Pretax Margin % Related Terms

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TAAT Global Alternatives (TAAT Global Alternatives) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C1H2
TAAT Global Alternatives Inc is a Canada-based company, which develops, manufactures, and distributes alternative product categories such as tobacco, hemp, and other emerging CPG segments. The company has two reportable segments, the sale of non-tobacco and tobacco products. The company generates the majority of its revenue from the tobacco products segment.