Modern Plant Based Foods (XCNQ:MEAT) Pretax Margin % : -43.69% (As of Feb. 2024)

Modern Plant Based Foods Pretax Margin % Chart

Modern Plant Based Foods Annual Data
	Trend	Oct14	Oct15	Oct16	Oct17	Oct18	Oct19	Aug20	Aug21	Aug22	Aug23
Pretax Margin %		Get a 7-Day Free Trial					-	-6,295.12	-274.02	-703.27	-1,106.92

Modern Plant Based Foods Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Pretax Margin %	Get a 7-Day Free Trial															-231.22	-117.24	-4,610.58	-78.65	-43.69

Competitive Comparison of Modern Plant Based Foods's Pretax Margin %

For the Packaged Foods subindustry, Modern Plant Based Foods'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.

Modern Plant Based Foods's Pretax Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Modern Plant Based Foods's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Modern Plant Based Foods's Pretax Margin % falls into.

Modern Plant Based Foods 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.

Modern Plant Based Foods's Pretax Margin for the fiscal year that ended in Aug. 2023 is calculated as

Modern Plant Based Foods's Pretax Margin for the quarter that ended in Feb. 2024 is calculated as

* 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.

Modern Plant Based Foods  (XCNQ:MEAT) 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.

Modern Plant Based Foods Pretax Margin % Related Terms

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Modern Plant Based Foods (XCNQ:MEAT) Business Description