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TSNDF (TerrAscend) Net Margin % : -31.21% (As of Sep. 2024)


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What is TerrAscend Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. TerrAscend's Net Income for the three months ended in Sep. 2024 was $-23.1 Mil. TerrAscend's Revenue for the three months ended in Sep. 2024 was $74.2 Mil. Therefore, TerrAscend's net margin for the quarter that ended in Sep. 2024 was -31.21%.

The historical rank and industry rank for TerrAscend's Net Margin % or its related term are showing as below:

TSNDF' s Net Margin % Range Over the Past 10 Years
Min: -322.69   Med: -114   Max: 6.5
Current: -27.53


TSNDF's Net Margin % is ranked worse than
79.9% of 995 companies
in the Drug Manufacturers industry
Industry Median: 3.96 vs TSNDF: -27.53

TerrAscend Net Margin % Historical Data

The historical data trend for TerrAscend's Net 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.

TerrAscend Net Margin % Chart

TerrAscend Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial -251.78 -105.34 6.50 -122.65 -28.71

TerrAscend Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net 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 -12.14 -45.85 -21.15 -10.55 -31.21

Competitive Comparison of TerrAscend's Net Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, TerrAscend's Net Margin %, along with its competitors' market caps and Net 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.


TerrAscend's Net Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, TerrAscend's Net Margin % distribution charts can be found below:

* The bar in red indicates where TerrAscend's Net Margin % falls into.



TerrAscend Net Margin % Calculation

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

TerrAscend's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-91.101/317.328
=-28.71 %

TerrAscend's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-23.148/74.168
=-31.21 %

* 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.


TerrAscend  (OTCPK:TSNDF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


TerrAscend Net Margin % Related Terms

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TerrAscend Business Description

Traded in Other Exchanges
Address
77 City Centre Drive, Suite 501, East Tower, Mississauga, ON, CAN, L5B 1M5
TerrAscend Corp is a company focused on creating and delivering quality cannabis products and services that meet the evolving needs of its patients. It also provides education and support programs to physicians and patients through healthcare professionals. It has one operating segment, being cultivation, production, and sale of cannabis products, with subsidiaries located in Canada and the United States.