Net margin is calculated as Net Income divided by its Revenue. HTG Molecular Diagnostics's Net Income for the
three
months ended in Mar. 2023 was $-5.06 Mil. HTG Molecular Diagnostics's Revenue for the
three
months ended in Mar. 2023 was $1.03 Mil. Therefore, HTG Molecular Diagnostics's net margin for the quarter that ended in Mar. 2023 was -489.35%.
The historical rank and industry rank for HTG Molecular Diagnostics's Net Margin % or its related term are showing as below:
HTGMQ's Net Margin % is not ranked *
in the Medical Diagnostics & Research industry.
Industry Median: -11.145 * Ranked among companies with meaningful Net Margin % only.
HTG Molecular Diagnostics Net Margin % Historical Data
The historical data trend for HTG Molecular Diagnostics'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.
Competitive Comparison of HTG Molecular Diagnostics's Net Margin %
For the Diagnostics & Research subindustry, HTG Molecular Diagnostics'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.
HTG Molecular Diagnostics's Net Margin % Distribution in the Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, HTG Molecular Diagnostics's Net Margin % distribution charts can be found below:
* The bar in red indicates where HTG Molecular Diagnostics's Net Margin % falls into.
HTG Molecular Diagnostics 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.
HTG Molecular Diagnostics's Net Margin for the fiscal year that ended in Dec. 2022 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.
HTG Molecular Diagnostics (OTCPK:HTGMQ) 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.
HTG Molecular Diagnostics Net Margin % Related Terms
Thank you for viewing the detailed overview of HTG Molecular Diagnostics's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
HTG Molecular Diagnostics (HTG Molecular Diagnostics) Business Description
HTG Molecular Diagnostics Inc is a commercial-stage RNA platform-based life sciences company focused on advancing the promise of precision medicine. Its proprietary NGS-adapted chemistry and HTG EdgeSeq platform automates sample processing and can quickly, robustly, and simultaneously profile hundreds or thousands of molecular targets using a relatively small amount of biological samples, in liquid or solid forms. Its products include instruments, consumables, and software that combine to form its HTG EdgeSeq platform. The company's menu of HTG EdgeSeq molecular profiling panels is automated on its HTG EdgeSeq platform, applying genomic sequencing tools to quickly generate gene expression data using its simplified workflow for customers.
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