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GRST (Ethema Health) Operating Margin % : -41.14% (As of Sep. 2024)


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What is Ethema Health Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Ethema Health's Operating Income for the three months ended in Sep. 2024 was $-0.72 Mil. Ethema Health's Revenue for the three months ended in Sep. 2024 was $1.76 Mil. Therefore, Ethema Health's Operating Margin % for the quarter that ended in Sep. 2024 was -41.14%.

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

GRST' s Operating Margin % Range Over the Past 10 Years
Min: -1099.17   Med: -43.69   Max: 10.14
Current: -33.73


GRST's Operating Margin % is ranked worse than
83.76% of 665 companies
in the Healthcare Providers & Services industry
Industry Median: 4.37 vs GRST: -33.73

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

Ethema Health's Operating Income for the three months ended in Sep. 2024 was $-0.72 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was $-1.91 Mil.


Ethema Health Operating Margin % Historical Data

The historical data trend for Ethema Health'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.

Ethema Health Operating Margin % Chart

Ethema Health Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,099.17 -48.08 0.10 10.14 -10.14

Ethema Health Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.51 -60.71 -17.62 -18.66 -41.14

Competitive Comparison of Ethema Health's Operating Margin %

For the Medical Care Facilities subindustry, Ethema Health'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.


Ethema Health's Operating Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ethema Health's Operating Margin % distribution charts can be found below:

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



Ethema Health 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.

Ethema Health's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-0.542 / 5.345
=-10.14 %

Ethema Health's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=-0.724 / 1.76
=-41.14 %

* 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.


Ethema Health  (OTCPK:GRST) 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.


Ethema Health Operating Margin % Related Terms

Thank you for viewing the detailed overview of Ethema Health's Operating Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Ethema Health Business Description

Traded in Other Exchanges
N/A
Address
950 Evernia Street, West Palm Beach, FL, USA, 33401
Ethema Health Corp is engaged in developing and operating medical clinics in Delray Beach Florida. It provides addiction and mental health treatment facilities. The company's operating segment includes Rehabilitation Services provided to customers. It generates maximum revenue from the In-Patient services segment.
Executives
Shawn Edward Leon director, 10 percent owner, officer: CEO 5734 YONGE STREET, SUITE 300, NORTH YORK A6 M2M 4E7
William L Sklar officer: Chief Financial Officer 513 ROSELAWN AVENUE, TORONTO A6 M5N 1K2

Ethema Health Headlines

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