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Icecure Medical (Icecure Medical) Operating Margin % : -272.11% (As of Dec. 2023)


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What is Icecure Medical Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Icecure Medical's Operating Income for the three months ended in Dec. 2023 was $-3.42 Mil. Icecure Medical's Revenue for the three months ended in Dec. 2023 was $1.26 Mil. Therefore, Icecure Medical's Operating Margin % for the quarter that ended in Dec. 2023 was -272.11%.

Warning Sign:

Icecure Medical Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -16.2%.

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

ICCM' s Operating Margin % Range Over the Past 10 Years
Min: -542.59   Med: -384.98   Max: -107.08
Current: -482.38


ICCM's Operating Margin % is ranked worse than
89.46% of 816 companies
in the Medical Devices & Instruments industry
Industry Median: 1.375 vs ICCM: -482.38

Icecure Medical's 5-Year Average Operating Margin % Growth Rate was -16.20% per year.

Icecure Medical's Operating Income for the three months ended in Dec. 2023 was $-3.42 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was $-15.58 Mil.


Icecure Medical Operating Margin % Historical Data

The historical data trend for Icecure Medical'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.

Icecure Medical Operating Margin % Chart

Icecure Medical 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 -277.99 -107.08 -234.99 -542.59 -482.38

Icecure Medical Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -418.74 -557.32 -435.54 -1,260.86 -272.11

Competitive Comparison of Icecure Medical's Operating Margin %

For the Medical Devices subindustry, Icecure Medical'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.


Icecure Medical's Operating Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Icecure Medical's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Icecure Medical's Operating Margin % falls into.



Icecure Medical 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.

Icecure Medical'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 )
=-15.576 / 3.229
=-482.38 %

Icecure Medical's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-3.415 / 1.255
=-272.11 %

* 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.


Icecure Medical  (NAS:ICCM) 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.


Icecure Medical Operating Margin % Related Terms

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Icecure Medical (Icecure Medical) Business Description

Traded in Other Exchanges
N/A
Address
7 Haeshel Street, Southern Industrial Park, PO Box 3163, Caesarea, ISR, 3079504
Icecure Medical Ltd is a commercial-stage medical device company. The company is engaged in the research, development, and marketing of cryoablation systems and technologies based on liquid nitrogen, or LN2, for treating tumors. Its cryoablation technology is a minimally invasive alternative to surgical intervention, for tumors, including those found in the breast, lungs, kidneys, bones, and other indications.