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SureNano Sciences (XCNQ:SURE) Operating Margin % : 0.00% (As of Jun. 2024)


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What is SureNano Sciences Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. SureNano Sciences's Operating Income for the three months ended in Jun. 2024 was C$-0.08 Mil. SureNano Sciences's Revenue for the three months ended in Jun. 2024 was C$0.00 Mil. Therefore, SureNano Sciences's Operating Margin % for the quarter that ended in Jun. 2024 was 0.00%.

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


XCNQ:SURE's Operating Margin % is not ranked *
in the Chemicals industry.
Industry Median: 5.97
* Ranked among companies with meaningful Operating Margin % only.

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

SureNano Sciences's Operating Income for the three months ended in Jun. 2024 was C$-0.08 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2024 was C$-0.29 Mil.


SureNano Sciences Operating Margin % Historical Data

The historical data trend for SureNano Sciences'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.

SureNano Sciences Operating Margin % Chart

SureNano Sciences Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Operating Margin %
- -6,211.11 - -

SureNano Sciences Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Competitive Comparison of SureNano Sciences's Operating Margin %

For the Specialty Chemicals subindustry, SureNano Sciences'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.


SureNano Sciences's Operating Margin % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, SureNano Sciences's Operating Margin % distribution charts can be found below:

* The bar in red indicates where SureNano Sciences's Operating Margin % falls into.



SureNano Sciences 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.

SureNano Sciences's Operating Margin % for the fiscal year that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=-0.28 / 0
= %

SureNano Sciences's Operating Margin % for the quarter that ended in Jun. 2024 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=-0.082 / 0
= %

* 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.


SureNano Sciences  (XCNQ:SURE) 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.


SureNano Sciences Operating Margin % Related Terms

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SureNano Sciences Business Description

Traded in Other Exchanges
N/A
Address
1650 West 2nd Avenue, Suite 350, Vancouver, BC, CAN, V6J 1H4
SureNano Sciences Ltd y is a nanotechnology supply company with the license to sell and otherwise commercialize the SureNanoTM surfactant (the SureNano Surfactant) in Canada and Colorado. The SureNano Surfactant is a ready-to-mix food-grade compound that provides the base for high-performance nanoemulsions to create homogeneous and stable products while maximizing bioavailability, clarity, and taste.
Executives
Charles Henry Malette Director

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