OVIT (OncoVista Innovative Therapies) Pre-Tax Income: $-3.27 Mil (TTM As of Sep. 2015)

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What is OncoVista Innovative Therapies Pre-Tax Income?

OncoVista Innovative Therapies OVIT Pre-Tax Income is $-3.27 Mil as of Sep. 2015.

Pretax income is the income that a company earns before paying income taxes. OncoVista Innovative Therapies's pretax income for the three months ended in Sep. 2015 was $-0.33 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2015 was $-3.27 Mil. OncoVista Innovative Therapies's pretax margin was %.


OncoVista Innovative Therapies  (OTCPK:OVIT) Pre-Tax Income Explanation

OncoVista Innovative Therapies's Pretax Margin for the quarter that ended in Sep. 2015 is calculated as

Pretax Margin=Pretax Income/Revenue
=-0.326/0
=%

* 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.


OncoVista Innovative Therapies Pre-Tax Income Related Terms


OncoVista Innovative Therapies Pre-Tax Income Historical Data

* Premium members only.

The historical data trend for OncoVista Innovative Therapies's Pre-Tax Income 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.

OncoVista Innovative Therapies Pre-Tax Income Chart

OncoVista Innovative Therapies Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -2.23 -1.63 -1.45 -2.54

OncoVista Innovative Therapies Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
Pre-Tax Income 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 0.23 -1.57 -0.28 -1.10 -0.33

OVIT vs RSPI, HSTC, CAPS: Pre-Tax Income Comparison

For the Biotechnology subindustry, OncoVista Innovative Therapies's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.


OncoVista Innovative Therapies Pre-Tax Income vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, OncoVista Innovative Therapies's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where OncoVista Innovative Therapies's Pre-Tax Income falls into.



OncoVista Innovative Therapies Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

OncoVista Innovative Therapies's Pretax Income for the fiscal year that ended in Dec. 2014 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-2.546+0.01+-0.008+0+0
=-2.54

OncoVista Innovative Therapies's Pretax Income for the quarter that ended in Sep. 2015 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-0.317+0+-0.009+0+0
=-0.33

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.27 Mil.

* 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.

Frequently Asked Questions Learn more about Pre-Tax Income →
What does a Pre-Tax Income of $-3.27 Mil mean?
OncoVista Innovative Therapies (OVIT) has a Pre-Tax Income of $-3.27 Mil as of Sep. 2015. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on OncoVista Innovative Therapies and its competitors.
Is OncoVista Innovative Therapies' Pre-Tax Income too high?
OncoVista Innovative Therapies' current Pre-Tax Income is $-3.27 Mil.
How does OncoVista Innovative Therapies' Pre-Tax Income compare to RSPI and HSTC?
OncoVista Innovative Therapies' Pre-Tax Income of $-3.27 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for a Biotechnology company?
A good Pre-Tax Income depends on the Biotechnology industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on OncoVista Innovative Therapies and its competitors. OncoVista Innovative Therapies's current Pre-Tax Income is $-3.27 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OncoVista Innovative Therapies stock overvalued right now?
OncoVista Innovative Therapies (OVIT) has a current Pre-Tax Income of $-3.27 Mil. The current Pre-Tax Income is $-3.27 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For OncoVista Innovative Therapies (OVIT), the current Pre-Tax Income is $-3.27 Mil as of Sep. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

OncoVista Innovative Therapies Business Description

Address 14785 Omicron Drive, Suite 104, San Antonio, TX, USA, 78245
OncoVista Innovative Therapies Inc is a biopharmaceutical company. It is engaged in developing anticancer therapies by utilizing tumor-associated biomarkers.