CBGL (Cannabis Global) Pretax Margin %: -63.89% (As of May. 2022)


What is Cannabis Global Pretax Margin %?

Cannabis Global CBGL Pretax Margin % is -63.89% as of May. 2022.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Cannabis Global's Pre-Tax Income for the three months ended in May. 2022 was $-0.51 Mil. Cannabis Global's Revenue for the three months ended in May. 2022 was $0.79 Mil. Therefore, Cannabis Global's pretax margin for the quarter that ended in May. 2022 was -63.89%.

The historical rank and industry rank for Cannabis Global's Pretax Margin % or its related term are showing as below:


CBGL's Pretax Margin % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 7.28
* Ranked among companies with meaningful Pretax Margin % only.

Cannabis Global  (OTCPK:CBGL) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

Cannabis Global Pretax Margin % Related Terms

Cannabis Global Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Cannabis Global's Pretax 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.

Cannabis Global Pretax Margin % Chart

Cannabis Global Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -18,255.56 -506.93

Cannabis Global Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
Pretax 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 -288.94 -466.03 64.74 -111.16 -63.89

CBGL vs MILC, BBBT, GCAN: Pretax Margin % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Cannabis Global's Pretax Margin %, along with its competitors' market caps and Pretax 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.

Cannabis Global Pretax Margin % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Cannabis Global's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Cannabis Global's Pretax Margin % falls into.


Cannabis Global Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Cannabis Global's Pretax Margin for the fiscal year that ended in Aug. 2021 is calculated as

Pretax Margin=Pre-Tax Income (A: Aug. 2021 )/Revenue (A: Aug. 2021 )
=-8.116/1.601
=-506.93 %

Cannabis Global's Pretax Margin for the quarter that ended in May. 2022 is calculated as

Pretax Margin=Pre-Tax Income (Q: May. 2022 )/Revenue (Q: May. 2022 )
=-0.506/0.792
=-63.89 %

* 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 Pretax Margin % →
What does a Pretax Margin % of -63.89% mean?
Cannabis Global (CBGL) has a Pretax Margin % of -63.89% as of May. 2022. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Cannabis Global and its competitors.
Is Cannabis Global's Pretax Margin % too high?
Cannabis Global's current Pretax Margin % is -63.89%.
How does Cannabis Global's Pretax Margin % compare to MILC and BBBT?
Cannabis Global's Pretax Margin % of -63.89% can be compared against companies in the Drug Manufacturers industry. The industry median Pretax Margin % is 7.28. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Drug Manufacturers company?
The median Pretax Margin % among Drug Manufacturers companies is 7.28, based on 955 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Cannabis Global and its competitors. For the Drug Manufacturers industry, the median Pretax Margin % is 7.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cannabis Global's current Pretax Margin % is -63.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cannabis Global stock overvalued right now?
Cannabis Global (CBGL) has a current Pretax Margin % of -63.89%. The current Pretax Margin % is -63.89%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Cannabis Global (CBGL), the current Pretax Margin % is -63.89% as of May. 2022. 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.

Cannabis Global Business Description

Address 520 S Grand Avenue, Suite 320, Los Angeles, CA, USA, 90071
Cannabis Global Inc manufactures and distributes various cannabis products via its majority ownership of Natural Plant Extract, Inc is developing the Ethos Comply Bag, and generally conducts research and development in the areas of hemp, cannabis and consumer food goods. The company also have an active research and development program focused on creating and commercializing engineered technologies that deliver hemp extracts and cannabinoids to the human body. Its product includes cannabis flower packaged in various weights, cannabis Pre-rolls, cannabis edible products.