Christina Lake Cannabis (Christina Lake Cannabis) Pretax Margin % : -162.93% (As of Nov. 2023)

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What is Christina Lake Cannabis Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Christina Lake Cannabis's Pre-Tax Income for the three months ended in Nov. 2023 was $-3.38 Mil. Christina Lake Cannabis's Revenue for the three months ended in Nov. 2023 was $2.07 Mil. Therefore, Christina Lake Cannabis's pretax margin for the quarter that ended in Nov. 2023 was -162.93%.

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

CLCFF' s Pretax Margin % Range Over the Past 10 Years
Min: -196.61 Med: -35.08 Max: -20.13
Current: -34.97

CLCFF's Pretax Margin % is ranked worse than
77.35% of 1020 companies
in the Drug Manufacturers industry
Industry Median: 4.05 vs CLCFF: -34.97

Christina Lake Cannabis Pretax Margin % Historical Data

The historical data trend for Christina Lake Cannabis'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.

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Christina Lake Cannabis Pretax Margin % Chart

Christina Lake Cannabis Annual Data

Trend

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Pretax Margin %

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-196.61

-20.13

-35.08

Christina Lake Cannabis Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Pretax Margin %	Get a 7-Day Free Trial															-131.42	-63.09	-22.28	70.28	-162.93

Competitive Comparison of Christina Lake Cannabis's Pretax Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Christina Lake Cannabis'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.

Christina Lake Cannabis's Pretax Margin % Distribution in the Drug Manufacturers Industry

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

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

Christina Lake Cannabis 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.

Christina Lake Cannabis's Pretax Margin for the fiscal year that ended in Nov. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Nov. 2023 )	/	Revenue (A: Nov. 2023 )
	=	-3.015	/	8.594
	=	-35.08 %

Christina Lake Cannabis's Pretax Margin for the quarter that ended in Nov. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Nov. 2023 )	/	Revenue (Q: Nov. 2023 )
	=	-3.376	/	2.072
	=	-162.93 %

Christina Lake Cannabis (OTCPK:CLCFF) 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.

Christina Lake Cannabis Pretax Margin % Related Terms

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Christina Lake Cannabis (Christina Lake Cannabis) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Christina Lake Cannabis Corp (OTCPK:CLCFF) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

CLB:Germany CLC:Canada

Address

789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2

Website

https://www.christinalakecannabis.com

Christina Lake Cannabis Corp is a licensed producer of cannabis. The company cultivates cannabis using strains specifically developed for outdoor cultivation. It is a producer of high-quality, low-cost, sun-grown cannabis flower, oil cannabinoids and hemp-based extracts and derivatives, serving domestic and international markets.