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Coil Tubing Technology (Coil Tubing Technology) Pretax Margin % : -285.78% (As of Sep. 2015)


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What is Coil Tubing Technology Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Coil Tubing Technology's Pre-Tax Income for the three months ended in Sep. 2015 was $-1.29 Mil. Coil Tubing Technology's Revenue for the three months ended in Sep. 2015 was $0.45 Mil. Therefore, Coil Tubing Technology's pretax margin for the quarter that ended in Sep. 2015 was -285.78%.

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


CTBG's Pretax Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 5.98
* Ranked among companies with meaningful Pretax Margin % only.

Coil Tubing Technology Pretax Margin % Historical Data

The historical data trend for Coil Tubing Technology'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.

* Premium members only.

Coil Tubing Technology Pretax Margin % Chart

Coil Tubing Technology Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Pretax Margin %
13.16 9.68 -14.10 -4.60

Coil Tubing Technology Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 11.85 0.45 -72.52 -64.37 -285.78

Competitive Comparison of Coil Tubing Technology's Pretax Margin %

For the Oil & Gas Equipment & Services subindustry, Coil Tubing Technology'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.


Coil Tubing Technology's Pretax Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Coil Tubing Technology's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Coil Tubing Technology's Pretax Margin % falls into.



Coil Tubing Technology 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.

Coil Tubing Technology's Pretax Margin for the fiscal year that ended in Dec. 2014 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2014 )/Revenue (A: Dec. 2014 )
=-0.316/6.866
=-4.60 %

Coil Tubing Technology's Pretax Margin for the quarter that ended in Sep. 2015 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2015 )/Revenue (Q: Sep. 2015 )
=-1.286/0.45
=-285.78 %

* 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.


Coil Tubing Technology  (OTCPK:CTBG) 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.


Coil Tubing Technology Pretax Margin % Related Terms

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Coil Tubing Technology (Coil Tubing Technology) Business Description

Traded in Other Exchanges
N/A
Address
22305 Gosling Road, Spring, TX, USA, 77389
Coil Tubing Technology Inc is a United States based company. The firm provides coil tubing products and service solutions to oil and gas clients. It is engaged in the development and marketing of specialty tools and related technical solutions used with coil tubing and jointed pipe in the bottomhole assembly for the exploration and production of hydrocarbons. Its products portfolio includes jet hammer tool, jet nozzle, oscillator, rotating tool, amplidyne, and ampli-max.

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