Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Cue Health's Pre-Tax Income for the
three
months ended in Dec. 2023 was $-148.37 Mil. Cue Health's Revenue for the
three
months ended in Dec. 2023 was $17.38 Mil. Therefore, Cue Health's pretax margin for the quarter that ended in Dec. 2023 was -853.64%.
The historical rank and industry rank for Cue Health's Pretax Margin % or its related term are showing as below:
HLTHQ's Pretax Margin % is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 2.97 * Ranked among companies with meaningful Pretax Margin % only.
Cue Health Pretax Margin % Historical Data
The historical data trend for Cue Health'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.
Competitive Comparison of Cue Health's Pretax Margin %
For the Health Information Services subindustry, Cue Health'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.
Cue Health's Pretax Margin % Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Cue Health's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Cue Health's Pretax Margin % falls into.
* 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.
Cue Health (OTCPK:HLTHQ) 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.
Cue Health Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Cue Health's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Cue Health Inc is a health technology company. It puts consumers in control of health information and places diagnostic information at the center of care. It enables people to manage their health through real-time, actionable and connected health data. Further, it offers individuals, enterprises, government agencies, and healthcare providers access to lab-quality diagnostic testing at home, at work, or at the point of care, all in a device that fits in the palm of hand. Its Cue Integrated Care Platform consists of multiple hardware, software, and diagnostic components and has been engineered so that it can be directly integrated into existing workflows and on-demand services, such as telemedicine, e-Rx services, and EMR systems.
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