The historical rank and industry rank for KORU Medical Systems's Pretax Margin % or its related term are showing as below:
KRMD'
s Pretax Margin % Range Over the Past 10 Years
Min: -38.27 Med: -0.97 Max: 11.61
Current: -29.75
KRMD's Pretax Margin % is ranked worse than 64.99% of 817
companies
in the Medical Devices & Instruments industry
Industry Median: -0.55
vs KRMD: -29.75
KORU Medical Systems Pretax Margin % Historical Data
The historical data trend for KORU Medical Systems'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 KORU Medical Systems's Pretax Margin %
For the Medical Instruments & Supplies subindustry, KORU Medical Systems'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.
KORU Medical Systems's Pretax Margin % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, KORU Medical Systems's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where KORU Medical Systems's Pretax Margin % falls into.
KORU Medical Systems 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.
KORU Medical Systems's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
KORU Medical Systems (NAS:KRMD) 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.
KORU Medical Systems Pretax Margin % Related Terms
Thank you for viewing the detailed overview of KORU Medical Systems's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
KORU Medical Systems (KORU Medical Systems) Business Description
KORU Medical Systems Inc is a developer and manufacturer of medical devices and supplies. It focuses on home and specialty infusion solutions. Its primary products include the Freedom Integrated Infusion System: the FREEDOM60 and FreedomEdge Syringe Drivers, Precision Flow Rate Tubing, and HIgH-Flo Subcutaneous Safety Needle Sets. It is a manufacturer of subcutaneous infusion devices that deliver life-saving immunoglobulin therapies to patients with chronic illnesses such as Primary Immunodeficiencies (PIDD) and Chronic Inflammatory Demyelinating Polyneuropathy (CIDP).
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