NGHI (New Green Hemp) Pretax Margin %: -25.12% (As of Mar. 2019)


What is New Green Hemp Pretax Margin %?

New Green Hemp NGHI Pretax Margin % is -25.12% as of Mar. 2019.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. New Green Hemp's Pre-Tax Income for the three months ended in Mar. 2019 was $-0.25 Mil. New Green Hemp's Revenue for the three months ended in Mar. 2019 was $1.01 Mil. Therefore, New Green Hemp's pretax margin for the quarter that ended in Mar. 2019 was -25.12%.

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


NGHI's Pretax Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 5.15
* Ranked among companies with meaningful Pretax Margin % only.

New Green Hemp  (OTCPK:NGHI) 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.

New Green Hemp Pretax Margin % Related Terms

New Green Hemp Pretax Margin % Historical Data

* Premium members only.

The historical data trend for New Green Hemp'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.

New Green Hemp Pretax Margin % Chart

New Green Hemp Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Pretax Margin %
Get a 7-Day Free Trial -169.29 -43.33 0.00 -16.35 0.00

New Green Hemp Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 0.00 -27.65 30.99 0.00 -25.12

NGHI vs PKDSQ, FSNR, ESES: Pretax Margin % Comparison

For the Oil & Gas Equipment & Services subindustry, New Green Hemp'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.

New Green Hemp Pretax Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, New Green Hemp's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where New Green Hemp's Pretax Margin % falls into.


New Green Hemp 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.

New Green Hemp's Pretax Margin for the fiscal year that ended in Dec. 2018 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2018 )/Revenue (A: Dec. 2018 )
=0/0
= %

New Green Hemp's Pretax Margin for the quarter that ended in Mar. 2019 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2019 )/Revenue (Q: Mar. 2019 )
=-0.253/1.007
=-25.12 %

* 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 -25.12% mean?
New Green Hemp (NGHI) has a Pretax Margin % of -25.12% as of Mar. 2019. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on New Green Hemp and its competitors.
Is New Green Hemp's Pretax Margin % too high?
New Green Hemp's current Pretax Margin % is -25.12%.
How does New Green Hemp's Pretax Margin % compare to PKDSQ and FSNR?
New Green Hemp's Pretax Margin % of -25.12% can be compared against companies in the Oil & Gas industry. The industry median Pretax Margin % is 5.15. 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 an Oil & Gas company?
The median Pretax Margin % among Oil & Gas companies is 5.15, based on 921 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 New Green Hemp and its competitors. For the Oil & Gas industry, the median Pretax Margin % is 5.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Green Hemp's current Pretax Margin % is -25.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Green Hemp stock overvalued right now?
New Green Hemp (NGHI) has a current Pretax Margin % of -25.12%. The current Pretax Margin % is -25.12%. 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 New Green Hemp (NGHI), the current Pretax Margin % is -25.12% as of Mar. 2019. 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.

New Green Hemp Business Description

Industry EnergyOil & Gas
Address 4362 Mahan Drive, Tallahassee, FL, USA, 32308
New Green Hemp Incis focused on developing and acquiring businesses that fit into the disruptive business model of Developing, Scaling, and Financing (DSF) within synergistic industries and focused business groups.