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High Coast Distillery AB (OSTO:HIGHCO B) Pretax Margin % : 9.93% (As of Mar. 2024)


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What is High Coast Distillery AB Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. High Coast Distillery AB's Pre-Tax Income for the three months ended in Mar. 2024 was kr1.04 Mil. High Coast Distillery AB's Revenue for the three months ended in Mar. 2024 was kr10.43 Mil. Therefore, High Coast Distillery AB's pretax margin for the quarter that ended in Mar. 2024 was 9.93%.

The historical rank and industry rank for High Coast Distillery AB's Pretax Margin % or its related term are showing as below:

OSTO:HIGHCO B' s Pretax Margin % Range Over the Past 10 Years
Min: 1.8   Med: 13.61   Max: 24.44
Current: 5.19


OSTO:HIGHCO B's Pretax Margin % is ranked worse than
58.88% of 214 companies
in the Beverages - Alcoholic industry
Industry Median: 8.27 vs OSTO:HIGHCO B: 5.19

High Coast Distillery AB Pretax Margin % Historical Data

The historical data trend for High Coast Distillery AB'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.

High Coast Distillery AB Pretax Margin % Chart

High Coast Distillery AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Pretax Margin %
9.61 24.44 17.60 1.80

High Coast Distillery AB Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -9.04 18.94 23.69 -36.62 9.93

Competitive Comparison of High Coast Distillery AB's Pretax Margin %

For the Beverages - Wineries & Distilleries subindustry, High Coast Distillery AB'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.


High Coast Distillery AB's Pretax Margin % Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, High Coast Distillery AB's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where High Coast Distillery AB's Pretax Margin % falls into.



High Coast Distillery AB 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.

High Coast Distillery AB's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1.042/57.752
=1.80 %

High Coast Distillery AB's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=1.036/10.428
=9.93 %

* 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.


High Coast Distillery AB  (OSTO:HIGHCO B) 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.


High Coast Distillery AB Pretax Margin % Related Terms

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High Coast Distillery AB (OSTO:HIGHCO B) Business Description

Traded in Other Exchanges
N/A
Address
Sörviken 140, Bjärtrå, SWE, 872 96
High Coast Distillery AB (publ) manufactures, stores, bottles, markets and sells single malt whiskey.

High Coast Distillery AB (OSTO:HIGHCO B) Headlines

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