Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. RenovaCare's Pre-Tax Income for the
three
months ended in Sep. 2022 was $-0.40 Mil. RenovaCare's Revenue for the
three
months ended in Sep. 2022 was $0.00 Mil. Therefore, RenovaCare's pretax margin for the quarter that ended in Sep. 2022 was %.
The historical rank and industry rank for RenovaCare's Pretax Margin % or its related term are showing as below:
RCAR's Pretax Margin % is not ranked *
in the Biotechnology industry.
Industry Median: -176.72 * Ranked among companies with meaningful Pretax Margin % only.
RenovaCare Pretax Margin % Historical Data
The historical data trend for RenovaCare'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 RenovaCare's Pretax Margin %
For the Biotechnology subindustry, RenovaCare'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.
RenovaCare's Pretax Margin % Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, RenovaCare's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where RenovaCare's Pretax Margin % falls into.
RenovaCare 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.
RenovaCare's Pretax Margin for the fiscal year that ended in Dec. 2021 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.
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.
RenovaCare Pretax Margin % Related Terms
Thank you for viewing the detailed overview of RenovaCare's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
RenovaCare Inc is a biotechnology company focusing on the acquisition, research, development and commercialization of autologous cellular therapies that can be used for medical and aesthetic applications. The company's initial products under development target skin. It offers treatment methodology for cell isolation for the regeneration of human skin cells, along with a medical-grade liquid spraying device and associated equipment (the SkinGun). RenovaCare is evaluating the efficacy and potential of SkinGun, in combination with a cell isolation method, in the treatment of tissue that has been subject to severe trauma. Geographically all the activities are functioned through the region of United States.
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