The historical rank and industry rank for Medeon Biodesign's Pretax Margin % or its related term are showing as below:
ROCO:6499'
s Pretax Margin % Range Over the Past 10 Years
Min: -745.26 Med: -163.55 Max: 31.96
Current: -712.93
ROCO:6499's Pretax Margin % is ranked worse than 90.18% of 815
companies
in the Medical Devices & Instruments industry
Industry Median: -1.16
vs ROCO:6499: -712.93
Medeon Biodesign Pretax Margin % Historical Data
The historical data trend for Medeon Biodesign'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 Medeon Biodesign's Pretax Margin %
For the Medical Instruments & Supplies subindustry, Medeon Biodesign'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.
Medeon Biodesign's Pretax Margin % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Medeon Biodesign's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Medeon Biodesign's Pretax Margin % falls into.
Medeon Biodesign 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.
Medeon Biodesign's Pretax Margin for the fiscal year that ended in Dec. 2022 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.
Medeon Biodesign Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Medeon Biodesign's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Medeon Biodesign Inc develops medical device products. The main services of the Group are the research and development of medical devices, manufacturing, and sale of injection molding and components of medical devices. The company provides products in the fields of cardiovascular and laparoscopic. Its business includes Medical Device Development Department and Medical Device Components Manufacturing and Sales Department. The majority of the company revenue comes from Medical Device Components Manufacturing and Sales Department segment. The company revenue is mainly derived from the USA.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ROCO:6499 has been successfully added to your 