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Miral Dental Clinics Co (SAU:9604) Pretax Margin % : 21.03% (As of Jun. 2024)


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What is Miral Dental Clinics Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Miral Dental Clinics Co's Pre-Tax Income for the six months ended in Jun. 2024 was ﷼7.15 Mil. Miral Dental Clinics Co's Revenue for the six months ended in Jun. 2024 was ﷼33.98 Mil. Therefore, Miral Dental Clinics Co's pretax margin for the quarter that ended in Jun. 2024 was 21.03%.

The historical rank and industry rank for Miral Dental Clinics Co's Pretax Margin % or its related term are showing as below:

SAU:9604' s Pretax Margin % Range Over the Past 10 Years
Min: 0   Med: 0   Max: 21.03
Current: 21.03


SAU:9604's Pretax Margin % is ranked better than
88.61% of 667 companies
in the Healthcare Providers & Services industry
Industry Median: 3.08 vs SAU:9604: 21.03

Miral Dental Clinics Co Pretax Margin % Historical Data

The historical data trend for Miral Dental Clinics Co'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.

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Miral Dental Clinics Co Pretax Margin % Chart

Miral Dental Clinics Co Annual Data
Trend
Pretax Margin %

Miral Dental Clinics Co Semi-Annual Data
Jun23 Jun24
Pretax Margin % 21.31 21.03

Competitive Comparison of Miral Dental Clinics Co's Pretax Margin %

For the Medical Care Facilities subindustry, Miral Dental Clinics Co'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.


Miral Dental Clinics Co's Pretax Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Miral Dental Clinics Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Miral Dental Clinics Co's Pretax Margin % falls into.


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Miral Dental Clinics Co 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.

Miral Dental Clinics Co's Pretax Margin for the fiscal year that ended in . 20 is calculated as

Pretax Margin=Pre-Tax Income (A: . 20 )/Revenue (A: . 20 )
=/
= %

Miral Dental Clinics Co's Pretax Margin for the quarter that ended in Jun. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Jun. 2024 )/Revenue (Q: Jun. 2024 )
=7.146/33.977
=21.03 %

* 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.


Miral Dental Clinics Co  (SAU:9604) 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.


Miral Dental Clinics Co Pretax Margin % Related Terms

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Miral Dental Clinics Co Business Description

Traded in Other Exchanges
N/A
Address
Prince Muhammad bin Abdulaziz Road, Riyadh, SAU, 11527
Miral Dental Clinics Co is a company whose main activities include dental centers, dental clinics, specialized medical complexes, and medical clinics.

Miral Dental Clinics Co Headlines

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