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Cannara Biotech (STU:8CB0) Pretax Margin % : 16.50% (As of Aug. 2024)


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What is Cannara Biotech Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Cannara Biotech's Pre-Tax Income for the three months ended in Aug. 2024 was €2.52 Mil. Cannara Biotech's Revenue for the three months ended in Aug. 2024 was €15.30 Mil. Therefore, Cannara Biotech's pretax margin for the quarter that ended in Aug. 2024 was 16.50%.

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

STU:8CB0' s Pretax Margin % Range Over the Past 10 Years
Min: -618.6   Med: -8.98   Max: 12.13
Current: 5.48


STU:8CB0's Pretax Margin % is ranked better than
51.06% of 995 companies
in the Drug Manufacturers industry
Industry Median: 5.23 vs STU:8CB0: 5.48

Cannara Biotech Pretax Margin % Historical Data

The historical data trend for Cannara Biotech'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.

Cannara Biotech Pretax Margin % Chart

Cannara Biotech Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Pretax Margin %
Get a 7-Day Free Trial -513.44 -8.98 6.43 12.13 5.48

Cannara Biotech Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 25.76 10.81 -17.51 10.35 16.50

Competitive Comparison of Cannara Biotech's Pretax Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Cannara Biotech'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.


Cannara Biotech's Pretax Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Cannara Biotech's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Cannara Biotech's Pretax Margin % falls into.



Cannara Biotech 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.

Cannara Biotech's Pretax Margin for the fiscal year that ended in Aug. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Aug. 2024 )/Revenue (A: Aug. 2024 )
=2.978/54.299
=5.48 %

Cannara Biotech's Pretax Margin for the quarter that ended in Aug. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Aug. 2024 )/Revenue (Q: Aug. 2024 )
=2.524/15.301
=16.50 %

* 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.


Cannara Biotech  (STU:8CB0) 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.


Cannara Biotech Pretax Margin % Related Terms

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Cannara Biotech Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 2050, Vancouver, BC, CAN, V6E 3P3
Cannara Biotech Inc is a vertically integrated producer of premium-grade cannabis and cannabis-derivative products for Canadian markets. The company owns two mega Quebec-based facilities. The company operates in in two segments; Indoor cannabis operations segment which includes the cultivation, processing and sale of dried cannabis and cannabis derivatives for the Canadian market and the Real estate operations segment related to the Farnham and Valleyfield building. Majority of the revenue for the company is generated from its Cannabis operations segment. .

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