The historical rank and industry rank for Tivic Health Systems's Pretax Margin % or its related term are showing as below:
TIVC'
s Pretax Margin % Range Over the Past 10 Years
Min: -987.14 Med: -675.74 Max: -423.14
Current: -670.95
TIVC's Pretax Margin % is ranked worse than 90.63% of 822
companies
in the Medical Devices & Instruments industry
Industry Median: -0.395
vs TIVC: -670.95
Tivic Health Systems Pretax Margin % Historical Data
The historical data trend for Tivic Health Systems'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 Tivic Health Systems's Pretax Margin %
For the Medical Devices subindustry, Tivic Health Systems'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.
Tivic Health Systems's Pretax Margin % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Tivic Health Systems's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Tivic Health Systems's Pretax Margin % falls into.
Tivic Health Systems 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.
Tivic Health Systems's Pretax Margin for the fiscal year that ended in Dec. 2023 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.
Tivic Health Systems (NAS:TIVC) 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.
Tivic Health Systems Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Tivic Health Systems's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Tivic Health Systems Inc is a health technology company focused on developing and commercializing non-invasive bioelectronic medicine. The company's platform-based technology activates the body's own healing mechanisms and can be programmed to treat various disease conditions. company's products provide a natural alternative to the standard synthetic chemical methods used by the pharmaceutical industry. ClearUP Sinus Relief, is a first commercial product of the company which is a patented handled device that uses ultra-low current electrical waves to relieve sinus pain and congestion symptoms that are prevalent in nasal allergies, sinus infections, chronic sinusitis, cold and flu and other disease conditions.
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