Optima Medical Innovations (Optima Medical Innovations) Pretax Margin % : -22.87% (As of Sep. 2021)

Optima Medical Innovations Pretax Margin % Chart

Optima Medical Innovations Annual Data
	Trend	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Dec19	Dec20
Pretax Margin %		Get a 7-Day Free Trial					-	-9,000.00	-13,800.00	-328.34	-85.85

Optima Medical Innovations Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Pretax Margin %	Get a 7-Day Free Trial															-32.97	4.26	-6.48	3.16	-22.87

Competitive Comparison of Optima Medical Innovations's Pretax Margin %

For the Medical Care Facilities subindustry, Optima Medical Innovations'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.

Optima Medical Innovations's Pretax Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Optima Medical Innovations's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Optima Medical Innovations's Pretax Margin % falls into.

Optima Medical Innovations 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.

Optima Medical Innovations's Pretax Margin for the fiscal year that ended in Dec. 2020 is calculated as

Optima Medical Innovations's Pretax Margin for the quarter that ended in Sep. 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.

Optima Medical Innovations  (OTCPK:TOKIF) 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.

Optima Medical Innovations Pretax Margin % Related Terms

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Optima Medical Innovations (Optima Medical Innovations) Business Description