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Grounded People Apparel (XCNQ:SHOE) Pretax Margin % : -2,133.33% (As of Nov. 2024)


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What is Grounded People Apparel Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Grounded People Apparel's Pre-Tax Income for the three months ended in Nov. 2024 was C$-0.51 Mil. Grounded People Apparel's Revenue for the three months ended in Nov. 2024 was C$0.02 Mil. Therefore, Grounded People Apparel's pretax margin for the quarter that ended in Nov. 2024 was -2,133.33%.

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

XCNQ:SHOE' s Pretax Margin % Range Over the Past 10 Years
Min: -3915.25   Med: -2825.81   Max: -1736.36
Current: -1927.62


XCNQ:SHOE's Pretax Margin % is ranked worse than
99.13% of 1033 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 3.92 vs XCNQ:SHOE: -1927.62

Grounded People Apparel Pretax Margin % Historical Data

The historical data trend for Grounded People Apparel'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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Grounded People Apparel Pretax Margin % Chart

Grounded People Apparel Annual Data
Trend Feb23 Feb24
Pretax Margin %
-1,736.36 -3,915.25

Grounded People Apparel Quarterly Data
Aug21 Nov21 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5,900.00 -1,580.56 -4,253.70 -697.92 -2,133.33

Competitive Comparison of Grounded People Apparel's Pretax Margin %

For the Footwear & Accessories subindustry, Grounded People Apparel'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.


Grounded People Apparel's Pretax Margin % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Grounded People Apparel's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Grounded People Apparel's Pretax Margin % falls into.


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Grounded People Apparel 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.

Grounded People Apparel's Pretax Margin for the fiscal year that ended in Feb. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Feb. 2024 )/Revenue (A: Feb. 2024 )
=-2.31/0.059
=-3,915.25 %

Grounded People Apparel's Pretax Margin for the quarter that ended in Nov. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Nov. 2024 )/Revenue (Q: Nov. 2024 )
=-0.512/0.024
=-2,133.33 %

* 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.


Grounded People Apparel  (XCNQ:SHOE) 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.


Grounded People Apparel Pretax Margin % Related Terms

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Grounded People Apparel Business Description

Traded in Other Exchanges
Address
800 - 1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5
Grounded People Apparel Inc is primarily engaged in the business of fair trade, sustainable and earth-conscious fashion. The Company's initial focus is on the design and production of shoes, and more specifically, high-top and low-cut canvassed sneakers.
Executives
Geoffrey Balderson Director, Senior Officer

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