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Nano X Imaging (Nano X Imaging) Pretax Margin % : -430.83% (As of Dec. 2023)


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What is Nano X Imaging Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Nano X Imaging's Pre-Tax Income for the three months ended in Dec. 2023 was $-10.33 Mil. Nano X Imaging's Revenue for the three months ended in Dec. 2023 was $2.40 Mil. Therefore, Nano X Imaging's pretax margin for the quarter that ended in Dec. 2023 was -430.83%.

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

NNOX' s Pretax Margin % Range Over the Past 10 Years
Min: -4742.79   Med: -1363.03   Max: -617.01
Current: -617.01


NNOX's Pretax Margin % is ranked worse than
89.82% of 815 companies
in the Medical Devices & Instruments industry
Industry Median: 0.05 vs NNOX: -617.01

Nano X Imaging Pretax Margin % Historical Data

The historical data trend for Nano X Imaging'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.

Nano X Imaging Pretax Margin % Chart

Nano X Imaging Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial - - -4,742.79 -1,363.03 -617.01

Nano X Imaging Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -2,526.69 -484.47 -675.87 -866.56 -430.83

Competitive Comparison of Nano X Imaging's Pretax Margin %

For the Medical Devices subindustry, Nano X Imaging'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.


Nano X Imaging's Pretax Margin % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Nano X Imaging's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Nano X Imaging's Pretax Margin % falls into.



Nano X Imaging 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.

Nano X Imaging's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-61.115/9.905
=-617.01 %

Nano X Imaging's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-10.327/2.397
=-430.83 %

* 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.


Nano X Imaging  (NAS:NNOX) 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.


Nano X Imaging Pretax Margin % Related Terms

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Nano X Imaging (Nano X Imaging) Business Description

Traded in Other Exchanges
N/A
Address
Communications Center, Neve Ilan, Jerusalem, ISR, 9085000
Nano X Imaging Ltd is engaged in the business of manufacturing medical imaging systems. It offers a Nanox System which is a combination of hardware and software. It develops a prototype of the Nanox.ARC, a medical imaging system incorporating its novel digital X-ray source; and Nanox.CLOUD, a companion cloud-based software that will allow for the delivery of medical screening as a service.