The historical rank and industry rank for CLS Holdings USA's Pretax Margin % or its related term are showing as below:
XCNQ:CLSH'
s Pretax Margin % Range Over the Past 10 Years
Min: -326.5 Med: -69.46 Max: -1.76
Current: -40.16
XCNQ:CLSH's Pretax Margin % is ranked worse than 78.38% of 1022
companies
in the Drug Manufacturers industry
Industry Median: 4.555
vs XCNQ:CLSH: -40.16
CLS Holdings USA Pretax Margin % Historical Data
The historical data trend for CLS Holdings USA'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 CLS Holdings USA's Pretax Margin %
For the Drug Manufacturers - Specialty & Generic subindustry, CLS Holdings USA'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.
CLS Holdings USA's Pretax Margin % Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, CLS Holdings USA's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where CLS Holdings USA's Pretax Margin % falls into.
CLS Holdings USA 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.
CLS Holdings USA's Pretax Margin for the fiscal year that ended in May. 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.
CLS Holdings USA (XCNQ:CLSH) 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.
CLS Holdings USA Pretax Margin % Related Terms
Thank you for viewing the detailed overview of CLS Holdings USA's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
CLS Holdings USA Inc is a diversified cannabis company that acts as an integrated cannabis producer and retailer through its Oasis Cannabis subsidiaries in Nevada and plans to expand to other states. CLS stands for Cannabis Life Sciences in recognition of the company's patented proprietary method of extracting various cannabinoids from the marijuana plant and converting them into products with a higher level of quality and consistency. The company's business model includes licensing operations, processing operations, processing facilities, sale of products, brand creation and consulting services. The company generates the majority of its revenues and corresponding accounts receivable from the sale of cannabis, and cannabis related products.
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