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Sixth Wave Innovations (Sixth Wave Innovations) Profitability Rank : 0 (As of May. 2023)


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What is Sixth Wave Innovations Profitability Rank?

Sixth Wave Innovations has the Profitability Rank of 0.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Sixth Wave Innovations's Operating Margin % for the quarter that ended in May. 2023 was %. As of today, Sixth Wave Innovations's Piotroski F-Score is 2.


Competitive Comparison of Sixth Wave Innovations's Profitability Rank

For the Specialty Chemicals subindustry, Sixth Wave Innovations's Profitability Rank, along with its competitors' market caps and Profitability Rank 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.


Sixth Wave Innovations's Profitability Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sixth Wave Innovations's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Sixth Wave Innovations's Profitability Rank falls into.



Sixth Wave Innovations Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Sixth Wave Innovations has the Profitability Rank of 0.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Sixth Wave Innovations's Operating Margin % for the quarter that ended in May. 2023 is calculated as:

Operating Margin %=Operating Income (Q: May. 2023 ) / Revenue (Q: May. 2023 )
=-0.631 / 0
= %

* 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.

2. Piotroski F-Score

Warning Sign:

Piotroski F-Score of 2 is low, which usually implies poor business operation.

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Sixth Wave Innovations has an F-score of 2. It is a bad or low score, which usually implies poor business operation.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

4. Consistency of the profitability

5. Predictability Rank


Sixth Wave Innovations Profitability Rank Related Terms

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Sixth Wave Innovations (Sixth Wave Innovations) Business Description

Traded in Other Exchanges
Address
210 Waterfront Drive Bedford, Suite 110, Nova Scotia, BC, CAN, B4A 0H3
Sixth Wave Innovations Inc is a nanotechnology company that uses patented Molecularly Imprinted Polymers (MIPs) for imprinting, capturing, and releasing substances at the molecular level. Its current products are in the process of commercialization in gold mining, cannabis production and health and security with rapid virus detection.

Sixth Wave Innovations (Sixth Wave Innovations) Headlines

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