The historical rank and industry rank for Cannabis Global's Pretax Margin % or its related term are showing as below:
CBGL's Pretax Margin % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 4.12 * Ranked among companies with meaningful Pretax Margin % only.
Cannabis Global Pretax Margin % Historical Data
The historical data trend for Cannabis Global'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 Cannabis Global's Pretax Margin %
For the Drug Manufacturers - Specialty & Generic subindustry, Cannabis Global'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.
Cannabis Global's Pretax Margin % Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Cannabis Global's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Cannabis Global's Pretax Margin % falls into.
Cannabis Global 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.
Cannabis Global's Pretax Margin for the fiscal year that ended in Aug. 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.
Cannabis Global (OTCPK:CBGL) 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.
Cannabis Global Pretax Margin % Related Terms
Thank you for viewing the detailed overview of Cannabis Global's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Cannabis Global (Cannabis Global) Business Description
Cannabis Global manufactures and distributes various cannabis products via its majority ownership of Natural Plant Extract, Inc is developing the Ethos Comply Bag, and generally conducts research and development in the areas of hemp, cannabis and consumer food goods. The company also have an active research and development program primarily focused on creating and commercializing engineered technologies that deliver hemp extracts and cannabinoids to the human body. Its product includes cannabis flower packaged in various weights, cannabis Pre-rolls, cannabis edible products.
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