Heritage Cannabis Holding (Heritage Cannabis Holding) Pretax Margin % : -190.79% (As of Oct. 2023)

Heritage Cannabis Holding Pretax Margin % Chart

Heritage Cannabis Holding Annual Data
	Trend	Oct14	Oct15	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21	Oct22	Oct23
Pretax Margin %		Get a 7-Day Free Trial					-416.99	-119.32	-430.12	-91.05	-71.57

Heritage Cannabis Holding Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Pretax Margin %	Get a 7-Day Free Trial															-351.41	-43.88	-28.76	-14.83	-190.79

Competitive Comparison of Heritage Cannabis Holding's Pretax Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Heritage Cannabis Holding'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.

Heritage Cannabis Holding's Pretax Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Heritage Cannabis Holding's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Heritage Cannabis Holding's Pretax Margin % falls into.

Heritage Cannabis Holding 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.

Heritage Cannabis Holding's Pretax Margin for the fiscal year that ended in Oct. 2023 is calculated as

Heritage Cannabis Holding's Pretax Margin for the quarter that ended in Oct. 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.

Heritage Cannabis Holding  (OTCPK:HERTF) 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.

Heritage Cannabis Holding Pretax Margin % Related Terms

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Heritage Cannabis Holding (Heritage Cannabis Holding) Business Description