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Nabati Foods Global (XCNQ:MEAL) Pretax Margin % : % (As of Sep. 2023)


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What is Nabati Foods Global Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Nabati Foods Global's Pre-Tax Income for the three months ended in Sep. 2023 was C$-0.11 Mil. Nabati Foods Global's Revenue for the three months ended in Sep. 2023 was C$0.00 Mil. Therefore, Nabati Foods Global's pretax margin for the quarter that ended in Sep. 2023 was %.

The historical rank and industry rank for Nabati Foods Global's Pretax Margin % or its related term are showing as below:

XCNQ:MEAL' s Pretax Margin % Range Over the Past 10 Years
Min: -79200   Med: -1041.34   Max: -111.69
Current: -79200


XCNQ:MEAL's Pretax Margin % is ranked worse than
99.95% of 1860 companies
in the Consumer Packaged Goods industry
Industry Median: 4.25 vs XCNQ:MEAL: -79200.00

Nabati Foods Global Pretax Margin % Historical Data

The historical data trend for Nabati Foods 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.

* Premium members only.

Nabati Foods Global Pretax Margin % Chart

Nabati Foods Global Annual Data
Trend Dec20 Dec21 Dec22
Pretax Margin %
-111.69 -2,668.70 -1,041.34

Nabati Foods Global Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -11,133.33 -27,400.00 - - -

Competitive Comparison of Nabati Foods Global's Pretax Margin %

For the Packaged Foods subindustry, Nabati Foods 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.


Nabati Foods Global's Pretax Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nabati Foods Global's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Nabati Foods Global's Pretax Margin % falls into.



Nabati Foods 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.

Nabati Foods Global's Pretax Margin for the fiscal year that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=-2.947/0.283
=-1,041.34 %

Nabati Foods Global's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-0.105/0
= %

* 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.


Nabati Foods Global  (XCNQ:MEAL) 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.


Nabati Foods Global Pretax Margin % Related Terms

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Nabati Foods Global (XCNQ:MEAL) Business Description

Traded in Other Exchanges
Address
1570 - 505 Burrard Street, Vancouver, BC, CAN, V7X 1M5
Nabati Foods Global Inc is an plant-based food technology company that designs, develops, produces, distributes and sells a variety of plant-based meat and other food alternatives.

Nabati Foods Global (XCNQ:MEAL) Headlines

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