Groove Botanicals (Groove Botanicals) Pretax Margin % : % (As of Sep. 2023)

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What is Groove Botanicals Pretax Margin %?

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

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

GRVE' s Pretax Margin % Range Over the Past 10 Years
Min: -4724.53 Med: -601.93 Max: 90.91
Current: -426.32

GRVE's Pretax Margin % is ranked worse than
93.43% of 974 companies
in the Oil & Gas industry
Industry Median: 6.035 vs GRVE: -426.32

Groove Botanicals Pretax Margin % Historical Data

The historical data trend for Groove Botanicals'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.

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Groove Botanicals Pretax Margin % Chart

Groove Botanicals Annual Data

Trend

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Pretax Margin %

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-456.71

-503.85

90.91

-4,724.53

-426.32

Groove Botanicals Semi-Annual Data
	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Sep22	Sep23
Pretax Margin %	Get a 7-Day Free Trial															-234.62	-590.32	-286.36	-	-

Competitive Comparison of Groove Botanicals's Pretax Margin %

For the Oil & Gas E&P subindustry, Groove Botanicals'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.

Groove Botanicals's Pretax Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Groove Botanicals's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Groove Botanicals's Pretax Margin % falls into.

Groove Botanicals 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.

Groove Botanicals's Pretax Margin for the fiscal year that ended in Mar. 2017 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Mar. 2017 )	/	Revenue (A: Mar. 2017 )
	=	-0.243	/	0.057
	=	-426.32 %

Groove Botanicals'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
	=	%

Groove Botanicals (OTCPK:GRVE) 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.

Groove Botanicals Pretax Margin % Related Terms

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