Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. MEI Pharma's Pre-Tax Income for the
three
months ended in Mar. 2024 was $-9.13 Mil. MEI Pharma's Revenue for the
three
months ended in Mar. 2024 was $0.00 Mil. Therefore, MEI Pharma's pretax margin for the quarter that ended in Mar. 2024 was %.
The historical rank and industry rank for MEI Pharma's Pretax Margin % or its related term are showing as below:
MEIP'
s Pretax Margin % Range Over the Past 10 Years
Min: -2470.22 Med: -133.8 Max: 39.18
Current: 39.18
MEIP's Pretax Margin % is ranked better than 94.42% of 1021
companies
in the Biotechnology industry
Industry Median: -154.03
vs MEIP: 39.18
MEI Pharma Pretax Margin % Historical Data
The historical data trend for MEI Pharma'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 MEI Pharma's Pretax Margin %
For the Biotechnology subindustry, MEI Pharma'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.
MEI Pharma's Pretax Margin % Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, MEI Pharma's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where MEI Pharma's Pretax Margin % falls into.
MEI Pharma 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.
MEI Pharma's Pretax Margin for the fiscal year that ended in Jun. 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.
MEI Pharma (NAS:MEIP) 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.
MEI Pharma Pretax Margin % Related Terms
Thank you for viewing the detailed overview of MEI Pharma's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
MEI Pharma Inc is focused on the clinical development of novel therapies for cancer. The company's clinical drug candidate includes Pracinostat, an orally available histone deacetylase inhibitor for the treatment of patients with acute myeloid leukemia and myelodysplastic syndrome. Its clinical development portfolio also includes Zandelisib, an oral inhibitor of phosphatidylinositide 3-kinase delta for the treatment of patients with recurrent chronic lymphocytic leukemia or follicular non-Hodgkin's lymphoma; and ME-344, an isoflavone-based mitochondrial inhibitor for the treatment of HER2-negative breast cancer and Pracinostat, an oral histone deacetylase inhibitor. Geographically, all the business activities function through the region of the United States.
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