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Mills Music Trust (Mills Music Trust) Pretax Margin % : 78.15% (As of Dec. 2021)


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What is Mills Music Trust Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mills Music Trust's Pre-Tax Income for the six months ended in Dec. 2021 was $0.83 Mil. Mills Music Trust's Revenue for the six months ended in Dec. 2021 was $1.06 Mil. Therefore, Mills Music Trust's pretax margin for the quarter that ended in Dec. 2021 was 78.15%.

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


MMTRS's Pretax Margin % is not ranked *
in the Business Services industry.
Industry Median: 5.68
* Ranked among companies with meaningful Pretax Margin % only.

Mills Music Trust Pretax Margin % Historical Data

The historical data trend for Mills Music Trust'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.

Mills Music Trust Pretax Margin % Chart

Mills Music Trust Annual Data
Trend Dec20 Dec21
Pretax Margin %
77.58 78.15

Mills Music Trust Semi-Annual Data
Dec20 Dec21
Pretax Margin % 77.58 78.15

Competitive Comparison of Mills Music Trust's Pretax Margin %

For the Specialty Business Services subindustry, Mills Music Trust'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.


Mills Music Trust's Pretax Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Mills Music Trust's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Mills Music Trust's Pretax Margin % falls into.



Mills Music Trust 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.

Mills Music Trust's Pretax Margin for the fiscal year that ended in Dec. 2021 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2021 )/Revenue (A: Dec. 2021 )
=0.83/1.062
=78.15 %

Mills Music Trust's Pretax Margin for the quarter that ended in Dec. 2021 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2021 )/Revenue (Q: Dec. 2021 )
=0.83/1.062
=78.15 %

* 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.


Mills Music Trust  (OTCPK:MMTRS) 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.


Mills Music Trust Pretax Margin % Related Terms

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Mills Music Trust (Mills Music Trust) Business Description

Traded in Other Exchanges
N/A
Address
c/o HSBC BANK USA, N.A., 452 Fifth Avenue, Corporate Trust, Issuer Services, New York, NY, USA, 10018
Mills Music Trust holds the right to receive payment of a deferred contingent purchase price obligation relating to music and lyric copyright catalogue payable by EMI Mills Music Inc primarily in the United States. The payments of the contingent portion are based on royalty income generated by the catalogue.

Mills Music Trust (Mills Music Trust) Headlines

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