Econavista (TSE:5585) Pretax Margin % : 38.45% (As of Jan. 2024)

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What is Econavista Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Econavista's Pre-Tax Income for the three months ended in Jan. 2024 was 円133.4 Mil. Econavista's Revenue for the three months ended in Jan. 2024 was 円346.8 Mil. Therefore, Econavista's pretax margin for the quarter that ended in Jan. 2024 was 38.45%.

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

TSE:5585' s Pretax Margin % Range Over the Past 10 Years
Min: 14.92 Med: 34.06 Max: 34.29
Current: 14.92

TSE:5585's Pretax Margin % is ranked better than
81% of 658 companies
in the Healthcare Providers & Services industry
Industry Median: 2.59 vs TSE:5585: 14.92

Econavista Pretax Margin % Historical Data

The historical data trend for Econavista'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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Econavista Pretax Margin % Chart

Econavista Annual Data

Trend

Oct21

Oct22

Oct23

Pretax Margin %

25.01

34.06

34.29

Econavista Quarterly Data
	Oct21	Oct22	Apr23	Jul23	Oct23	Jan24
Pretax Margin %	Get a 7-Day Free Trial			-	-	0.20	-43.20	38.45

Competitive Comparison of Econavista's Pretax Margin %

For the Health Information Services subindustry, Econavista'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.

Econavista's Pretax Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Econavista's Pretax Margin % distribution charts can be found below:

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

Econavista 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.

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

Pretax Margin	=	Pre-Tax Income (A: Oct. 2023 )	/	Revenue (A: Oct. 2023 )
	=	372.501	/	1086.242
	=	34.29 %

Econavista's Pretax Margin for the quarter that ended in Jan. 2024 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	133.363	/	346.806
	=	38.45 %

Econavista (TSE:5585) 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.

Econavista Pretax Margin % Related Terms

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Econavista (TSE:5585) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Econavista Inc (TSE:5585) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-1 Kioicho, KKD Building 6 Floor, Chiyoda-ku, Tokyo, JPN, 102-0094

Website

https://www.econavista.com

Econavista Inc is engaged in the Development of AI for predicting health status transition through sleep analysis technology and its application to solve social challenges, such as its AI-backed services of Life Rhythm Navi. It automatically records your daily living conditions (life rhythm) and works with specialized medical institutions to visualize the signs of dementia and diseases that are common among the elderly (heat stroke, sleep disorders, etc.). It is a monitoring system to prevent sudden changes in physical conditions and accidents in preventive medicine.

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