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Econet Wireless Zimbabwe (XZIM:ECO.ZW) Pretax Margin % : 12.10% (As of Aug. 2023)


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What is Econet Wireless Zimbabwe Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Econet Wireless Zimbabwe's Pre-Tax Income for the six months ended in Aug. 2023 was ZWL133,087 Mil. Econet Wireless Zimbabwe's Revenue for the six months ended in Aug. 2023 was ZWL1,099,652 Mil. Therefore, Econet Wireless Zimbabwe's pretax margin for the quarter that ended in Aug. 2023 was 12.10%.

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

XZIM:ECO.ZW' s Pretax Margin % Range Over the Past 10 Years
Min: -13.83   Med: 5.48   Max: 39.81
Current: 11.44


XZIM:ECO.ZW's Pretax Margin % is ranked better than
63.32% of 379 companies
in the Telecommunication Services industry
Industry Median: 5.81 vs XZIM:ECO.ZW: 11.44

Econet Wireless Zimbabwe Pretax Margin % Historical Data

The historical data trend for Econet Wireless Zimbabwe'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.

Econet Wireless Zimbabwe Pretax Margin % Chart

Econet Wireless Zimbabwe Annual Data
Trend Feb09 Feb11 Feb12 Feb19 Feb20 Feb21 Feb22 Feb23
Pretax Margin %
Get a 7-Day Free Trial 5.48 -13.83 4.35 25.06 1.83

Econet Wireless Zimbabwe Semi-Annual Data
Feb11 Aug11 Feb12 Aug12 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.03 21.01 4.85 27.55 12.10

Competitive Comparison of Econet Wireless Zimbabwe's Pretax Margin %

For the Telecom Services subindustry, Econet Wireless Zimbabwe'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.


Econet Wireless Zimbabwe's Pretax Margin % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Econet Wireless Zimbabwe's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Econet Wireless Zimbabwe's Pretax Margin % falls into.



Econet Wireless Zimbabwe 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.

Econet Wireless Zimbabwe's Pretax Margin for the fiscal year that ended in Feb. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Feb. 2023 )/Revenue (A: Feb. 2023 )
=6192.09/339167.367
=1.83 %

Econet Wireless Zimbabwe's Pretax Margin for the quarter that ended in Aug. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Aug. 2023 )/Revenue (Q: Aug. 2023 )
=133087/1099652
=12.10 %

* 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.


Econet Wireless Zimbabwe  (XZIM:ECO.ZW) 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.


Econet Wireless Zimbabwe Pretax Margin % Related Terms

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Econet Wireless Zimbabwe (XZIM:ECO.ZW) Business Description

Traded in Other Exchanges
N/A
Address
2 Old Mutare Road, Econet Park, Msasa, Harare, ZWE
Econet Wireless Zimbabwe Ltd is a holding company. It operates in the following segments: Cellular Network Operations, which provides cellular network services Investments & Administrations, which is the investment vehicle. The Cellular Network Operations generate maximum revenue for the company. Geographically the company offers its services only in the Zimbabwe region.

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