Nova Cannabis Inc (NOVC.TO)
1.21
-0.08
(-6.20%)
CAD |
TSX |
May 31, 16:00
Nova Cannabis Profit Margin (Quarterly): -0.52% for March 31, 2024
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | -0.52% |
| December 31, 2023 | 0.65% |
| September 30, 2023 | 3.10% |
| June 30, 2023 | 1.62% |
| March 31, 2023 | -0.90% |
| December 31, 2022 | -7.77% |
| September 30, 2022 | -2.61% |
| June 30, 2022 | -2.43% |
| Date | Value |
|---|---|
| March 31, 2022 | -7.09% |
| December 31, 2021 | -10.77% |
| September 30, 2021 | -16.14% |
| June 30, 2021 | -23.65% |
| March 31, 2021 | -12.10% |
| December 31, 2020 | -18.37% |
| September 30, 2020 | 8.59% |
| June 30, 2020 | -0.63% |
Profit Margin Definition
Profit Margin is calculated using Net Income/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into profit. An analyst looking at profit margin might look for a higher profit margin relative to other comparable companies as well as a profit margin that is growing.
Profit Margin (Quarterly) Range, Past 5 Years
-23.65%
Minimum
Jun 2021
8.59%
Maximum
Sep 2020
-5.56%
Average
-2.52%
Median
Profit Margin (Quarterly) Benchmarks
| High Tide Inc | -0.27% |
| Relevium Technologies Inc | -- |
| Gaby Inc | -32.94% |
| PeakBirch Commerce Inc | -- |
| Neighbourly Pharmacy Inc (DELISTED) | -1.70% |
Profit Margin (Quarterly) Related Metrics
| Return on Equity | 6.54% |
| Return on Assets | 2.69% |
| Return on Invested Capital | 5.14% |
| Gross Profit Margin (Quarterly) | 24.56% |
| Operating Margin (Quarterly) | 2.97% |
| Return on Net Operating Assets | 2.84% |