Amarin Corp EBIT margin
What is the EBIT margin of Amarin Corp?
The EBIT margin of Amarin Corp is -10.74%
What is the definition of EBIT margin?
EBIT margin is a profitability ratio that measures earnings of the company as a percentage of revenue without taking into account the effect of taxes and interest.
ttm (trailing twelve months)
EBIT margin measures the profitability and operational efficiency of a company. It compares the amount of money that remains after the cost of goods and all operating expenses are subtracted from net revenue to sales. EBIT margin is calculated as earnings before interest and taxes divided by net revenue.
EBIT and EBIT margin evaluate how well a business manages its operations. Interest and taxes are not operating expenses and don’t impact operating efficiency. EBIT margin is usually used to compare operational efficiency and profitability of companies within the same industry. Taxes can vary by location thus excluding them from the calculation gives a better basis for comparing different companies.
EBIT and operating income are often used interchangeably, but there is a difference between them, which can cause the numbers to give different results. The key difference is that operating income does not include non-operating income, non-operating expenses, and other income.
EBIT margin of companies in the Health Care sector on NASDAQ compared to Amarin Corp
What does Amarin Corp do?
amarin corporation plc is a biopharmaceutical company focused on the commercialization and development of therapeutics to improve cardiovascular health. amarin's product development program leverages its extensive experience in lipid science and the potential therapeutic benefits of polyunsaturated fatty acids. vascepa® (icosapent ethyl) is amarin's first fda approved product and is available in the united states by prescription. for more information about vascepa visit www.vascepa.com.
Companies with ebit margin similar to Amarin Corp
- Mahindra EPC Irrigation has EBIT margin of -10.84%
- Kentucky First Federal Bancorp has EBIT margin of -10.84%
- Gujarat Apollo Industries has EBIT margin of -10.81%
- Spirit Airlines has EBIT margin of -10.81%
- Amicus Therapeutics Inc has EBIT margin of -10.77%
- Premier Explosives has EBIT margin of -10.77%
- Amarin Corp has EBIT margin of -10.74%
- Latecoere S.A has EBIT margin of -10.74%
- Indian Terrain Fashions has EBIT margin of -10.73%
- Photocure ASA has EBIT margin of -10.73%
- Grupo Tmm S.A.B has EBIT margin of -10.70%
- Nanotech Security has EBIT margin of -10.66%
- Capital Senior Living has EBIT margin of -10.66%