Delta 9 Cannabis EBITDA margin
What is the EBITDA margin of Delta 9 Cannabis?
The EBITDA margin of Delta 9 Cannabis Inc. is -16.05%
What is the definition of EBITDA margin?
EBITDA margin is a profitability ratio that measures how much EBITDA the company generates as a percentage of revenue.
ttm (trailing twelve months)
EBITDA margin measures how much of EBITDA is generated as a percentage of sales. It measures the company’s operating profit as a percentage of its revenue and is calculated as EBITDA (earnings before interest, taxes, depreciation, and amortization) divided by total revenue.
EBITDA margin also helps with judging the effectiveness of cost-cutting processes at the company. The higher the company’s EBITDA margin, the lower operating expenses are in respect to revenue. As a result, a higher EBITDA margin is considered more favorable. Smaller companies can have higher EBITDA margins since they are able to operate more efficiently and maximize their profitability.
EBITDA excludes interest on debt, taxes, and capital expenditures, the margin does not provide a perfectly clear estimate of the business’s cash flow generation. Furthermore, EBITDA margin is not recognized as a GAAP (generally accepted accounting principles) metric.
EBITDA margin of companies in the Health Care sector on TSX compared to Delta 9 Cannabis
What does Delta 9 Cannabis do?
Delta 9 Cannabis Inc. operates as an integrated cannabis company. The company, through its subsidiary, Delta 9 Bio-Tech Inc., engages in the cultivation, processing, extraction, wholesale distribution, retail, and sale of medical and recreational cannabis and related merchandise and devices. As of August 24, 2021, it owned and operated 13 retail stores under the Delta 9 brand name. Delta 9 Cannabis Inc. was founded in 2012 and is headquartered in Winnipeg, Canada.
Companies with ebitda margin similar to Delta 9 Cannabis
- Nanfang Communication has EBITDA margin of -16.16%
- MMTC has EBITDA margin of -16.16%
- China All Access () has EBITDA margin of -16.14%
- Global Blue AG has EBITDA margin of -16.10%
- Oliver's Real Food has EBITDA margin of -16.10%
- Honbridge has EBITDA margin of -16.07%
- Delta 9 Cannabis has EBITDA margin of -16.05%
- Boqii Ltd has EBITDA margin of -16.04%
- Unitech has EBITDA margin of -16.02%
- Knosys has EBITDA margin of -15.92%
- SeaSpine Corp has EBITDA margin of -15.92%
- Veejay Lakshmi Engineering Works has EBITDA margin of -15.92%
- Formycon AG has EBITDA margin of -15.92%