Zynex Inc EBIT margin
What is the EBIT margin of Zynex Inc?
The EBIT margin of Zynex Inc is 5.34%
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 Zynex Inc
What does Zynex Inc do?
zynex, inc. founded in 1996, engineers, manufactures and markets neuro-diagnostics, stroke rehabilitation, pain management and cardiac monitoring devices within three subsidiaries. zynex medical is a provider of electrotherapy products for home use. zynex monitoring solutions develops products for cardiac monitoring for use in hospitals. zynex neurodiagnostics develops devices for emg and eeg diagnostic applications within neurology disciplines. zynex medical's product line is fully developed, fda/ce cleared, commercially sold, and has been developed to uphold the company's mission of improving the quality of life for patients suffering from impaired mobility due to stroke, spinal cord injury, or debilitating and chronic pain. zynex monitoring solutions and zynex neurodiagnostics are currently both in the development stages without any significant revenues.
Companies with ebit margin similar to Zynex Inc
- Morepen Laboratories has EBIT margin of 5.32%
- AGC Networks has EBIT margin of 5.33%
- Resideo Technologies Inc has EBIT margin of 5.34%
- Lever Style Corp has EBIT margin of 5.34%
- Phyto Chem (India) has EBIT margin of 5.34%
- Model N Inc has EBIT margin of 5.34%
- Zynex Inc has EBIT margin of 5.34%
- NV5 Global Inc has EBIT margin of 5.35%
- FCS Software Solutions has EBIT margin of 5.35%
- Aviat Networks Inc has EBIT margin of 5.35%
- Visiativ SA has EBIT margin of 5.35%
- Avid Bioservices Inc has EBIT margin of 5.36%
- STM Plc has EBIT margin of 5.36%