Loop Industries Inc
NASDAQ:LOOP
Operating Margin
Loop Industries Inc
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| CA |
|
Loop Industries Inc
NASDAQ:LOOP
|
79.5m USD |
-53%
|
|
| SA |
|
Saudi Basic Industries Corporation SJSC
SAU:2010
|
228.3B SAR |
3%
|
|
| ID |
|
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
|
834.8T IDR |
-3%
|
|
| ID |
|
Chandra Asri Pacific PT Tbk
OTC:PTPIF
|
45.6B USD |
-3%
|
|
| US |
|
Dow Inc
NYSE:DOW
|
19.7B USD |
3%
|
|
| UK |
|
LyondellBasell Industries NV
NYSE:LYB
|
18.9B USD |
4%
|
|
| IN |
|
Solar Industries India Ltd
NSE:SOLARINDS
|
1.5T INR |
24%
|
|
| CN |
|
Hengli Petrochemical Co Ltd
SSE:600346
|
99.3B CNY |
6%
|
|
| KR |
|
LG Chem Ltd
KRX:051910
|
16.6T KRW |
2%
|
|
| CN |
|
Rongsheng Petrochemical Co Ltd
SZSE:002493
|
77.2B CNY |
3%
|
|
| CN |
|
Zhejiang Juhua Co Ltd
SSE:600160
|
75.3B CNY |
13%
|
Loop Industries Inc
Glance View
Loop Industries, Inc. focuses on depolymerizing waste polyethylene terephthalate (PET) plastics and polyester fibers into base building blocks. The company is headquartered in Terrebonne, Quebec and currently employs 84 full-time employees. The company went IPO on 2012-09-27. The firm owns a technology that depolymerizes waste polyethylene terephthalate (PET) plastic and polyester fiber, including plastic bottles and packaging, carpets and textiles of any color, transparency or condition and ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). The monomers are filtered, purified and polymerized to create Loop branded PET resin suitable for use in food-grade packaging and polyester fiber. Its Generation I technology (GEN I) is a hydrolysis-based depolymerization technology, which yields purified terephthalic acid (PTA) and monoethylene glycol (MEG), two common monomers of PET. Its Generation II technology (GEN II) is a methanolysis-based depolymerization technology that uses temperatures below 90 °C to depolymerize waste PET and polyester fiber. The company uses waste PET plastic and polyester fiber as feedstock. Loop Canada Inc. is its subsidiary.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Loop Industries Inc's most recent financial statements, the company has Operating Margin of -52.6%.
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