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GuruFocus has detected 1 Warning Sign with Cascadian Therapeutics Inc \$CASC.
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Gross Profit
USD 0.00 Mil (TTM As of Dec. 2016)

Cascadian Therapeutics Inc's gross profit for the three months ended in Dec. 2016 was USD 0.00 Mil. Cascadian Therapeutics Inc's gross profit for the trailing twelve months (TTM) ended in Dec. 2016 was USD 0.00 Mil.

Gross Margin is calculated as gross profit divided by its revenue. Cascadian Therapeutics Inc's gross profit for the three months ended in Dec. 2016 was USD 0.00 Mil. Cascadian Therapeutics Inc's revenue for the three months ended in Dec. 2016 was USD 0.00 Mil. Therefore, Cascadian Therapeutics Inc's Gross Margin for the quarter that ended in Dec. 2016 was %.

Cascadian Therapeutics Inc had a gross margin of % for the quarter that ended in Dec. 2016 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin of Cascadian Therapeutics Inc was 100.00%. The lowest was -231.10%. And the median was 100.00%.

Definition

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Cascadian Therapeutics Inc's Gross Profit for the fiscal year that ended in Dec. 2016 is calculated as

 Gross Profit (A: Dec. 2016 ) = Revenue - Cost of Goods Sold = 0 - 0 = 0.00

Cascadian Therapeutics Inc's Gross Profit for the quarter that ended in Dec. 2016 is calculated as

 Gross Profit (Q: Dec. 2016 ) = Revenue - Cost of Goods Sold = 0 - 0 = 0.00

Cascadian Therapeutics Inc Gross Profit for the trailing twelve months (TTM) ended in Dec. 2016 was 0 (Mar. 2016 ) + 0 (Jun. 2016 ) + 0 (Sep. 2016 ) + 0 (Dec. 2016 ) = USD 0.00 Mil.

Gross Profit is the numerator in the calculation of Gross Margin:

Cascadian Therapeutics Inc's Gross Margin for the quarter that ended in Dec. 2016 is calculated as

 Gross Margin (Q: Dec. 2016 ) = Gross Profit (Q: Dec. 2016 ) / Revenue (Q: Dec. 2016 ) = (Revenue - Cost of Goods Sold) / Revenue = 0.00 / 0 = %

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Cascadian Therapeutics Inc had a gross margin of % for the quarter that ended in Dec. 2016 => No sustainable competitive advantage

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.