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Fort Dearborn Income Securities, Inc. (:FDI)
Gross Profit
$0.00 Mil (TTM As of . 20)

Fort Dearborn Income Securities, Inc.'s gross profit for the six months ended in . 20 was $0.00 Mil. Fort Dearborn Income Securities, Inc.'s gross profit for the trailing twelve months (TTM) ended in . 20 was $0.00 Mil.

Gross Margin is calculated as gross profit divided by its revenue. Fort Dearborn Income Securities, Inc.'s gross profit for the six months ended in . 20 was $0.00 Mil. Fort Dearborn Income Securities, Inc.'s revenue for the six months ended in . 20 was $0.00 Mil. Therefore, Fort Dearborn Income Securities, Inc.'s Gross Margin for the quarter that ended in . 20 was %.

Fort Dearborn Income Securities, Inc. had a gross margin of % for the quarter that ended in . 20 => No sustainable competitive advantage


Definition

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

Fort Dearborn Income Securities, Inc.'s Gross Profit for the fiscal year that ended in . 20 is calculated as

Gross Profit (A: . 20 )=Revenue - Cost of Goods Sold
= -
=0.00

Fort Dearborn Income Securities, Inc.'s Gross Profit for the quarter that ended in . 20 is calculated as

Gross Profit (Q: . 20 )=Revenue - Cost of Goods Sold
= -
=0.00

For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fort Dearborn Income Securities, Inc. Gross Profit for the trailing twelve months (TTM) ended in . 20 was $0.00 Mil.

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

Fort Dearborn Income Securities, Inc.'s Gross Margin for the quarter that ended in . 20 is calculated as

Gross Margin (Q: . 20 )=Gross Profit (Q: . 20 ) / Revenue (Q: . 20 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.00 /
= %

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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

Fort Dearborn Income Securities, Inc. had a gross margin of % for the quarter that ended in . 20 => No sustainable competitive advantage


Related Terms

Cost of Goods Sold, Gross Margin, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Fort Dearborn Income Securities, Inc. Annual Data

Gross_Profit 0.000.000.000.000.000.000.000.000.000.00

Fort Dearborn Income Securities, Inc. Semi-Annual Data

Gross_Profit 0.000.000.000.000.000.000.000.000.000.00
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