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Cross Border Resources (Cross Border Resources) Gross Profit : $7.75 Mil (TTM As of Mar. 2015)


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What is Cross Border Resources Gross Profit?

Cross Border Resources's gross profit for the three months ended in Mar. 2015 was $0.70 Mil. Cross Border Resources's gross profit for the trailing twelve months (TTM) ended in Mar. 2015 was $7.75 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Cross Border Resources's gross profit for the three months ended in Mar. 2015 was $0.70 Mil. Cross Border Resources's Revenue for the three months ended in Mar. 2015 was $1.45 Mil. Therefore, Cross Border Resources's Gross Margin % for the quarter that ended in Mar. 2015 was 48.45%.

Cross Border Resources had a gross margin of 48.45% for the quarter that ended in Mar. 2015 => Durable competitive advantage


Cross Border Resources Gross Profit Historical Data

The historical data trend for Cross Border Resources's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cross Border Resources Gross Profit Chart

Cross Border Resources Annual Data
Trend Jul06 Jul07 Jul08 Jul09 Jul10 Dec11 Dec12 Dec13 Dec14
Gross Profit
Get a 7-Day Free Trial Premium Member Only -0.16 5.28 12.50 10.83 10.06

Cross Border Resources Quarterly Data
Apr10 Jul10 Oct10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.02 3.22 2.37 1.46 0.70

Competitive Comparison of Cross Border Resources's Gross Profit

For the Oil & Gas E&P subindustry, Cross Border Resources's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cross Border Resources's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cross Border Resources's Gross Profit distribution charts can be found below:

* The bar in red indicates where Cross Border Resources's Gross Profit falls into.



Cross Border Resources Gross Profit Calculation

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

Cross Border Resources's Gross Profit for the fiscal year that ended in Dec. 2014 is calculated as

Gross Profit (A: Dec. 2014 )=Revenue - Cost of Goods Sold
=12.352 - 2.288
=10.06

Cross Border Resources's Gross Profit for the quarter that ended in Mar. 2015 is calculated as

Gross Profit (Q: Mar. 2015 )=Revenue - Cost of Goods Sold
=1.453 - 0.749
=0.70

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $7.75 Mil.

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

Cross Border Resources's Gross Margin % for the quarter that ended in Mar. 2015 is calculated as

Gross Margin % (Q: Mar. 2015 )=Gross Profit (Q: Mar. 2015 ) / Revenue (Q: Mar. 2015 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.70 / 1.453
=48.45 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange 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.


Cross Border Resources  (OTCPK:XBOR) Gross Profit 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

Cross Border Resources had a gross margin of 48.45% for the quarter that ended in Mar. 2015 => Durable competitive advantage


Cross Border Resources Gross Profit Related Terms

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Cross Border Resources (Cross Border Resources) Business Description

Traded in Other Exchanges
N/A
Address
2515 McKinney Avenue, Suite 900, Dallas, TX, USA, 75201
Cross Border Resources Inc is an oil and gas Exploration Company. The Company is engaged in the acquisition, operation, exploration and development of oil and gas properties and prospects.
Executives
Laroche Richard F Jr director P.O. BOX 1398, MURFREESBORO TN 37133-1398
Gray Everett Willard Ii other: Former Chief Executive Officer P. O. BOX 5375, MIDLAND TX 79704

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