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Easy Fincorp (BOM:511074) Gross Margin % : 0.00% (As of Dec. 2023)


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What is Easy Fincorp Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Easy Fincorp's Gross Profit for the three months ended in Dec. 2023 was ₹-0.47 Mil. Easy Fincorp's Revenue for the three months ended in Dec. 2023 was ₹0.00 Mil. Therefore, Easy Fincorp's Gross Margin % for the quarter that ended in Dec. 2023 was 0.00%.


The historical rank and industry rank for Easy Fincorp's Gross Margin % or its related term are showing as below:


During the past 13 years, the highest Gross Margin % of Easy Fincorp was 54.29%. The lowest was 29.06%. And the median was 38.17%.

BOM:511074's Gross Margin % is not ranked *
in the Credit Services industry.
Industry Median: 53.335
* Ranked among companies with meaningful Gross Margin % only.

Easy Fincorp had a gross margin of % for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Easy Fincorp was 0.00% per year.


Easy Fincorp Gross Margin % Historical Data

The historical data trend for Easy Fincorp's Gross Margin % 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.

Easy Fincorp Gross Margin % Chart

Easy Fincorp Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.29 48.10 37.12 - -

Easy Fincorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 - - - - -

Competitive Comparison of Easy Fincorp's Gross Margin %

For the Credit Services subindustry, Easy Fincorp's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Easy Fincorp's Gross Margin % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Easy Fincorp's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Easy Fincorp's Gross Margin % falls into.



Easy Fincorp Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Easy Fincorp's Gross Margin for the fiscal year that ended in Mar. 2023 is calculated as

Gross Margin % (A: Mar. 2023 )=Gross Profit (A: Mar. 2023 ) / Revenue (A: Mar. 2023 )
=-0.6 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.623) / 0
= %

Easy Fincorp's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-0.5 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.472) / 0
= %

* 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.


Easy Fincorp  (BOM:511074) Gross Margin % 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

Easy Fincorp had a gross margin of % for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Easy Fincorp Gross Margin % Related Terms

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Easy Fincorp (BOM:511074) Business Description

Traded in Other Exchanges
N/A
Address
30 Forjeet Street, Near Bhatia Hospital, 2nd Floor, Spencer Building, Grant Road (West), Mumbai, MH, IND, 400 036
Easy Fincorp Ltd operates in the financial service industry. The company provides financial intermediation services in India.

Easy Fincorp (BOM:511074) Headlines

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