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Hi Ho Silver Resources (Hi Ho Silver Resources) Gross Margin % : 0.00% (As of Apr. 2021)


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What is Hi Ho Silver Resources Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Hi Ho Silver Resources's Gross Profit for the three months ended in Apr. 2021 was $-0.01 Mil. Hi Ho Silver Resources's Revenue for the three months ended in Apr. 2021 was $0.00 Mil. Therefore, Hi Ho Silver Resources's Gross Margin % for the quarter that ended in Apr. 2021 was 0.00%.


The historical rank and industry rank for Hi Ho Silver Resources's Gross Margin % or its related term are showing as below:


HHSRF's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 19.22
* Ranked among companies with meaningful Gross Margin % only.

Hi Ho Silver Resources had a gross margin of % for the quarter that ended in Apr. 2021 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Hi Ho Silver Resources was 0.00% per year.


Hi Ho Silver Resources Gross Margin % Historical Data

The historical data trend for Hi Ho Silver Resources'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.

Hi Ho Silver Resources Gross Margin % Chart

Hi Ho Silver Resources Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20
Gross Margin %
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Hi Ho Silver Resources Quarterly Data
Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21
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Competitive Comparison of Hi Ho Silver Resources's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Hi Ho Silver Resources'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.


Hi Ho Silver Resources's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hi Ho Silver Resources's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Hi Ho Silver Resources's Gross Margin % falls into.



Hi Ho Silver Resources Gross Margin % Calculation

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

Hi Ho Silver Resources's Gross Margin for the fiscal year that ended in Jul. 2020 is calculated as

Gross Margin % (A: Jul. 2020 )=Gross Profit (A: Jul. 2020 ) / Revenue (A: Jul. 2020 )
=-0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.027) / 0
= %

Hi Ho Silver Resources's Gross Margin for the quarter that ended in Apr. 2021 is calculated as


Gross Margin % (Q: Apr. 2021 )=Gross Profit (Q: Apr. 2021 ) / Revenue (Q: Apr. 2021 )
=-0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.007) / 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.


Hi Ho Silver Resources  (OTCPK:HHSRF) 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

Hi Ho Silver Resources had a gross margin of % for the quarter that ended in Apr. 2021 => 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.


Hi Ho Silver Resources Gross Margin % Related Terms

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Hi Ho Silver Resources (Hi Ho Silver Resources) Business Description

Traded in Other Exchanges
N/A
Address
Maple Ridge Square, P.O. Box 21199, Maple Ridge, BC, CAN, V2X 1P7
Hi Ho Silver Resources Inc is a Canadian based exploration company. It is engaged in the acquisition and exploration of mineral properties in British Columbia, Newfoundland, Labrador, and California. The company holds an interest in Norbeau Gold Property, Fairview South Okanagan Property, and Illite Clay project.

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