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Jernigan Capital (Jernigan Capital) Gross Margin % : 68.17% (As of Sep. 2020)


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What is Jernigan Capital Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Jernigan Capital's Gross Profit for the three months ended in Sep. 2020 was $8.10 Mil. Jernigan Capital's Revenue for the three months ended in Sep. 2020 was $11.88 Mil. Therefore, Jernigan Capital's Gross Margin % for the quarter that ended in Sep. 2020 was 68.17%.


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

JCAPpB.PFD' s Gross Margin % Range Over the Past 10 Years
Min: 79.08   Med: 94.52   Max: 97.78
Current: 79.08


During the past 6 years, the highest Gross Margin % of Jernigan Capital was 97.78%. The lowest was 79.08%. And the median was 94.52%.

JCAPpB.PFD's Gross Margin % is not ranked
in the REITs industry.
Industry Median: 68.91 vs JCAPpB.PFD: 79.08

Jernigan Capital had a gross margin of 68.17% for the quarter that ended in Sep. 2020 => Durable competitive advantage

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


Jernigan Capital Gross Margin % Historical Data

The historical data trend for Jernigan Capital'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.

Jernigan Capital Gross Margin % Chart

Jernigan Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Gross Margin %
Get a 7-Day Free Trial - - 97.78 94.52 91.14

Jernigan Capital Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 91.93 87.99 82.50 77.49 68.17

Competitive Comparison of Jernigan Capital's Gross Margin %

For the REIT - Industrial subindustry, Jernigan Capital'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.


Jernigan Capital's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Jernigan Capital's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Jernigan Capital's Gross Margin % falls into.



Jernigan Capital Gross Margin % Calculation

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

Jernigan Capital's Gross Margin for the fiscal year that ended in Dec. 2019 is calculated as

Gross Margin % (A: Dec. 2019 )=Gross Profit (A: Dec. 2019 ) / Revenue (A: Dec. 2019 )
=41.1 / 45.093
=(Revenue - Cost of Goods Sold) / Revenue
=(45.093 - 3.994) / 45.093
=91.14 %

Jernigan Capital's Gross Margin for the quarter that ended in Sep. 2020 is calculated as


Gross Margin % (Q: Sep. 2020 )=Gross Profit (Q: Sep. 2020 ) / Revenue (Q: Sep. 2020 )
=8.1 / 11.878
=(Revenue - Cost of Goods Sold) / Revenue
=(11.878 - 3.781) / 11.878
=68.17 %

* 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.


Jernigan Capital  (NYSE:JCAPpB.PFD) 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

Jernigan Capital had a gross margin of 68.17% for the quarter that ended in Sep. 2020 => Durable 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.


Jernigan Capital Gross Margin % Related Terms

Thank you for viewing the detailed overview of Jernigan Capital's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Jernigan Capital (Jernigan Capital) Business Description

Traded in Other Exchanges
N/A
Address
6410 Poplar Avenue, Suite 650, Memphis, TN, USA, 38119
Jernigan Capital Inc is a real estate finance company. It offers capital to private developers, owners, and operators of self-storage facilities. The company's objective is to deliver long-term returns to shareholders by investing in newly constructed self-storage facilities and making loans secured by currently operating self-storage facilities. To achieve this objective company focuses on investments in development property and operating property loans. The majority of the revenue is generated from the interest income from investments made.
Executives
David Corak officer: SVP, Corporate Finance 6410 POPLAR AVE, SUITE 650, MEMPHIS TN 38119
Rebecca L Owen director 1750 H STREET, SUITE 500, COLUMBIA EQUITY TRUST, INC., WASHINGTON DC 20006
Randy L Churchey director 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
Jonathan L Perry officer: EVP, Chief Investment Officer 5 OLD LANCASTER ROAD, MALVERN PA 19355
Kelly P Luttrell officer: SVP, CFO and Treasurer 1395 BRICKELL AVENUE, MIAMI FL 33131
James D Dondero director 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Dean Jernigan director, officer: Chairman and CEO C/O FARMLAND PARTNERS INC., 8670 WOLFF COURT, SUITE 240, WESTMINSTER CO 80031
John A Good director, officer: President and COO C/O JERNIGAN CAPITAL, INC., 1395 BRICKELL AVENUE, MIAMI FL 33131
William C. Drummond officer: SVP, CFO and Treasurer 1395 BRICKELL AVENUE, MIAMI FL 33131
Harry J. Thie director 1395 BRICKELL AVENUE, MIAMI FL 33131
Howard A Silver director 999 SOUTH SHADY GROVE ROAD, SUITE 600, MEMPHIS TN 38120
Mark O. Decker director 1395 BRICKELL AVENUE, MIAMI FL 33131
Sam J. Jenkins director 1395 BRICKELL AVENUE, MIAMI FL 33131
Gregory W. Ward officer: CFO, Secretary and Treasurer 1395 BRICKELL AVENUE, MIAMI FL 33131

Jernigan Capital (Jernigan Capital) Headlines

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