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Nickel Creek Platinum (Nickel Creek Platinum) Gross Margin % : 0.00% (As of Mar. 2024)


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What is Nickel Creek Platinum Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Nickel Creek Platinum's Gross Profit for the three months ended in Mar. 2024 was $-0.01 Mil. Nickel Creek Platinum's Revenue for the three months ended in Mar. 2024 was $0.00 Mil. Therefore, Nickel Creek Platinum's Gross Margin % for the quarter that ended in Mar. 2024 was 0.00%.


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


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

Nickel Creek Platinum had a gross margin of % for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Nickel Creek Platinum was 0.00% per year.


Nickel Creek Platinum Gross Margin % Historical Data

The historical data trend for Nickel Creek Platinum'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.

Nickel Creek Platinum Gross Margin % Chart

Nickel Creek Platinum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
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Nickel Creek Platinum Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Nickel Creek Platinum's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Nickel Creek Platinum'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.


Nickel Creek Platinum's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nickel Creek Platinum's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Nickel Creek Platinum's Gross Margin % falls into.



Nickel Creek Platinum Gross Margin % Calculation

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

Nickel Creek Platinum's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-0.1 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.066) / 0
= %

Nickel Creek Platinum's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=-0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.008) / 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.


Nickel Creek Platinum  (OTCPK:NCPCF) 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

Nickel Creek Platinum had a gross margin of % for the quarter that ended in Mar. 2024 => 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.


Nickel Creek Platinum Gross Margin % Related Terms

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Nickel Creek Platinum (Nickel Creek Platinum) Business Description

Traded in Other Exchanges
Address
1700 - 666 Burrard Street, Vancouver, BC, CAN, V6C 2X8
Nickel Creek Platinum Corp is a Canadian involved in mining exploration, evaluation, and development of platinum group metal and nickel mineral properties. The company mainly operates through its Yukon Territory property in Canada. It generates majority of its revenue through the sale of its metals deposit, while it also engages in the acquisition, evaluation, research, and development of mining properties.

Nickel Creek Platinum (Nickel Creek Platinum) Headlines