Niska Gas Storage Partners LLC (Niska Gas Storage Partners LLC) Gross Margin % : 39.70% (As of Mar. 2016)

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What is Niska Gas Storage Partners LLC Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Niska Gas Storage Partners LLC's Gross Profit for the three months ended in Mar. 2016 was $3.63 Mil. Niska Gas Storage Partners LLC's Revenue for the three months ended in Mar. 2016 was $9.14 Mil. Therefore, Niska Gas Storage Partners LLC's Gross Margin % for the quarter that ended in Mar. 2016 was 39.70%.

The historical rank and industry rank for Niska Gas Storage Partners LLC's Gross Margin % or its related term are showing as below:

NKA's Gross Margin % is not ranked ^*
in the Oil & Gas industry.
Industry Median: 27.82
* Ranked among companies with meaningful Gross Margin % only.

Niska Gas Storage Partners LLC had a gross margin of 39.70% for the quarter that ended in Mar. 2016 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Niska Gas Storage Partners LLC was 0.00% per year.

Niska Gas Storage Partners LLC Gross Margin % Historical Data

The historical data trend for Niska Gas Storage Partners LLC'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.

Niska Gas Storage Partners LLC Gross Margin % Chart

Niska Gas Storage Partners LLC Annual Data

Trend

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Gross Margin %

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83.63

76.88

80.31

60.10

45.15

Niska Gas Storage Partners LLC Quarterly Data
	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16
Gross Margin %	Get a 7-Day Free Trial															198.72	13.93	50.24	58.60	39.70

Competitive Comparison of Niska Gas Storage Partners LLC's Gross Margin %

For the Oil & Gas Midstream subindustry, Niska Gas Storage Partners LLC'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.

Niska Gas Storage Partners LLC's Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Niska Gas Storage Partners LLC's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Niska Gas Storage Partners LLC's Gross Margin % falls into.

Niska Gas Storage Partners LLC Gross Margin % Calculation

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

Niska Gas Storage Partners LLC's Gross Margin for the fiscal year that ended in Mar. 2016 is calculated as

Gross Margin % (A: Mar. 2016 )	=	Gross Profit (A: Mar. 2016 )	/	Revenue (A: Mar. 2016 )
	=	24.5	/	54.345
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(54.345 - 29.806)	/	54.345
	=	45.15 %

Niska Gas Storage Partners LLC's Gross Margin for the quarter that ended in Mar. 2016 is calculated as

Gross Margin % (Q: Mar. 2016 )	=	Gross Profit (Q: Mar. 2016 )	/	Revenue (Q: Mar. 2016 )
	=	3.6	/	9.144
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(9.144 - 5.514)	/	9.144
	=	39.70 %

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.

Niska Gas Storage Partners LLC (NYSE:NKA) 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

Niska Gas Storage Partners LLC had a gross margin of 39.70% for the quarter that ended in Mar. 2016 => Competition eroding margins

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.

Niska Gas Storage Partners LLC Gross Margin % Related Terms

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Niska Gas Storage Partners LLC (Niska Gas Storage Partners LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Niska Gas Storage Partners LLC (NYSE:NKA) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.niskapartners.com

Niska Gas Storage Partners LLC was founded in 2006. The Company owns and operates natural gas storage assets. It owns or contracts for approximately 244.9 billion cubic feet, or Bcf, of total natural gas storage capacity. Its assets are located in key North American natural gas producing and consuming regions and are connected at points on the natural gas transmission network, providing access to multiple end-use markets. The Company stores natural gas for customers, including financial institutions, marketers, pipelines, power generators, utilities and producers of natural gas. Its gas storage customers include a broad mix of natural gas market participants, including financial institutions, producers, marketers, power generators, pipelines and municipalities. Its competitors include The Company's operations are subject to governmental laws and regulations.

Executives

Michael J Hennigan	director	3807 WEST CHESTER PIKE, NEWTOWN SQUARE PA 19073
James G Jackson	director	515 SOUTH FLOWER STREET, SUITE 4800, LOS ANGELES CA 90071
Ralph Alexander	director	1000 LOUISIANA, SUITE 1450, HOUSTON TX 77002
Shea William H Jr	director, officer: President & CEO	C/O NISKA GAS STORAGE PARTNERS LLC, 170 RADNOR CHESTER ROAD, SUITE 150, RADNOR PA 19087
Davis Bruce D Jr	officer: VP & Chief Administrative Offi	400, 607 8TH AVENUE S.W., CALGARY A0 T2P 0A7
Deborah M Fretz	director	1801 MARKET STREET, PHILADELPHIA PA 19103
Carlyle/riverstone Energy Partners Iii, L.p.	director, 10 percent owner	712 FIFTH AVENUE, 51ST FLOOR, NEW YORK NY 10019
C/r Energy Gp Iii, Llc	director, 10 percent owner	712 FIFTH AVENUE, 51ST FLOOR, NEW YORK NY 10019
Carlyle Group Inc.	10 percent owner	C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Carlyle Group Management L.l.c.	10 percent owner	C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Holdings I Gp Inc.	10 percent owner	C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Holdings I Gp Sub L.l.c.	10 percent owner	C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Carlyle Holdings I L.p.	10 percent owner	C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
Tc Group Sub L.p.	10 percent owner	C/O THE CARLYLE GROUP L.P., 1001 PENNSYLVANIA AVENUE, NW, WASHINGTON DC 20004-2505
George A Obrien	director	C/O INTERNATIONAL PAPER, 400 ATLANTIC STREET, STAMFORD CT 06921

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