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Esrey Resources (TSXV:ESR.H) Gross Margin % : 0.00% (As of Jun. 2021)


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What is Esrey Resources Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Esrey Resources's Gross Profit for the three months ended in Jun. 2021 was C$0.00 Mil. Esrey Resources's Revenue for the three months ended in Jun. 2021 was C$0.00 Mil. Therefore, Esrey Resources's Gross Margin % for the quarter that ended in Jun. 2021 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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


TSXV:ESR.H's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 20.275
* Ranked among companies with meaningful Gross Margin % only.

Esrey Resources had a gross margin of N/A% for the quarter that ended in Jun. 2021 => No sustainable competitive advantage

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


Esrey Resources Gross Margin % Historical Data

The historical data trend for Esrey 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.

Esrey Resources Gross Margin % Chart

Esrey Resources Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
Gross Margin %
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Esrey Resources Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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Competitive Comparison of Esrey Resources's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Esrey 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.


Esrey Resources's Gross Margin % Distribution in the Metals & Mining Industry

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

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



Esrey Resources Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Esrey Resources's Gross Margin for the fiscal year that ended in Sep. 2020 is calculated as

Gross Margin % (A: Sep. 2020 )=Gross Profit (A: Sep. 2020 ) / Revenue (A: Sep. 2020 )
=-0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.042) / 0
= %

Esrey Resources's Gross Margin for the quarter that ended in Jun. 2021 is calculated as


Gross Margin % (Q: Jun. 2021 )=Gross Profit (Q: Jun. 2021 ) / Revenue (Q: Jun. 2021 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

* 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.


Esrey Resources  (TSXV:ESR.H) 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

Esrey Resources had a gross margin of N/A% for the quarter that ended in Jun. 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.


Esrey Resources Gross Margin % Related Terms

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Esrey Resources Business Description

Traded in Other Exchanges
N/A
Address
1075 West Georgia Street, Suite 1010, Vancouver, BC, CAN, V6E 3C9
Esrey Resources Ltd is a Canada based company focused on the extraction of zinc, lead and other metals from these waste materials in a hydrometallurgical process. Its hydrometallurgical pilot plant, located in Macedonia, is capable to develop hydrometallurgical processing approximately 100 tonnes of feed per annum.

Esrey Resources Headlines

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