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Tertiary Minerals (Tertiary Minerals) Gross Margin % : 0.00% (As of Sep. 2023)


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What is Tertiary Minerals Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Tertiary Minerals's Gross Profit for the six months ended in Sep. 2023 was $0.13 Mil. Tertiary Minerals's Revenue for the six months ended in Sep. 2023 was $0.13 Mil. Therefore, Tertiary Minerals's Gross Margin % for the quarter that ended in Sep. 2023 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 Tertiary Minerals's Gross Margin % or its related term are showing as below:


TTIRF's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 19.27
* Ranked among companies with meaningful Gross Margin % only.

Tertiary Minerals had a gross margin of N/A% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

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


Tertiary Minerals Gross Margin % Historical Data

The historical data trend for Tertiary Minerals'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.

Tertiary Minerals Gross Margin % Chart

Tertiary Minerals Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Margin %
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Tertiary Minerals Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of Tertiary Minerals's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Tertiary Minerals'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.


Tertiary Minerals's Gross Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Tertiary Minerals's Gross Margin % falls into.



Tertiary Minerals 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.)

Tertiary Minerals's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

Gross Margin % (A: Sep. 2023 )=Gross Profit (A: Sep. 2023 ) / Revenue (A: Sep. 2023 )
=0.2 / 0.224
=(Revenue - Cost of Goods Sold) / Revenue
=(0.224 - 0) / 0.224
=N/A %

Tertiary Minerals's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=0.1 / 0.13
=(Revenue - Cost of Goods Sold) / Revenue
=(0.13 - 0) / 0.13
=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.


Tertiary Minerals  (OTCPK:TTIRF) 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

Tertiary Minerals had a gross margin of N/A% for the quarter that ended in Sep. 2023 => 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.


Tertiary Minerals Gross Margin % Related Terms

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Tertiary Minerals (Tertiary Minerals) Business Description

Traded in Other Exchanges
Address
Queens Avenue, Silk Point, Macclesfield, Cheshire, GBR, SK10 2BB
Tertiary Minerals PLC is involved in the identification, acquisition, exploration and development of mineral deposits including precious metals, base metals, and industrial minerals in Nevada, the USA, and Northern Europe. The company has one reporting segment, the management of exploration projects, which is supported by a Head Office function. Its projects include Konkola West Copper Project, Mukai Copper Project, Mushima North Copper Project, Jacks Copper Project, Lubuila Project, Mupala Project, Brunton Pass Copper-Gold Project, Storuman Fluorspar Project, Lassedalen Fluorspar Project.

Tertiary Minerals (Tertiary Minerals) Headlines

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