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Teako Minerals (XCNQ:TMIN) Gross Margin % : 0.00% (As of Jan. 2024)


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What is Teako Minerals Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Teako Minerals's Gross Profit for the three months ended in Jan. 2024 was C$0.00 Mil. Teako Minerals's Revenue for the three months ended in Jan. 2024 was C$0.00 Mil. Therefore, Teako Minerals's Gross Margin % for the quarter that ended in Jan. 2024 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 Teako Minerals's Gross Margin % or its related term are showing as below:


XCNQ:TMIN's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 19.29
* Ranked among companies with meaningful Gross Margin % only.

Teako Minerals had a gross margin of N/A% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage

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


Teako Minerals Gross Margin % Historical Data

The historical data trend for Teako 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.

Teako Minerals Gross Margin % Chart

Teako Minerals Annual Data
Trend Jan21 Jan22 Jan23 Jan24
Gross Margin %
- - - -

Teako Minerals Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - - - -

Competitive Comparison of Teako Minerals's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Teako 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.


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

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

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



Teako 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.)

Teako Minerals's Gross Margin for the fiscal year that ended in Jan. 2024 is calculated as

Gross Margin % (A: Jan. 2024 )=Gross Profit (A: Jan. 2024 ) / Revenue (A: Jan. 2024 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Teako Minerals's Gross Margin for the quarter that ended in Jan. 2024 is calculated as


Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=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.


Teako Minerals  (XCNQ:TMIN) 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

Teako Minerals had a gross margin of N/A% for the quarter that ended in Jan. 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.


Teako Minerals Gross Margin % Related Terms

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Teako Minerals (XCNQ:TMIN) Business Description

Traded in Other Exchanges
N/A
Address
1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Teako Minerals Corp is engaged in the acquisition, exploration, and evaluation of mineral property interests located in Canada. It is in the process of exploring its mineral property interest in British Columbia and has not yet determined whether it contains mineral reserves that are economically recoverable. The company's mineral property interest consists of the Pinnacle project under option located in British Columbia, Canada.
Executives
Fruchtexpress Grabher Gmbh & Co Kg 10% Security Holder
Owen Garfield Director

Teako Minerals (XCNQ:TMIN) Headlines

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