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Franklin Mining (Franklin Mining) Gross Profit : $-0.02 Mil (TTM As of Sep. 2002)


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What is Franklin Mining Gross Profit?

Franklin Mining's gross profit for the three months ended in Sep. 2002 was $0.00 Mil. Franklin Mining's gross profit for the trailing twelve months (TTM) ended in Sep. 2002 was $-0.02 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Franklin Mining's gross profit for the three months ended in Sep. 2002 was $0.00 Mil. Franklin Mining's Revenue for the three months ended in Sep. 2002 was $0.00 Mil. Therefore, Franklin Mining's Gross Margin % for the quarter that ended in Sep. 2002 was N/A%.

Franklin Mining had a gross margin of N/A% for the quarter that ended in Sep. 2002 => No sustainable competitive advantage


Franklin Mining Gross Profit Historical Data

The historical data trend for Franklin Mining's Gross Profit 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.

Franklin Mining Gross Profit Chart

Franklin Mining Annual Data
Trend Dec92 Dec93 Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.20 -0.10 -0.04 1.72 -0.01

Franklin Mining Quarterly Data
Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02
Gross Profit 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.01 - -0.01 -0.01 -

Competitive Comparison of Franklin Mining's Gross Profit

For the Other Precious Metals & Mining subindustry, Franklin Mining's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Franklin Mining's Gross Profit Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Franklin Mining's Gross Profit distribution charts can be found below:

* The bar in red indicates where Franklin Mining's Gross Profit falls into.



Franklin Mining Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Franklin Mining's Gross Profit for the fiscal year that ended in Dec. 2001 is calculated as

Gross Profit (A: Dec. 2001 )=Revenue - Cost of Goods Sold
=0 - 0.01
=-0.01

Franklin Mining's Gross Profit for the quarter that ended in Sep. 2002 is calculated as

Gross Profit (Q: Sep. 2002 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2002 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Franklin Mining's Gross Margin % for the quarter that ended in Sep. 2002 is calculated as

Gross Margin % (Q: Sep. 2002 )=Gross Profit (Q: Sep. 2002 ) / Revenue (Q: Sep. 2002 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.00 / 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.


Franklin Mining  (OTCPK:FMNJ) Gross Profit 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

Franklin Mining had a gross margin of N/A% for the quarter that ended in Sep. 2002 => No sustainable competitive advantage


Franklin Mining Gross Profit Related Terms

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Franklin Mining (Franklin Mining) Business Description

Traded in Other Exchanges
N/A
Address
215 west Bandera Road, Suite 114-459, Boerne, TX, USA, 78006
Franklin Mining Inc is engaged in the exploration, development, and mining of precious and non-ferrous metals, including gold, silver, lead, copper, and zinc. Its principal mining properties are Franklin Mines, located near Idaho Springs in clear creek country, Colorado, and the Franklin Mill, located on the site of Franklin Mines.

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