Hermitage Offshore Services (FRA:N5OA) Gross Profit : €-3.15 Mil (TTM As of Mar. 2020)

Hermitage Offshore Services Gross Profit Chart

Hermitage Offshore Services Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20
Gross Profit	Get a 7-Day Free Trial															-3.33	0.52	-1.26	-	-2.41

Competitive Comparison of Hermitage Offshore Services's Gross Profit

For the Marine Shipping subindustry, Hermitage Offshore Services'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.

Hermitage Offshore Services's Gross Profit Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hermitage Offshore Services's Gross Profit distribution charts can be found below:

* The bar in red indicates where Hermitage Offshore Services's Gross Profit falls into.

Hermitage Offshore Services Gross Profit Calculation

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

Hermitage Offshore Services's Gross Profit for the fiscal year that ended in Dec. 2019 is calculated as

Hermitage Offshore Services's Gross Profit for the quarter that ended in Mar. 2020 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was €-3.15 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Hermitage Offshore Services's Gross Margin % for the quarter that ended in Mar. 2020 is calculated as

* 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.

Hermitage Offshore Services  (FRA:N5OA) 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

Hermitage Offshore Services had a gross margin of -24.51% for the quarter that ended in Mar. 2020 => No sustainable competitive advantage

Hermitage Offshore Services Gross Profit Related Terms

Thank you for viewing the detailed overview of Hermitage Offshore Services's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.

Hermitage Offshore Services (FRA:N5OA) Business Description