Nevada Gold & Casinos (Nevada Gold & Casinos) Gross Margin % : 46.82% (As of Jan. 2019)

Nevada Gold & Casinos Gross Margin % Chart

Nevada Gold & Casinos Annual Data
	Trend	Apr09	Apr10	Apr11	Apr12	Apr13	Apr14	Apr15	Apr16	Apr17	Apr18
Gross Margin %		Get a 7-Day Free Trial					40.78	42.29	44.00	42.40	41.67

Nevada Gold & Casinos Quarterly Data
	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19
Gross Margin %	Get a 7-Day Free Trial															42.03	42.12	43.31	47.97	46.82

Competitive Comparison of Nevada Gold & Casinos's Gross Margin %

For the Resorts & Casinos subindustry, Nevada Gold & Casinos'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.

Nevada Gold & Casinos's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Nevada Gold & Casinos's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Nevada Gold & Casinos's Gross Margin % falls into.

Nevada Gold & Casinos Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Nevada Gold & Casinos's Gross Margin for the fiscal year that ended in Apr. 2018 is calculated as

Nevada Gold & Casinos's Gross Margin for the quarter that ended in Jan. 2019 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.

Nevada Gold & Casinos  (AMEX:UWN) 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

Nevada Gold & Casinos had a gross margin of 46.82% for the quarter that ended in Jan. 2019 => Durable 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.

Nevada Gold & Casinos Gross Margin % Related Terms

Thank you for viewing the detailed overview of Nevada Gold & Casinos's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Nevada Gold & Casinos (Nevada Gold & Casinos) Business Description