Northern Star Resources's gross profit for the
six
months ended in Dec. 2023 was $384 Mil. Northern Star Resources's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $1,081 Mil.
* 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.
Competitive Comparison of Northern Star Resources's Gross Profit
For the Gold subindustry, Northern Star Resources'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.
Northern Star Resources's Gross Profit Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Northern Star Resources's Gross Profit distribution charts can be found below:
* The bar in red indicates where Northern Star Resources's Gross Profit falls into.
Northern Star Resources Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Northern Star Resources's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $1,081 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Northern Star Resources (OTCPK:NESRF) 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
Northern Star Resources had a gross margin of 25.53% for the quarter that ended in Dec. 2023 => Competition eroding margins
Northern Star Resources Gross Profit Related Terms
Thank you for viewing the detailed overview of Northern Star Resources's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Northern Star Resources (Northern Star Resources) Business Description
Northern Star is an Australia-based midtier global gold miner that sold around 1.6 million ounces of gold in fiscal 2023 from its three wholly owned mining operations in Australia and Alaska. Its current operations are the result of significant merger and acquisition activity including 13 acquisitions and four asset sales since 2010. Northern Star had roughly a decade of reserves at the end of fiscal 2023.
Northern Star Resources (Northern Star Resources) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NESRF has been successfully added to your 