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Tahoe Resources (Tahoe Resources) Gross Profit : $10.0 Mil (TTM As of Sep. 2018)


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What is Tahoe Resources Gross Profit?

Tahoe Resources's gross profit for the three months ended in Sep. 2018 was $-2.0 Mil. Tahoe Resources's gross profit for the trailing twelve months (TTM) ended in Sep. 2018 was $10.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Tahoe Resources's gross profit for the three months ended in Sep. 2018 was $-2.0 Mil. Tahoe Resources's Revenue for the three months ended in Sep. 2018 was $111.8 Mil. Therefore, Tahoe Resources's Gross Margin % for the quarter that ended in Sep. 2018 was -1.79%.

Tahoe Resources had a gross margin of -1.79% for the quarter that ended in Sep. 2018 => No sustainable competitive advantage


Tahoe Resources Gross Profit Historical Data

The historical data trend for Tahoe Resources'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.

Tahoe Resources Gross Profit Chart

Tahoe Resources Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Gross Profit
Get a 7-Day Free Trial -41.67 155.23 179.70 289.78 181.56

Tahoe Resources Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 28.10 -14.86 15.33 11.57 -2.01

Competitive Comparison of Tahoe Resources's Gross Profit

For the Gold subindustry, Tahoe 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.


Tahoe Resources's Gross Profit Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Tahoe Resources's Gross Profit falls into.



Tahoe Resources Gross Profit Calculation

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

Tahoe Resources's Gross Profit for the fiscal year that ended in Dec. 2017 is calculated as

Gross Profit (A: Dec. 2017 )=Revenue - Cost of Goods Sold
=733.557 - 551.994
=181.6

Tahoe Resources's Gross Profit for the quarter that ended in Sep. 2018 is calculated as

Gross Profit (Q: Sep. 2018 )=Revenue - Cost of Goods Sold
=111.788 - 113.794
=-2.0

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $10.0 Mil.

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

Tahoe Resources's Gross Margin % for the quarter that ended in Sep. 2018 is calculated as

Gross Margin % (Q: Sep. 2018 )=Gross Profit (Q: Sep. 2018 ) / Revenue (Q: Sep. 2018 )
=(Revenue - Cost of Goods Sold) / Revenue
=-2.0 / 111.788
=-1.79 %

* 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.


Tahoe Resources  (NYSE:TAHO) 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

Tahoe Resources had a gross margin of -1.79% for the quarter that ended in Sep. 2018 => No sustainable competitive advantage


Tahoe Resources Gross Profit Related Terms

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Tahoe Resources (Tahoe Resources) Business Description

Traded in Other Exchanges
N/A
Address
Tahoe Resources Inc is a Canadian mining company focused on the production of precious metals in the Americas. The majority of the company's revenue is derived from silver, with a contribution generated from gold production. Sales of lead and zinc, produced largely as by-products, make up the remainder of Tahoe's consolidated revenue. The company operates the Timmins West and Bell Creek gold mines domestically, the Escobal silver mine in Guatemala, and the La Arena and Shahuindo gold mines in Peru.

Tahoe Resources (Tahoe Resources) Headlines

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