Belong Acquisition (Belong Acquisition) COGS-to-Revenue : 0.00 (As of Mar. 2023)

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What is Belong Acquisition COGS-to-Revenue?

Belong Acquisition's Cost of Goods Sold for the three months ended in Mar. 2023 was $0.00 Mil. Its Revenue for the three months ended in Mar. 2023 was $0.00 Mil.

Belong Acquisition's COGS to Revenue for the three months ended in Mar. 2023 was 0.00.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Belong Acquisition's Gross Margin % for the three months ended in Mar. 2023 was N/A%.

Belong Acquisition COGS-to-Revenue Historical Data

The historical data trend for Belong Acquisition's COGS-to-Revenue 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.

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Belong Acquisition COGS-to-Revenue Chart

Belong Acquisition Annual Data

Trend

Dec21

Dec22

COGS-to-Revenue

Belong Acquisition Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
COGS-to-Revenue	Get a 7-Day Free Trial				-	-	-	-	-

Belong Acquisition COGS-to-Revenue Calculation

Belong Acquisition's COGS to Revenue for the fiscal year that ended in Dec. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0	/	0
	=

Belong Acquisition's COGS to Revenue for the quarter that ended in Mar. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0	/	0
	=

Belong Acquisition (NAS:BLNGU) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Belong Acquisition's Gross Margin % for the three months ended in Mar. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0 / 0
	=	N/A %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Belong Acquisition COGS-to-Revenue Related Terms

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Belong Acquisition (Belong Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Belong Acquisition Corp (NAS:BLNGU) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

202 Washington Street, Suite 401, Brookline, MA, USA, 02445

Website

https://www.belongcapital.co

Belong Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.