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Canna (CNCC) COGS-to-Revenue : 0.00 (As of Jun. 2019)


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What is Canna COGS-to-Revenue?

Canna's Cost of Goods Sold for the three months ended in Jun. 2019 was $0.00 Mil. Its Revenue for the three months ended in Jun. 2019 was $0.00 Mil.

Canna's COGS to Revenue for the three months ended in Jun. 2019 was 0.00.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Canna's Gross Margin % for the three months ended in Jun. 2019 was N/A%.


Canna COGS-to-Revenue Historical Data

The historical data trend for Canna'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.

* Premium members only.

Canna COGS-to-Revenue Chart

Canna Annual Data
Trend Dec15 Dec16 Dec17 Dec18
COGS-to-Revenue
- - - 0.68

Canna Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
COGS-to-Revenue 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 - 0.78 0.66 43.60 -

Canna COGS-to-Revenue Calculation

Canna's COGS to Revenue for the fiscal year that ended in Dec. 2018 is calculated as

COGS to Revenue=Cost of Goods Sold / Revenue
=0.731 / 1.075
=0.68

Canna's COGS to Revenue for the quarter that ended in Jun. 2019 is calculated as

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

* 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.


Canna  (OTCPK:CNCC) COGS-to-Revenue Explanation

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

Canna's Gross Margin % for the three months ended in Jun. 2019 is calculated as:

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

* 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 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.


Canna COGS-to-Revenue Related Terms

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Canna (CNCC) Business Description

Traded in Other Exchanges
N/A
Address
20200 Dixie Highway, Suite 906, Miami, FL, USA, 33180
Canna Corp is a holding company. The company is involved in the crypto mining business. It also plans to invest in the development of proprietary crypto mining hardware and software. The company also include the operation of data centers to provide low-cost hosting services to cryptocurrency miners from around the world.