Polaris Renewable Energy (Polaris Renewable Energy) COGS-to-Revenue : 0.50 (As of Mar. 2024)

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What is Polaris Renewable Energy COGS-to-Revenue?

Polaris Renewable Energy's Cost of Goods Sold for the three months ended in Mar. 2024 was $10.41 Mil. Its Revenue for the three months ended in Mar. 2024 was $20.63 Mil.

Polaris Renewable Energy's COGS to Revenue for the three months ended in Mar. 2024 was 0.50.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Polaris Renewable Energy's Gross Margin % for the three months ended in Mar. 2024 was 49.55%.

Polaris Renewable Energy COGS-to-Revenue Historical Data

The historical data trend for Polaris Renewable Energy'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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Polaris Renewable Energy COGS-to-Revenue Chart

Polaris Renewable Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.44

0.48

0.62

0.60

0.54

Polaris Renewable Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.51	0.51	0.57	0.59	0.50

Polaris Renewable Energy COGS-to-Revenue Calculation

Polaris Renewable Energy's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	42.605	/	78.522
	=	0.54

Polaris Renewable Energy's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	10.409	/	20.632
	=	0.50

Polaris Renewable Energy (OTCPK:RAMPF) COGS-to-Revenue Explanation

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

Polaris Renewable Energy's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	10.409 / 20.632
	=	49.55 %

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.

Polaris Renewable Energy COGS-to-Revenue Related Terms

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Polaris Renewable Energy (Polaris Renewable Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Polaris Renewable Energy Inc (OTCPK:RAMPF) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

N4T:Germany PIF:Canada

Address

7 St. Thomas Street, Suite 606, Toronto, ON, CAN, M5S 2B7

Website

https://www.polarisrei.com

Polaris Renewable Energy Inc is engaged in the acquisition, exploration, development and operation of renewable energy projects in the Americas. The Company operates in five reportable operating segments: 1) Nicaragua which includes the acquisition, exploration, development and operation of a geothermal project; 2) Peru which includes the acquisition, exploration, development and operation of hydroelectric projects; 3) Panama which includes acquisition, development and operation of solar projects; 4) Dominican Republic which includes acquisition, development and operation of solar projects; 5) Ecuador which includes acquisition, exploration, development and operation of hydroelectric projects.