Rubellite Energy (TSX:RBY) COGS-to-Revenue : 0.53 (As of Sep. 2024)

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What is Rubellite Energy COGS-to-Revenue?

Rubellite Energy's Cost of Goods Sold for the three months ended in Sep. 2024 was C$23.0 Mil. Its Revenue for the three months ended in Sep. 2024 was C$43.7 Mil.

Rubellite Energy's COGS to Revenue for the three months ended in Sep. 2024 was 0.53.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Rubellite Energy's Gross Margin % for the three months ended in Sep. 2024 was 47.32%.

Rubellite Energy COGS-to-Revenue Historical Data

The historical data trend for Rubellite 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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Rubellite Energy COGS-to-Revenue Chart

Rubellite Energy Annual Data

Trend

Dec21

Dec22

Dec23

COGS-to-Revenue

0.54

0.43

0.49

Rubellite Energy Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
COGS-to-Revenue	Get a 7-Day Free Trial								0.43	0.49	0.50	0.43	0.53

Rubellite Energy COGS-to-Revenue Calculation

Rubellite 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
	=	43.369	/	88.968
	=	0.49

Rubellite Energy's COGS to Revenue for the quarter that ended in Sep. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	23.011	/	43.682
	=	0.53

Rubellite Energy (TSX:RBY) COGS-to-Revenue Explanation

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

Rubellite Energy's Gross Margin % for the three months ended in Sep. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	23.011 / 43.682
	=	47.32 %

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.

Rubellite Energy COGS-to-Revenue Related Terms

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Rubellite Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Rubellite Energy Corp (TSX:RBY) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

RUBLF:USA 6L00:Germany

Address

605 5 Avenue South West, Suite 3200, Calgary, AB, CAN, T2P 3H5

Website

https://www.rubelliteenergy.com

Rubellite Energy Corp is a Canadian energy company. The company is focused on Clearwater oil exploration and development utilizing multi-lateral horizontal drilling technology. The company is also engaged in the production of conventional heavy crude oil from the Clearwater Formation in Eastern Alberta, The Clearwater is a high rate of return play with compelling economics at current forward market prices for Western Canadian Select crude oil.

Executives

Ryan Goosen	Senior Officer
Jeff Green	Senior Officer
Tamara Macdonald	Director
Susan Riddell Rose	10% Security Holder, Director, Senior Officer
Ryan Shay	Director, Senior Officer
Bruce Shultz	Director
Linda Lee Mckean	Senior Officer

Rubellite Energy Headlines

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