LNG Energy Group (TSXV:LNGE) COGS-to-Revenue : 0.60 (As of Sep. 2024)

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What is LNG Energy Group COGS-to-Revenue?

LNG Energy Group's Cost of Goods Sold for the three months ended in Sep. 2024 was C$8.24 Mil. Its Revenue for the three months ended in Sep. 2024 was C$13.75 Mil.

LNG Energy Group's COGS to Revenue for the three months ended in Sep. 2024 was 0.60.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. LNG Energy Group's Gross Margin % for the three months ended in Sep. 2024 was 40.04%.

LNG Energy Group COGS-to-Revenue Historical Data

The historical data trend for LNG Energy Group'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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LNG Energy Group COGS-to-Revenue Chart

LNG Energy Group Annual Data

Trend

May22

May23

COGS-to-Revenue

LNG Energy Group Quarterly Data
	May22	Aug22	Dec22	Mar23	Jul23	Dec23	Mar24	Sep24
COGS-to-Revenue	Get a 7-Day Free Trial			-	-	0.69	0.57	0.60

LNG Energy Group COGS-to-Revenue Calculation

LNG Energy Group's COGS to Revenue for the fiscal year that ended in May. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.001	/	0
	=

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

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	8.244	/	13.749
	=	0.60

LNG Energy Group (TSXV:LNGE) COGS-to-Revenue Explanation

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

LNG Energy Group'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	-	8.244 / 13.749
	=	40.04 %

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.

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LNG Energy Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » LNG Energy Group Corp (TSXV:LNGE) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

E26:Germany

Address

40 Temperance Street, Suite 3200, Bay Adelaide Centre - North Tower, Toronto, ON, CAN, M5H 0B4

Website

https://www.lngenergygroup.com

LNG Energy Group Corp is a production, exploration and development company focused on natural gas projects in South America. LNG Energy has entered into a binding agreement with respect to the purchase of 100% of LEC and will own and operate the SSJN-1 Block, the SSJN-3-1 Block, the Perdices Block, the VIM-41 Block, and the VIM-42 Block. The company's business objective is to build a diversified energy company in South America and is currently focused on Colombia.

Executives

Michael Galego	Director, Senior Officer
Pablo Navarro	Director, Senior Officer

LNG Energy Group Headlines

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