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Tamboran Resources (ASX:TBN) Gross Margin % : 0.00% (As of Sep. 2024)


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What is Tamboran Resources Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Tamboran Resources's Gross Profit for the three months ended in Sep. 2024 was A$-0.05 Mil. Tamboran Resources's Revenue for the three months ended in Sep. 2024 was A$0.00 Mil. Therefore, Tamboran Resources's Gross Margin % for the quarter that ended in Sep. 2024 was 0.00%.


The historical rank and industry rank for Tamboran Resources's Gross Margin % or its related term are showing as below:


ASX:TBN's Gross Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 27.535
* Ranked among companies with meaningful Gross Margin % only.

Tamboran Resources had a gross margin of % for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Tamboran Resources was 0.00% per year.


Tamboran Resources Gross Margin % Historical Data

The historical data trend for Tamboran Resources's Gross Margin % 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.

Tamboran Resources Gross Margin % Chart

Tamboran Resources Annual Data
Trend Jun22 Jun23 Jun24
Gross Margin %
- - -

Tamboran Resources Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Tamboran Resources's Gross Margin %

For the Oil & Gas E&P subindustry, Tamboran Resources's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tamboran Resources's Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tamboran Resources's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Tamboran Resources's Gross Margin % falls into.



Tamboran Resources Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Tamboran Resources's Gross Margin for the fiscal year that ended in Jun. 2024 is calculated as

Gross Margin % (A: Jun. 2024 )=Gross Profit (A: Jun. 2024 ) / Revenue (A: Jun. 2024 )
=-0.2 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.181) / 0
= %

Tamboran Resources's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=-0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.046) / 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Tamboran Resources  (ASX:TBN) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Tamboran Resources had a gross margin of % for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Tamboran Resources Gross Margin % Related Terms

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Tamboran Resources Business Description

Traded in Other Exchanges
Address
100 Barangaroo Avenue, Suite 01, Level 39, Tower One, International Towers Sydney, Barangaroo, NSW, AUS, 2000
Tamboran Resources Corp is a gas company focused on supporting the Net Zero CO2 energy transition in Australia and Asia-Pacific through developing low CO2 unconventional gas resources in the Australian Northern Territory.