BCHG (Grayscale Bitcoin Cash TR BCH) Gross Margin %: 98.06% (As of Mar. 2021)

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What is Grayscale Bitcoin Cash TR BCH Gross Margin %?

Grayscale Bitcoin Cash TR BCH BCHG +0.52% Gross Margin % is 98.06% as of Mar. 2021.

Gross Margin % is calculated as gross profit divided by its revenue. Grayscale Bitcoin Cash TR BCH's Gross Profit for the three months ended in Mar. 2021 was $43.35 Mil. Grayscale Bitcoin Cash TR BCH's Revenue for the three months ended in Mar. 2021 was $44.21 Mil. Therefore, Grayscale Bitcoin Cash TR BCH's Gross Margin % for the quarter that ended in Mar. 2021 was 98.06%.


The historical rank and industry rank for Grayscale Bitcoin Cash TR BCH's Gross Margin % or its related term are showing as below:


BCHG's Gross Margin % is not ranked *
in the Asset Management industry.
Industry Median: 56.735
* Ranked among companies with meaningful Gross Margin % only.

Grayscale Bitcoin Cash TR BCH had a gross margin of 98.06% for the quarter that ended in Mar. 2021 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Grayscale Bitcoin Cash TR BCH was 0.00% per year.


Grayscale Bitcoin Cash TR BCH  (OTCPK:BCHG) 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

Grayscale Bitcoin Cash TR BCH had a gross margin of 98.06% for the quarter that ended in Mar. 2021 => Durable 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.


Grayscale Bitcoin Cash TR BCH Gross Margin % Related Terms


Grayscale Bitcoin Cash TR BCH Gross Margin % Historical Data

* Premium members only.

The historical data trend for Grayscale Bitcoin Cash TR BCH'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.

Grayscale Bitcoin Cash TR BCH Gross Margin % Chart

Grayscale Bitcoin Cash TR BCH Annual Data
Trend Jun18 Jun19 Jun20
Gross Margin %
0.00 102.82 103.44

Grayscale Bitcoin Cash TR BCH Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Gross Margin % Get a 7-Day Free Trial 88.01 109.30 102.18 98.62 98.06

BCHG vs : Gross Margin % Comparison

For the Asset Management subindustry, Grayscale Bitcoin Cash TR BCH'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.


Grayscale Bitcoin Cash TR BCH Gross Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Grayscale Bitcoin Cash TR BCH's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Grayscale Bitcoin Cash TR BCH's Gross Margin % falls into.



Grayscale Bitcoin Cash TR BCH Gross Margin % Calculation

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

Grayscale Bitcoin Cash TR BCH's Gross Margin for the fiscal year that ended in Jun. 2020 is calculated as

Gross Margin % (A: Jun. 2020 )=Gross Profit (A: Jun. 2020 ) / Revenue (A: Jun. 2020 )
=-3.6 / -3.455
=(Revenue - Cost of Goods Sold) / Revenue
=(-3.455 - 0.119) / -3.455
=103.44 %

Grayscale Bitcoin Cash TR BCH's Gross Margin for the quarter that ended in Mar. 2021 is calculated as


Gross Margin % (Q: Mar. 2021 )=Gross Profit (Q: Mar. 2021 ) / Revenue (Q: Mar. 2021 )
=43.4 / 44.21
=(Revenue - Cost of Goods Sold) / Revenue
=(44.21 - 0.859) / 44.21
=98.06 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 98.06% mean?
Grayscale Bitcoin Cash TR BCH (BCHG) has a Gross Margin % of 98.06% as of Mar. 2021. Gross margin is the ratio of total gross profit to net sales. View historical data on Grayscale Bitcoin Cash TR BCH and its competitors.
Is Grayscale Bitcoin Cash TR BCH's Gross Margin % too high?
Grayscale Bitcoin Cash TR BCH's current Gross Margin % is 98.06%. The Asset Management industry median Gross Margin % is 56.74. Grayscale Bitcoin Cash TR BCH's value of 98.06% is 72.8% above this industry median.
How does Grayscale Bitcoin Cash TR BCH's Gross Margin % compare to ?
Grayscale Bitcoin Cash TR BCH's Gross Margin % of 98.06% can be compared against companies in the Asset Management industry. The industry median Gross Margin % is 56.74. Grayscale Bitcoin Cash TR BCH's value of 98.06% is 72.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Asset Management company?
The median Gross Margin % among Asset Management companies is 56.74, based on 552 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Grayscale Bitcoin Cash TR BCH's current Gross Margin % of 98.06% is 72.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Grayscale Bitcoin Cash TR BCH and its competitors. For the Asset Management industry, the median Gross Margin % is 56.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grayscale Bitcoin Cash TR BCH's current Gross Margin % is 98.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grayscale Bitcoin Cash TR BCH stock overvalued right now?
Grayscale Bitcoin Cash TR BCH (BCHG) has a current Gross Margin % of 98.06%. The current Gross Margin % is 98.06% and 72.8% above the Asset Management industry median of 56.74. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Grayscale Bitcoin Cash TR BCH (BCHG), the current Gross Margin % is 98.06% as of Mar. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Grayscale Bitcoin Cash TR BCH Business Description

Comparable Companies
Address 250 Park Avenue South, New York, NY, USA, 10003
Grayscale Bitcoin Cash TR BCH provides platform for digital currency investing. It provides investment products like single-asset, diversified, large cap funds, and others. The company operates as a digital currency asset manager.