Grayscale Bitcoin Cash TR BCH (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 %?

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: 51.39
* 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 Gross Margin % Historical Data

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.

* Premium members only.

Grayscale Bitcoin Cash TR BCH Gross Margin % Chart

Grayscale Bitcoin Cash TR BCH Annual Data

Trend

Jun18

Jun19

Jun20

Gross Margin %

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

Competitive Comparison of Grayscale Bitcoin Cash TR BCH's Gross Margin %

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's Gross Margin % Distribution in the 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 %

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.

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

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Grayscale Bitcoin Cash TR BCH (Grayscale Bitcoin Cash TR BCH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Grayscale Bitcoin Cash TR BCH (OTCPK:BCHG) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

250 Park Avenue South, New York, NY, USA, 10003

Website

https://www.grayscale.co

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.