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CGECF (Cogeco) Gross Margin % : 0.00% (As of Aug. 2024)


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What is Cogeco Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cogeco's Gross Profit for the three months ended in Aug. 2024 was $563 Mil. Cogeco's Revenue for the three months ended in Aug. 2024 was $563 Mil. Therefore, Cogeco's Gross Margin % for the quarter that ended in Aug. 2024 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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


CGECF's Gross Margin % is not ranked *
in the Telecommunication Services industry.
Industry Median: 49.45
* Ranked among companies with meaningful Gross Margin % only.

Cogeco had a gross margin of N/A% for the quarter that ended in Aug. 2024 => No sustainable competitive advantage

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


Cogeco Gross Margin % Historical Data

The historical data trend for Cogeco'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.

Cogeco Gross Margin % Chart

Cogeco Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Gross Margin %
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Cogeco Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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Competitive Comparison of Cogeco's Gross Margin %

For the Telecom Services subindustry, Cogeco'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.


Cogeco's Gross Margin % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cogeco's Gross Margin % distribution charts can be found below:

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



Cogeco Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Cogeco's Gross Margin for the fiscal year that ended in Aug. 2024 is calculated as

Gross Margin % (A: Aug. 2024 )=Gross Profit (A: Aug. 2024 ) / Revenue (A: Aug. 2024 )
=2251.2 / 2251.179
=(Revenue - Cost of Goods Sold) / Revenue
=(2251.179 - 0) / 2251.179
=N/A %

Cogeco's Gross Margin for the quarter that ended in Aug. 2024 is calculated as


Gross Margin % (Q: Aug. 2024 )=Gross Profit (Q: Aug. 2024 ) / Revenue (Q: Aug. 2024 )
=562.9 / 562.912
=(Revenue - Cost of Goods Sold) / Revenue
=(562.912 - 0) / 562.912
=N/A %

* 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.


Cogeco  (OTCPK:CGECF) 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

Cogeco had a gross margin of N/A% for the quarter that ended in Aug. 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.


Cogeco Gross Margin % Related Terms

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Cogeco Business Description

Traded in Other Exchanges
Address
1 Place Ville Marie, Bureau 3301, Montreal, QC, CAN, H3B 3N2
Cogeco Inc is a telecommunications company. The company has operating segments, namely Canadian telecommunications and American telecommunications and Others. The Canadian and American telecommunications segments provide a wide range of Internet, video, and telephony services to residential customers, as well as business services across their coverage areas. The Canadian telecommunications segment activities are carried out by Cogeco Connexion in the provinces of Quebec and Ontario and the American telecommunications segment activities are carried out by Atlantic Broadband in 12 states. It derives maximum revenue from Canadian telecommunications segment.