CTBG (Coil Tubing Technology) Gross Margin %: -16.67% (As of Sep. 2015)

What is Coil Tubing Technology Gross Margin %?

Coil Tubing Technology CTBG Gross Margin % is -16.67% as of Sep. 2015.

Gross Margin % is calculated as gross profit divided by its revenue. Coil Tubing Technology's Gross Profit for the three months ended in Sep. 2015 was $-0.08 Mil. Coil Tubing Technology's Revenue for the three months ended in Sep. 2015 was $0.45 Mil. Therefore, Coil Tubing Technology's Gross Margin % for the quarter that ended in Sep. 2015 was -16.67%.

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

CTBG's Gross Margin % is not ranked ^*
in the Oil & Gas industry.
Industry Median: 25.535
* Ranked among companies with meaningful Gross Margin % only.

Coil Tubing Technology had a gross margin of -16.67% for the quarter that ended in Sep. 2015 => No sustainable competitive advantage

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

Coil Tubing Technology (OTCPK:CTBG) 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

Coil Tubing Technology had a gross margin of -16.67% for the quarter that ended in Sep. 2015 => 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.

Coil Tubing Technology Gross Margin % Related Terms

Coil Tubing Technology Gross Margin % Historical Data

* Premium members only.

The historical data trend for Coil Tubing Technology'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.

Coil Tubing Technology Gross Margin % Chart

Coil Tubing Technology Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Gross Margin %

59.83

55.96

46.67

48.50

Coil Tubing Technology Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Gross Margin %	Get a 7-Day Free Trial											54.54	48.86	34.97	28.17	-16.67

CTBG vs ESES, BMMCF, FLSS: Gross Margin % Comparison

For the Oil & Gas Equipment & Services subindustry, Coil Tubing Technology'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.

Coil Tubing Technology Gross Margin % vs Oil & Gas Industry

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

* The bar in red indicates where Coil Tubing Technology's Gross Margin % falls into.

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Coil Tubing Technology Gross Margin % Calculation

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

Coil Tubing Technology's Gross Margin for the fiscal year that ended in Dec. 2014 is calculated as

Gross Margin % (A: Dec. 2014 )	=	Gross Profit (A: Dec. 2014 )	/	Revenue (A: Dec. 2014 )
	=	3.3	/	6.866
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(6.866 - 3.536)	/	6.866
	=	48.50 %

Coil Tubing Technology's Gross Margin for the quarter that ended in Sep. 2015 is calculated as

Gross Margin % (Q: Sep. 2015 )	=	Gross Profit (Q: Sep. 2015 )	/	Revenue (Q: Sep. 2015 )
	=	-0.1	/	0.45
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.45 - 0.525)	/	0.45
	=	-16.67 %

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 -16.67% mean?

Coil Tubing Technology (CTBG) has a Gross Margin % of -16.67% as of Sep. 2015. Gross margin is the ratio of total gross profit to net sales. View historical data on Coil Tubing Technology and its competitors.

Is Coil Tubing Technology's Gross Margin % too high?

Coil Tubing Technology's current Gross Margin % is -16.67%.

How does Coil Tubing Technology's Gross Margin % compare to ESES and BMMCF?

Coil Tubing Technology's Gross Margin % of -16.67% can be compared against companies in the Oil & Gas industry. The industry median Gross Margin % is 25.54. 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 Oil & Gas company?

The median Gross Margin % among Oil & Gas companies is 25.54, based on 872 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. 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 Coil Tubing Technology and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coil Tubing Technology's current Gross Margin % is -16.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Coil Tubing Technology stock overvalued right now?

Coil Tubing Technology (CTBG) has a current Gross Margin % of -16.67%. The current Gross Margin % is -16.67%. 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 Coil Tubing Technology (CTBG), the current Gross Margin % is -16.67% as of Sep. 2015. 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.

Coil Tubing Technology Business Description

Industry Energy Oil & Gas

Comparable Companies TSXV:NWE ESES BMMCF TSXV:HYD FLSS BOM:526614 BSE:COMI TSXV:DAL TSX:BRY TSX:HE SGX:42D BOM:531471 BSE:UZT PKDSQ GLFH ALYE BSP:OSXB3 SGX:5OQ TSXV:ZDC SGX:5OR

Address 11237 Crown Park Drive, Suite D, Houston, TX, USA, 77067

Website https://www.coiltubingtechnology.com

Coil Tubing Technology Inc is a United States based company. The firm provides coil tubing products and service solutions to oil and gas clients. It is engaged in the development and marketing of specialty tools and related technical solutions used with coil tubing and jointed pipe in the bottomhole assembly for the exploration and production of hydrocarbons. Its products portfolio includes jet hammer tool, jet nozzle, oscillator, rotating tool, amplidyne, and ampli-max.