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East Coast Diversified (East Coast Diversified) Gross Margin % : 33.80% (As of Sep. 2015)


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What is East Coast Diversified Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. East Coast Diversified's Gross Profit for the three months ended in Sep. 2015 was $0.02 Mil. East Coast Diversified's Revenue for the three months ended in Sep. 2015 was $0.07 Mil. Therefore, East Coast Diversified's Gross Margin % for the quarter that ended in Sep. 2015 was 33.80%.


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


ECDC's Gross Margin % is not ranked *
in the Hardware industry.
Industry Median: 24.465
* Ranked among companies with meaningful Gross Margin % only.

East Coast Diversified had a gross margin of 33.80% for the quarter that ended in Sep. 2015 => Competition eroding margins

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


East Coast Diversified Gross Margin % Historical Data

The historical data trend for East Coast Diversified'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.

East Coast Diversified Gross Margin % Chart

East Coast Diversified Annual Data
Trend Apr05 Apr06 Apr07 Apr08 Apr09 Dec10 Dec11 Dec12 Dec13 Dec14
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.21 48.84 44.55 29.44 63.61

East Coast Diversified Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 84.97 54.29 55.56 69.43 33.80

Competitive Comparison of East Coast Diversified's Gross Margin %

For the Scientific & Technical Instruments subindustry, East Coast Diversified'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.


East Coast Diversified's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, East Coast Diversified's Gross Margin % distribution charts can be found below:

* The bar in red indicates where East Coast Diversified's Gross Margin % falls into.



East Coast Diversified Gross Margin % Calculation

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

East Coast Diversified'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 )
=0.3 / 0.404
=(Revenue - Cost of Goods Sold) / Revenue
=(0.404 - 0.147) / 0.404
=63.61 %

East Coast Diversified'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 / 0.071
=(Revenue - Cost of Goods Sold) / Revenue
=(0.071 - 0.047) / 0.071
=33.80 %

* 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.


East Coast Diversified  (GREY:ECDC) 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

East Coast Diversified had a gross margin of 33.80% for the quarter that ended in Sep. 2015 => Competition eroding margins


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.


East Coast Diversified Gross Margin % Related Terms

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East Coast Diversified (East Coast Diversified) Business Description

Traded in Other Exchanges
N/A
Address
East Coast Diversified Corp, through its subsidiaries, offers a portfolio of GPS devices, RFID interrogators, integrated GPS/RFID technologies and Tag designs.

East Coast Diversified (East Coast Diversified) Headlines

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