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ECA Marcellus Trust I (ECA Marcellus Trust I) Gross Margin % : 0.00% (As of Dec. 2023)


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What is ECA Marcellus Trust I Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. ECA Marcellus Trust I's Gross Profit for the three months ended in Dec. 2023 was $0.69 Mil. ECA Marcellus Trust I's Revenue for the three months ended in Dec. 2023 was $0.69 Mil. Therefore, ECA Marcellus Trust I's Gross Margin % for the quarter that ended in Dec. 2023 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 ECA Marcellus Trust I's Gross Margin % or its related term are showing as below:


ECTM's Gross Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 27.905
* Ranked among companies with meaningful Gross Margin % only.

ECA Marcellus Trust I had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for ECA Marcellus Trust I was 0.00% per year.


ECA Marcellus Trust I Gross Margin % Historical Data

The historical data trend for ECA Marcellus Trust I'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.

ECA Marcellus Trust I Gross Margin % Chart

ECA Marcellus Trust I Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
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ECA Marcellus Trust I Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of ECA Marcellus Trust I's Gross Margin %

For the Oil & Gas Integrated subindustry, ECA Marcellus Trust I'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.


ECA Marcellus Trust I's Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ECA Marcellus Trust I's Gross Margin % distribution charts can be found below:

* The bar in red indicates where ECA Marcellus Trust I's Gross Margin % falls into.



ECA Marcellus Trust I 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.)

ECA Marcellus Trust I's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=2.9 / 2.885
=(Revenue - Cost of Goods Sold) / Revenue
=(2.885 - 0) / 2.885
=N/A %

ECA Marcellus Trust I's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0.7 / 0.687
=(Revenue - Cost of Goods Sold) / Revenue
=(0.687 - 0) / 0.687
=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.


ECA Marcellus Trust I  (OTCPK:ECTM) 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

ECA Marcellus Trust I had a gross margin of N/A% for the quarter that ended in Dec. 2023 => 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.


ECA Marcellus Trust I Gross Margin % Related Terms

Thank you for viewing the detailed overview of ECA Marcellus Trust I's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


ECA Marcellus Trust I (ECA Marcellus Trust I) Business Description

Traded in Other Exchanges
N/A
Address
601 Travis Street, 16th Floor, Houston, TX, USA, 77002
ECA Marcellus Trust I is a statutory trust which owns royalty interests in natural gas properties. The underlying properties of the company include working interests owned by Energy Corporation of America and the Private Investors in the Marcellus Shale formation in Greene County, Pennsylvania arising under leases and farm-out agreements related to properties.
Executives
Energy Corp Of America 10 percent owner 4643 SOUTH ULSTER STREET, SUITE 1100, DENVER CO 80237

ECA Marcellus Trust I (ECA Marcellus Trust I) Headlines

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