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Gross Margin % is calculated as gross profit divided by its revenue. East Resources Acquisition Co's Gross Profit for the three months ended in Mar. 2023 was $0.00 Mil. East Resources Acquisition Co's Revenue for the three months ended in Mar. 2023 was $0.00 Mil. Therefore, East Resources Acquisition Co's Gross Margin % for the quarter that ended in Mar. 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 East Resources Acquisition Co's Gross Margin % or its related term are showing as below:
East Resources Acquisition Co had a gross margin of N/A% for the quarter that ended in Mar. 2023 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for East Resources Acquisition Co was 0.00% per year.
The historical data trend for East Resources Acquisition Co'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.
East Resources Acquisition Co Annual Data | |||||||
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Gross Margin % | - | - | - |
East Resources Acquisition Co Quarterly Data | ||||||||||||
May20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | |
Gross Margin % | Get a 7-Day Free Trial |
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For the Shell Companies subindustry, East Resources Acquisition Co'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.
For the Diversified Financial Services industry and Financial Services sector, East Resources Acquisition Co's Gross Margin % distribution charts can be found below:
* The bar in red indicates where East Resources Acquisition Co's Gross Margin % falls into.
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.)
East Resources Acquisition Co's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as
Gross Margin % (A: Dec. 2022 ) | = | Gross Profit (A: Dec. 2022 ) | / | Revenue (A: Dec. 2022 ) |
= | 0 | / | 0 | |
= | (Revenue - Cost of Goods Sold) | / | Revenue | |
= | (0 - 0) | / | 0 | |
= | N/A % |
East Resources Acquisition Co's Gross Margin for the quarter that ended in Mar. 2023 is calculated as
Gross Margin % (Q: Mar. 2023 ) | = | Gross Profit (Q: Mar. 2023 ) | / | Revenue (Q: Mar. 2023 ) |
= | 0 | / | 0 | |
= | (Revenue - Cost of Goods Sold) | / | Revenue | |
= | (0 - 0) | / | 0 | |
= | 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.
East Resources Acquisition Co (NAS:ERESU) 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 Resources Acquisition Co had a gross margin of N/A% for the quarter that ended in Mar. 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.
Thank you for viewing the detailed overview of East Resources Acquisition Co's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Alberta Investment Management Corp | 10 percent owner | 1600-10250 101 STREET NW, EDMONTON A0 T5J 3P4 |
Adage Capital Partners Gp, L.l.c. | 10 percent owner | 200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116 |
Adage Capital Advisors, L.l.c. | 10 percent owner | 200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116 |
Robert Atchinson | 10 percent owner | 200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116 |
Phillip Gross | 10 percent owner | 200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116 |
Adage Capital Partners, L.p. | 10 percent owner | 200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116 |
Thomas A Lopus | director | 650 WASHINGTON ROAD, SUITE 800, PITTSBURGH PA 15228 |
Adam Samuel Gusky | officer: Chief Investment Officer | RAND CAPITAL CORPORATION, 14 LAFAYETTE SQUARE, SUITE 2200, BUFFALO NY 14203 |
William A. Fustos | director | C/O EAST RESOURCES ACQUISITION COMPANY, 7777 NW BEACON SQUARE BOULEVARD, BOCA RATON FL 33487 |
Jacob R. Long | officer: VP, Operations | C/O EAST RESOURCES ACQUISITION COMPANY, 7777 NW BEACON SQUARE BOULEVARD, BOCA RATON FL 33487 |
Benjamin N. Wingard | officer: VP, Business Development | C/O EAST RESOURCES ACQUISITION COMPANY, 7777 NW BEACON SQUARE BOULEVARD, BOCA RATON FL 33487 |
Hagerman Gary L. Jr. | director, officer: CFO and Treasurer | C/O EAST RESOURCES ACQUISITION COMPANY, 7777 NW BEACON SQUARE BOULEVARD, BOCA RATON FL 33487 |
Allen F. Sobol | director | C/O EAST RESOURCES ACQUISITION COMPANY, 7777 NW BEACON SQUARE BOULEVARD, BOCA RATON FL 33487 |
John P. Sieminski | officer: GC & Secretary | C/O EAST RESOURCES ACQUISITION COMPANY, 7777 NW BEACON SQUARE BOULEVARD, BOCA RATON FL 33487 |
East Asset Management, Llc | 10 percent owner | 777 NW BEACON SQUARE BLVD., BOCA RATON FL 33487 |
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