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Arras Minerals (FRA:9RJ) Gross Margin % : 0.00% (As of Jul. 2024)


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What is Arras Minerals Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Arras Minerals's Gross Profit for the three months ended in Jul. 2024 was €-0.02 Mil. Arras Minerals's Revenue for the three months ended in Jul. 2024 was €0.00 Mil. Therefore, Arras Minerals's Gross Margin % for the quarter that ended in Jul. 2024 was 0.00%.


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


FRA:9RJ's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 20.33
* Ranked among companies with meaningful Gross Margin % only.

Arras Minerals had a gross margin of % for the quarter that ended in Jul. 2024 => No sustainable competitive advantage

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


Arras Minerals Gross Margin % Historical Data

The historical data trend for Arras Minerals'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.

Arras Minerals Gross Margin % Chart

Arras Minerals Annual Data
Trend Oct21 Oct22 Oct23
Gross Margin %
- - -

Arras Minerals Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 - - - - -

Competitive Comparison of Arras Minerals's Gross Margin %

For the Other Precious Metals & Mining subindustry, Arras Minerals'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.


Arras Minerals's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Arras Minerals's Gross Margin % distribution charts can be found below:

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



Arras Minerals Gross Margin % Calculation

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

Arras Minerals's Gross Margin for the fiscal year that ended in Oct. 2023 is calculated as

Gross Margin % (A: Oct. 2023 )=Gross Profit (A: Oct. 2023 ) / Revenue (A: Oct. 2023 )
=-0.1 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.078) / 0
= %

Arras Minerals's Gross Margin for the quarter that ended in Jul. 2024 is calculated as


Gross Margin % (Q: Jul. 2024 )=Gross Profit (Q: Jul. 2024 ) / Revenue (Q: Jul. 2024 )
=-0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.019) / 0
= %

* 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.


Arras Minerals  (FRA:9RJ) 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

Arras Minerals had a gross margin of % for the quarter that ended in Jul. 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.


Arras Minerals Gross Margin % Related Terms

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Arras Minerals Business Description

Traded in Other Exchanges
Address
777 Dunsmuir Street, Suite 1605, PO Box 10414, Vancouver, BC, CAN, V7Y 1K4
Arras Minerals Corp is engaged in the acquisition, exploration, and development of mineral property interests. The company's assets consist of the option to acquire a 100% interest in the Beskauga property (Beskauga) in Kazakhstan. It engages in advancing a portfolio of copper and gold assets in northeastern Kazakhstan, including the Option Agreement on the Beskauga copper and gold project.

Arras Minerals Headlines

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