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Cobalt International Energy (FRA:C1O1) Gross Margin % : 0.00% (As of Dec. 2017)


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What is Cobalt International Energy Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Cobalt International Energy's Gross Profit for the three months ended in Dec. 2017 was €13.39 Mil. Cobalt International Energy's Revenue for the three months ended in Dec. 2017 was €13.39 Mil. Therefore, Cobalt International Energy's Gross Margin % for the quarter that ended in Dec. 2017 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 Cobalt International Energy's Gross Margin % or its related term are showing as below:


FRA:C1O1's Gross Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 27.905
* Ranked among companies with meaningful Gross Margin % only.

Cobalt International Energy had a gross margin of N/A% for the quarter that ended in Dec. 2017 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Cobalt International Energy was 0.00% per year.


Cobalt International Energy Gross Margin % Historical Data

The historical data trend for Cobalt International Energy'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.

Cobalt International Energy Gross Margin % Chart

Cobalt International Energy Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Gross Margin %
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Cobalt International Energy Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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Competitive Comparison of Cobalt International Energy's Gross Margin %

For the Oil & Gas E&P subindustry, Cobalt International Energy'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.


Cobalt International Energy's Gross Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Cobalt International Energy's Gross Margin % falls into.



Cobalt International Energy 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.)

Cobalt International Energy's Gross Margin for the fiscal year that ended in Dec. 2017 is calculated as

Gross Margin % (A: Dec. 2017 )=Gross Profit (A: Dec. 2017 ) / Revenue (A: Dec. 2017 )
=45.5 / 45.538
=(Revenue - Cost of Goods Sold) / Revenue
=(45.538 - 0) / 45.538
=N/A %

Cobalt International Energy's Gross Margin for the quarter that ended in Dec. 2017 is calculated as


Gross Margin % (Q: Dec. 2017 )=Gross Profit (Q: Dec. 2017 ) / Revenue (Q: Dec. 2017 )
=13.4 / 13.392
=(Revenue - Cost of Goods Sold) / Revenue
=(13.392 - 0) / 13.392
=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.


Cobalt International Energy  (FRA:C1O1) 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

Cobalt International Energy had a gross margin of N/A% for the quarter that ended in Dec. 2017 => 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.


Cobalt International Energy Gross Margin % Related Terms

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Cobalt International Energy (FRA:C1O1) Business Description

Traded in Other Exchanges
N/A
Address
Cobalt International Energy Inc is an independent exploration and production company with operations in the Gulf regions of the United States. The company's process for maturing an exploration prospect from identification to drill-ready status requires the analysis of a multitude of geological data to locate the highest potential areas. In addition, Cobalt performs substantial drilling-related engineering work to further assist its well maturation process. If the company decides to develop or produce from a recent discovery, the asset is then beset with additional evaluations and analysis during the development life cycle.

Cobalt International Energy (FRA:C1O1) Headlines

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