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Tuscany International Drilling, (FRA:TS1) Gross Margin % : 26.42% (As of Mar. 2014)


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What is Tuscany International Drilling, Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Tuscany International Drilling,'s Gross Profit for the three months ended in Mar. 2014 was €6.5 Mil. Tuscany International Drilling,'s Revenue for the three months ended in Mar. 2014 was €24.8 Mil. Therefore, Tuscany International Drilling,'s Gross Margin % for the quarter that ended in Mar. 2014 was 26.42%.


The historical rank and industry rank for Tuscany International Drilling,'s Gross Margin % or its related term are showing as below:

FRA:TS1' s Gross Margin % Range Over the Past 10 Years
Min: 22.22   Med: 28.92   Max: 39.42
Current: 24.95


During the past 5 years, the highest Gross Margin % of Tuscany International Drilling, was 39.42%. The lowest was 22.22%. And the median was 28.92%.

FRA:TS1's Gross Margin % is not ranked
in the Oil & Gas industry.
Industry Median: 28 vs FRA:TS1: 24.95

Tuscany International Drilling, had a gross margin of 26.42% for the quarter that ended in Mar. 2014 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Tuscany International Drilling, was 0.00% per year.


Tuscany International Drilling, Gross Margin % Historical Data

The historical data trend for Tuscany International Drilling,'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.

Tuscany International Drilling, Gross Margin % Chart

Tuscany International Drilling, Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13
Gross Margin %
39.44 21.31 33.86 29.99 24.93

Tuscany International Drilling, Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 26.12 32.13 23.97 23.65 26.42

Competitive Comparison of Tuscany International Drilling,'s Gross Margin %

For the Oil & Gas Equipment & Services subindustry, Tuscany International Drilling,'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.


Tuscany International Drilling,'s Gross Margin % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Tuscany International Drilling,'s Gross Margin % falls into.



Tuscany International Drilling, Gross Margin % Calculation

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

Tuscany International Drilling,'s Gross Margin for the fiscal year that ended in Dec. 2013 is calculated as

Gross Margin % (A: Dec. 2013 )=Gross Profit (A: Dec. 2013 ) / Revenue (A: Dec. 2013 )
=30.9 / 124.047
=(Revenue - Cost of Goods Sold) / Revenue
=(124.047 - 93.118) / 124.047
=24.93 %

Tuscany International Drilling,'s Gross Margin for the quarter that ended in Mar. 2014 is calculated as


Gross Margin % (Q: Mar. 2014 )=Gross Profit (Q: Mar. 2014 ) / Revenue (Q: Mar. 2014 )
=6.5 / 24.778
=(Revenue - Cost of Goods Sold) / Revenue
=(24.778 - 18.231) / 24.778
=26.42 %

* 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.


Tuscany International Drilling,  (FRA:TS1) 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

Tuscany International Drilling, had a gross margin of 26.42% for the quarter that ended in Mar. 2014 => 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.


Tuscany International Drilling, Gross Margin % Related Terms

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Tuscany International Drilling, (FRA:TS1) Business Description

Traded in Other Exchanges
N/A
Address
Tuscany International Drilling Inc was incorporated on April 6, 2004, pursuant to the provisions of the Business Corporations Act Alberta. The company is a Canadian-based oilfield services company; offering drilling, completion and workover services to the oil and natural gas industry, in South America. It is comprised of 26 owned drilling and workover rigs. It competes directly with various international and local companies in each region in which it operate.

Tuscany International Drilling, (FRA:TS1) Headlines

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