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HMG/Courtland Properties (HMG/Courtland Properties) Gross Margin % : -10.00% (As of Sep. 2021)


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What is HMG/Courtland Properties Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. HMG/Courtland Properties's Gross Profit for the three months ended in Sep. 2021 was $-0.00 Mil. HMG/Courtland Properties's Revenue for the three months ended in Sep. 2021 was $0.02 Mil. Therefore, HMG/Courtland Properties's Gross Margin % for the quarter that ended in Sep. 2021 was -10.00%.


The historical rank and industry rank for HMG/Courtland Properties's Gross Margin % or its related term are showing as below:


HMG's Gross Margin % is not ranked *
in the REITs industry.
Industry Median: 68.83
* Ranked among companies with meaningful Gross Margin % only.

HMG/Courtland Properties had a gross margin of -10.00% for the quarter that ended in Sep. 2021 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for HMG/Courtland Properties was 0.00% per year.


HMG/Courtland Properties Gross Margin % Historical Data

The historical data trend for HMG/Courtland Properties'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.

HMG/Courtland Properties Gross Margin % Chart

HMG/Courtland Properties Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -56.06 -192.65 -491.78 -85.33 10.26

HMG/Courtland Properties Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 -35.00 50.00 -170.00 -105.00 -10.00

Competitive Comparison of HMG/Courtland Properties's Gross Margin %

For the REIT - Retail subindustry, HMG/Courtland Properties'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.


HMG/Courtland Properties's Gross Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, HMG/Courtland Properties's Gross Margin % distribution charts can be found below:

* The bar in red indicates where HMG/Courtland Properties's Gross Margin % falls into.



HMG/Courtland Properties Gross Margin % Calculation

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

HMG/Courtland Properties's Gross Margin for the fiscal year that ended in Dec. 2020 is calculated as

Gross Margin % (A: Dec. 2020 )=Gross Profit (A: Dec. 2020 ) / Revenue (A: Dec. 2020 )
=0 / 0.078
=(Revenue - Cost of Goods Sold) / Revenue
=(0.078 - 0.07) / 0.078
=10.26 %

HMG/Courtland Properties's Gross Margin for the quarter that ended in Sep. 2021 is calculated as


Gross Margin % (Q: Sep. 2021 )=Gross Profit (Q: Sep. 2021 ) / Revenue (Q: Sep. 2021 )
=-0 / 0.02
=(Revenue - Cost of Goods Sold) / Revenue
=(0.02 - 0.022) / 0.02
=-10.00 %

* 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.


HMG/Courtland Properties  (AMEX:HMG) 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

HMG/Courtland Properties had a gross margin of -10.00% for the quarter that ended in Sep. 2021 => 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.


HMG/Courtland Properties Gross Margin % Related Terms

Thank you for viewing the detailed overview of HMG/Courtland Properties's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


HMG/Courtland Properties (HMG/Courtland Properties) Business Description

Traded in Other Exchanges
N/A
Address
1870 South Bayshore Drive, Coconut Grove, Miami, FL, USA, 33133
HMG/Courtland Properties Inc is a real estate investment trust. Its business is the ownership and management of income-producing commercial properties. The company invests its idle cash in marketable securities and acquires real estate and other investments utilizing available cash or borrowing funds. The company's portfolio of REIT marketable securities consists of the preferred and non-preferred equity of large capital publicly traded REITs. The company's other investments consist primarily of nominal equity interests in various privately-held entities. The company generates revenue from the property rental operations of its corporate offices.
Executives
Alexander J Arader director 1870 SOUTH BAYSHORE DRIVE COCONUT GROVE FL 33133
Richard N Wiener director 1870 SOUTH BAYSHORE DRIVE COCONUT GROVE FL 33133
Maurice A Weiner director, officer: Chairman & CEO 1870 SOUTH BAYSHORE DRIVE COCONUT GROVE FL 33133
Carlos Camarotti officer: Vice Pres. and Asst. Secty 1870 SOUTH BAYSHORE DRIVE COCONUT GROVE FL 33133
C M Dusseau director 1870 SOUTH BAYSHORE DRIVE COCONUT GROVE FL 33133
Alan N Finkelstein director 1870 SOUTH BAYSHORE DRIVE COCONUT GROVE FL 33133
Walter G. Arader director 1870 SOUTH BAYSHORE DRIVE COCONUT GROVE FL 33133
Harvey Comita director 1870 SOUTH BAYSHORE DRIVE COCONUT GROVE FL 33133
Lawrence I Rothstein director, officer: President,Treasurer and Sec. 1870 SOUTH BAYSHORE DRIVE COCONUT GROVE FL 33133

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