Indonesia Energy (Indonesia Energy) Gross Margin % : 15.20% (As of Dec. 2023)

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What is Indonesia Energy Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Indonesia Energy's Gross Profit for the six months ended in Dec. 2023 was $0.26 Mil. Indonesia Energy's Revenue for the six months ended in Dec. 2023 was $1.68 Mil. Therefore, Indonesia Energy's Gross Margin % for the quarter that ended in Dec. 2023 was 15.20%.

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

INDO' s Gross Margin % Range Over the Past 10 Years
Min: -37.15 Med: -3.63 Max: 36.87
Current: -3.6

During the past 7 years, the highest Gross Margin % of Indonesia Energy was 36.87%. The lowest was -37.15%. And the median was -3.63%.

INDO's Gross Margin % is ranked worse than
94.94% of 929 companies
in the Oil & Gas industry
Industry Median: 27.83 vs INDO: -3.60

Indonesia Energy had a gross margin of 15.20% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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

Indonesia Energy Gross Margin % Historical Data

The historical data trend for Indonesia 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.

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Indonesia Energy Gross Margin % Chart

Indonesia Energy Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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19.89

-37.15

-34.69

0.10

-3.63

Indonesia Energy Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Gross Margin %	Get a 7-Day Free Trial								-34.41	17.70	-23.17	-20.80	15.20

Competitive Comparison of Indonesia Energy's Gross Margin %

For the Oil & Gas E&P subindustry, Indonesia 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.

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

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

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

Indonesia Energy Gross Margin % Calculation

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

Indonesia Energy's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-0.1	/	3.525
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(3.525 - 3.653)	/	3.525
	=	-3.63 %

Indonesia Energy's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0.3	/	1.684
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1.684 - 1.428)	/	1.684
	=	15.20 %

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.

Indonesia Energy (AMEX:INDO) 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

Indonesia Energy had a gross margin of 15.20% for the quarter that ended in Dec. 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.

Indonesia Energy Gross Margin % Related Terms

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Indonesia Energy (Indonesia Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Indonesia Energy Corp Ltd (AMEX:INDO) » Definitions » Gross Margin %

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Traded in Other Exchanges

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Address

Jalan Raya Pasar Minggu No. 17A, Gedung Graha Anugerah, Kelurahan Pancoran, Kecamatan Pancoran, Jakarta Selatan, Jakarta, IDN, 12780

Website

https://www.indo-energy.com

Indonesia Energy Corp Ltd is an oil and gas exploration and production company focused on Indonesia. Its portfolio consists of Kruh Block and Citarum Block. The company generates its revenue from oil and gas sales.