Leone Asset Management (Leone Asset Management) Gross Margin % : 83.58% (As of Dec. 2018)

Leone Asset Management Gross Margin % Chart

Leone Asset Management Annual Data
	Trend	Dec07	Dec08	Dec09	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18
Gross Margin %		Get a 7-Day Free Trial					-	-	50.00	38.79	25.75

Leone Asset Management Quarterly Data
	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Dec12	Mar13	Dec13	Dec14	Dec15	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Gross Margin %	Get a 7-Day Free Trial															13.64	5.81	-23.26	24.32	83.58

Competitive Comparison of Leone Asset Management's Gross Margin %

For the Conglomerates subindustry, Leone Asset Management'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.

Leone Asset Management's Gross Margin % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Leone Asset Management's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Leone Asset Management's Gross Margin % falls into.

Leone Asset Management Gross Margin % Calculation

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

Leone Asset Management's Gross Margin for the fiscal year that ended in Dec. 2018 is calculated as

Leone Asset Management's Gross Margin for the quarter that ended in Dec. 2018 is calculated as

* 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.

Leone Asset Management  (OTCPK:LEON) 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

Leone Asset Management had a gross margin of 83.58% for the quarter that ended in Dec. 2018 => Durable 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.

Leone Asset Management Gross Margin % Related Terms

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Leone Asset Management (Leone Asset Management) Business Description