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


What is Leone Asset Management Gross Margin %?

Leone Asset Management LEON -0.55% Gross Margin % is 83.58% as of Dec. 2018.

Gross Margin % is calculated as gross profit divided by its revenue. Leone Asset Management's Gross Profit for the three months ended in Dec. 2018 was $0.06 Mil. Leone Asset Management's Revenue for the three months ended in Dec. 2018 was $0.07 Mil. Therefore, Leone Asset Management's Gross Margin % for the quarter that ended in Dec. 2018 was 83.58%.


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


LEON's Gross Margin % is not ranked *
in the Conglomerates industry.
Industry Median: 25.85
* Ranked among companies with meaningful Gross Margin % only.

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

The 5-Year average Growth Rate of Gross Margin for Leone Asset Management was 0.00% per year.


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


Leone Asset Management Gross Margin % Historical Data

* Premium members only.

The historical data trend for Leone Asset Management'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.

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 Premium Member Only Premium Member Only 0.00 0.00 50.00 38.79 25.75

Leone Asset Management Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar13 Dec13 Dec14 Dec15 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 13.64 5.81 -23.26 24.32 83.58

LEON vs PTMN, TZAC, AINC: Gross Margin % Comparison

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 Gross Margin % vs 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

Gross Margin % (A: Dec. 2018 )=Gross Profit (A: Dec. 2018 ) / Revenue (A: Dec. 2018 )
=0.1 / 0.233
=(Revenue - Cost of Goods Sold) / Revenue
=(0.233 - 0.173) / 0.233
=25.75 %

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


Gross Margin % (Q: Dec. 2018 )=Gross Profit (Q: Dec. 2018 ) / Revenue (Q: Dec. 2018 )
=0.1 / 0.067
=(Revenue - Cost of Goods Sold) / Revenue
=(0.067 - 0.011) / 0.067
=83.58 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 83.58% mean?
Leone Asset Management (LEON) has a Gross Margin % of 83.58% as of Dec. 2018. Gross margin is the ratio of total gross profit to net sales. View historical data on Leone Asset Management and its competitors.
Is Leone Asset Management's Gross Margin % too high?
Leone Asset Management's current Gross Margin % is 83.58%. The Conglomerates industry median Gross Margin % is 25.85. Leone Asset Management's value of 83.58% is 223.3% above this industry median.
How does Leone Asset Management's Gross Margin % compare to PTMN and TZAC?
Leone Asset Management's Gross Margin % of 83.58% can be compared against companies in the Conglomerates industry. The industry median Gross Margin % is 25.85. Leone Asset Management's value of 83.58% is 223.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Conglomerates company?
The median Gross Margin % among Conglomerates companies is 25.85, based on 511 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Leone Asset Management's current Gross Margin % of 83.58% is 223.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Leone Asset Management and its competitors. For the Conglomerates industry, the median Gross Margin % is 25.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leone Asset Management's current Gross Margin % is 83.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leone Asset Management stock overvalued right now?
Leone Asset Management (LEON) has a current Gross Margin % of 83.58%. The current Gross Margin % is 83.58% and 223.3% above the Conglomerates industry median of 25.85. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Leone Asset Management (LEON), the current Gross Margin % is 83.58% as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Leone Asset Management Business Description

Address 801 West Bay Drive, Suite 715, Largo, FL, USA, 33770
Leone Asset Management Inc is a multi-national, multi-industry conglomerate with subsidiary companies that operate in Health and Wellness and agriculture management. The company's project management services include infrastructure development, agricultural management, and rare earth mineral exploration.