GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Mercury NZ Ltd (OTCPK:MGHTF) » Definitions » Gross Margin %

Mercury NZ (Mercury NZ) Gross Margin % : 0.00% (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Mercury NZ Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Mercury NZ's Gross Profit for the six months ended in Dec. 2023 was $999 Mil. Mercury NZ's Revenue for the six months ended in Dec. 2023 was $999 Mil. Therefore, Mercury NZ's Gross Margin % for the quarter that ended in Dec. 2023 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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

MGHTF' s Gross Margin % Range Over the Past 10 Years
Min: 32.8   Med: 41.35   Max: 48.81
Current: 48.81


During the past 11 years, the highest Gross Margin % of Mercury NZ was 48.81%. The lowest was 32.80%. And the median was 41.35%.

MGHTF's Gross Margin % is ranked better than
65.24% of 397 companies
in the Utilities - Independent Power Producers industry
Industry Median: 35.58 vs MGHTF: 48.81

Mercury NZ had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Mercury NZ was -0.10% per year.


Mercury NZ Gross Margin % Historical Data

The historical data trend for Mercury NZ'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.

Mercury NZ Gross Margin % Chart

Mercury NZ Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.46 40.14 32.80 37.37 43.08

Mercury NZ Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 17.20 41.74 - -8.60 -

Competitive Comparison of Mercury NZ's Gross Margin %

For the Utilities - Renewable subindustry, Mercury NZ'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.


Mercury NZ's Gross Margin % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Mercury NZ's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Mercury NZ's Gross Margin % falls into.



Mercury NZ Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Mercury NZ's Gross Margin for the fiscal year that ended in Jun. 2023 is calculated as

Gross Margin % (A: Jun. 2023 )=Gross Profit (A: Jun. 2023 ) / Revenue (A: Jun. 2023 )
=721.5 / 1674.847
=(Revenue - Cost of Goods Sold) / Revenue
=(1674.847 - 953.375) / 1674.847
=43.08 %

Mercury NZ'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 )
=998.8 / 998.755
=(Revenue - Cost of Goods Sold) / Revenue
=(998.755 - 0) / 998.755
=N/A %

* 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.


Mercury NZ  (OTCPK:MGHTF) 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

Mercury NZ had a gross margin of N/A% 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.


Mercury NZ Gross Margin % Related Terms

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


Mercury NZ (Mercury NZ) Business Description

Traded in Other Exchanges
Address
33 Broadway, The Mercury Building, P O Box 90399, Newmarket, Auckland, NTL, NZL, 1142
Mercury NZ (formerly Mighty River Power) generates more than 15% of New Zealand's electricity and is one of the four major electricity generators and suppliers in the country. All electricity is generated from renewable sources, which makes it one of the lowest-cost providers of electricity. The company operates nine hydro stations and five geothermal power plants in the North Island and some wind farms. Mercury sells electricity to residential and commercial customers and has the largest share of the key Auckland market.

Mercury NZ (Mercury NZ) Headlines