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MMX Mineracao E Metalicos (MMX Mineracao E Metalicos) Gross Margin % : 0.00% (As of Mar. 2021)


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What is MMX Mineracao E Metalicos Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. MMX Mineracao E Metalicos's Gross Profit for the three months ended in Mar. 2021 was $0.00 Mil. MMX Mineracao E Metalicos's Revenue for the three months ended in Mar. 2021 was $0.00 Mil. Therefore, MMX Mineracao E Metalicos's Gross Margin % for the quarter that ended in Mar. 2021 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 MMX Mineracao E Metalicos's Gross Margin % or its related term are showing as below:


MMXXF's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 19.22
* Ranked among companies with meaningful Gross Margin % only.

MMX Mineracao E Metalicos had a gross margin of N/A% for the quarter that ended in Mar. 2021 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for MMX Mineracao E Metalicos was 0.00% per year.


MMX Mineracao E Metalicos Gross Margin % Historical Data

The historical data trend for MMX Mineracao E Metalicos'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.

MMX Mineracao E Metalicos Gross Margin % Chart

MMX Mineracao E Metalicos 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 -276.11 -4.35 -14.24 -20.98 -2.00

MMX Mineracao E Metalicos Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 -1.92 - - - -

Competitive Comparison of MMX Mineracao E Metalicos's Gross Margin %

For the Other Industrial Metals & Mining subindustry, MMX Mineracao E Metalicos'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.


MMX Mineracao E Metalicos's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, MMX Mineracao E Metalicos's Gross Margin % distribution charts can be found below:

* The bar in red indicates where MMX Mineracao E Metalicos's Gross Margin % falls into.



MMX Mineracao E Metalicos 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.)

MMX Mineracao E Metalicos'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 / 0.05
=(Revenue - Cost of Goods Sold) / Revenue
=(0.05 - 0.051) / 0.05
=-2.00 %

MMX Mineracao E Metalicos's Gross Margin for the quarter that ended in Mar. 2021 is calculated as


Gross Margin % (Q: Mar. 2021 )=Gross Profit (Q: Mar. 2021 ) / Revenue (Q: Mar. 2021 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=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.


MMX Mineracao E Metalicos  (GREY:MMXXF) 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

MMX Mineracao E Metalicos had a gross margin of N/A% for the quarter that ended in Mar. 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.


MMX Mineracao E Metalicos Gross Margin % Related Terms

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MMX Mineracao E Metalicos (MMX Mineracao E Metalicos) Business Description

Traded in Other Exchanges
N/A
Address
Rua Lauro Muller, 116 sala 1808, Botafogo Rio de Janeiro, Rio de Janeiro, RJ, BRA, 22290-160
MMX Mineracao E Metalicos SA (MMX) is a Brazil-based company engaged in iron ore mining. The company has installed capacity to produce about 7 million metric tons of iron ore per year in its two systems, namely The Southeast System and the Corumba System. The Southeast System is formed by the Serra Azul and Bom Sucesso Units. It exploits the Tico-Tico and Ipe mines, located in the Serra Azul Region-in the iron mining area of Minas Gerais State. The company has also acquired the mining rights for the Pau de Vinho Mine. The iron ore produced by the Serra Azul Unit is sold to customers in Brazil and other countries.

MMX Mineracao E Metalicos (MMX Mineracao E Metalicos) Headlines

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