The Initiates (NSA:TIP) Gross Margin % : 0.00% (As of . 20)

View and export this data going back to 2017. Start your Free Trial

What is The Initiates Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. The Initiates's Gross Profit for the six months ended in . 20 was ₦0.00 Mil. The Initiates's Revenue for the six months ended in . 20 was ₦0.00 Mil. Therefore, The Initiates's Gross Margin % for the quarter that ended in . 20 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 The Initiates's Gross Margin % or its related term are showing as below:

NSA:TIP's Gross Margin % is not ranked ^*
in the Waste Management industry.
Industry Median: 27.84
* Ranked among companies with meaningful Gross Margin % only.

The Initiates had a gross margin of N/A% for the quarter that ended in . 20 => No sustainable competitive advantage

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

The Initiates Gross Margin % Historical Data

The historical data trend for The Initiates'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.

The Initiates Gross Margin % Chart

The Initiates Annual Data

Trend

Gross Margin %

The Initiates Semi-Annual Data

Gross Margin %

Competitive Comparison of The Initiates's Gross Margin %

For the Waste Management subindustry, The Initiates'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.

The Initiates's Gross Margin % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, The Initiates's Gross Margin % distribution charts can be found below:

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

Save Embed

;

Save Embed

;

The Initiates 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.)

The Initiates's Gross Margin for the fiscal year that ended in . 20 is calculated as

Gross Margin % (A: . 20 )	=	Gross Profit (A: . 20 )	/	Revenue (A: . 20 )
	=	0	/
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	( - )	/
	=	N/A %

The Initiates's Gross Margin for the quarter that ended in . 20 is calculated as

Gross Margin % (Q: . 20 )	=	Gross Profit (Q: . 20 )	/	Revenue (Q: . 20 )
	=	0	/
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	( - )	/
	=	N/A %

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.

The Initiates (NSA:TIP) 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

The Initiates had a gross margin of N/A% for the quarter that ended in . 20 => 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.

The Initiates Gross Margin % Related Terms

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

The Initiates Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » The Initiates PLC (NSA:TIP) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot 400, Location Road, Off Aba/PH Expressway, P.O. BOX 7242, Umuebule 5, Port Harcourt, Rivers State, NGA

Website

https://www.initiatesgroup.com

The Initiates PLC is a professional waste management company. The company is engaged in delivering Waste Management, Industrial Cleaning and Decontamination services to both Private and Public sectors. It has a multi-disciplinary and flexible workforce and all relevant permits necessary for delivering waste management and industrial cleaning services.