Resurgere Mines & Minerals India (NSE:RMMIL) Gross Margin %: 0.00% (As of Mar. 2018)

Resurgere Mines & Minerals India  (NSE:RMMIL) 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

Resurgere Mines & Minerals India had a gross margin of N/A% for the quarter that ended in Mar. 2018 => 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.

Resurgere Mines & Minerals India Gross Margin % Related Terms

The historical data trend for Resurgere Mines & Minerals India'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.

Resurgere Mines & Minerals India Gross Margin % Chart

Resurgere Mines & Minerals India Annual Data
	Trend	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18
Gross Margin %		Get a 7-Day Free Trial					-8.32	63.75	-126.78	0.00	0.00

Resurgere Mines & Minerals India Semi-Annual Data
	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18
Gross Margin %	Get a 7-Day Free Trial						-8.32	63.75	-126.78	0.00	0.00

Resurgere Mines & Minerals India Gross Margin % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Resurgere Mines & Minerals India'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.

Resurgere Mines & Minerals India Gross Margin % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Resurgere Mines & Minerals India's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Resurgere Mines & Minerals India's Gross Margin % falls into.

Resurgere Mines & Minerals India 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.)

Resurgere Mines & Minerals India's Gross Margin for the fiscal year that ended in Mar. 2018 is calculated as

Resurgere Mines & Minerals India's Gross Margin for the quarter that ended in Mar. 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.

Resurgere Mines & Minerals India Business Description