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RCGCF (Roscan Gold) Gross Margin % : 0.00% (As of Jul. 2024)


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What is Roscan Gold Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Roscan Gold's Gross Profit for the three months ended in Jul. 2024 was $0.00 Mil. Roscan Gold's Revenue for the three months ended in Jul. 2024 was $0.00 Mil. Therefore, Roscan Gold's Gross Margin % for the quarter that ended in Jul. 2024 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 Roscan Gold's Gross Margin % or its related term are showing as below:


RCGCF's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 20.41
* Ranked among companies with meaningful Gross Margin % only.

Roscan Gold had a gross margin of N/A% for the quarter that ended in Jul. 2024 => No sustainable competitive advantage

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


Roscan Gold Gross Margin % Historical Data

The historical data trend for Roscan Gold'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.

Roscan Gold Gross Margin % Chart

Roscan Gold Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Gross Margin %
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Roscan Gold Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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Competitive Comparison of Roscan Gold's Gross Margin %

For the Gold subindustry, Roscan Gold'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.


Roscan Gold's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Roscan Gold's Gross Margin % distribution charts can be found below:

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



Roscan Gold 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.)

Roscan Gold's Gross Margin for the fiscal year that ended in Oct. 2023 is calculated as

Gross Margin % (A: Oct. 2023 )=Gross Profit (A: Oct. 2023 ) / Revenue (A: Oct. 2023 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Roscan Gold's Gross Margin for the quarter that ended in Jul. 2024 is calculated as


Gross Margin % (Q: Jul. 2024 )=Gross Profit (Q: Jul. 2024 ) / Revenue (Q: Jul. 2024 )
=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.


Roscan Gold  (OTCPK:RCGCF) 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

Roscan Gold had a gross margin of N/A% for the quarter that ended in Jul. 2024 => 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.


Roscan Gold Gross Margin % Related Terms

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Roscan Gold Business Description

Traded in Other Exchanges
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Roscan Gold Corp is a Canadian gold exploration company focused on the exploration and acquisition of gold properties in West Africa. The company has assembled a land position in an area of producing gold mines and gold deposits, located both north and south of its Kandiole Project in West Mali.

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