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Rocket City Enterprises (Rocket City Enterprises) Gross Margin % : 0.00% (As of . 20)


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What is Rocket City Enterprises Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Rocket City Enterprises's Gross Profit for the three months ended in . 20 was $0.00 Mil. Rocket City Enterprises's Revenue for the three months ended in . 20 was $0.00 Mil. Therefore, Rocket City Enterprises'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 Rocket City Enterprises's Gross Margin % or its related term are showing as below:


RCTY's Gross Margin % is not ranked *
in the Vehicles & Parts industry.
Industry Median: 19.79
* Ranked among companies with meaningful Gross Margin % only.

Rocket City Enterprises 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 Rocket City Enterprises was 0.00% per year.


Rocket City Enterprises Gross Margin % Historical Data

The historical data trend for Rocket City Enterprises'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.

Rocket City Enterprises Gross Margin % Chart

Rocket City Enterprises Annual Data
Trend
Gross Margin %

Rocket City Enterprises Quarterly Data
Gross Margin %

Competitive Comparison of Rocket City Enterprises's Gross Margin %

For the Auto Parts subindustry, Rocket City Enterprises'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.


Rocket City Enterprises's Gross Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Rocket City Enterprises's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Rocket City Enterprises's Gross Margin % falls into.



Rocket City Enterprises 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.)

Rocket City Enterprises'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 %

Rocket City Enterprises'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 %

* 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.


Rocket City Enterprises  (GREY:RCTY) 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

Rocket City Enterprises 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.


Rocket City Enterprises Gross Margin % Related Terms

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Rocket City Enterprises (Rocket City Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
6200 Lee Vista Boulevard, Suite 100, Orlando, FL, USA, 32822
Website
Rocket City Enterprises Inc is engaged in creating and implementing initiatives aimed at capitalizing on the automotive retailing industry specifically by generating revenues streams through eBay, eBay Motors and others.

Rocket City Enterprises (Rocket City Enterprises) Headlines

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