SILS (Silver Scott Mines) Gross Margin %: 0.00% (As of Dec. 2024)


What is Silver Scott Mines Gross Margin %?

Silver Scott Mines SILS +13.19% Gross Margin % is 0.00% as of Dec. 2024. Among 730 Metals & Mining companies, Silver Scott Mines ranks worse than 136986.16% on this metric.

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


During the past 2 years, the highest Gross Margin % of Silver Scott Mines was 64.29%. The lowest was 64.29%. And the median was 64.29%.

SILS's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 26.045
* Ranked among companies with meaningful Gross Margin % only.

Silver Scott Mines had a gross margin of N/A% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

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


Silver Scott Mines  (OTCPK:SILS) 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

Silver Scott Mines had a gross margin of N/A% for the quarter that ended in Dec. 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.


Silver Scott Mines Gross Margin % Related Terms


Silver Scott Mines Gross Margin % Historical Data

* Premium members only.

The historical data trend for Silver Scott Mines'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.

Silver Scott Mines Gross Margin % Chart

Silver Scott Mines Annual Data
Trend Dec23 Dec24
Gross Margin %
64.29 0.00

Silver Scott Mines Semi-Annual Data
Dec23 Dec24
Gross Margin % 64.29 0.00

SILS vs NMEX, GLNS, PDIV: Gross Margin % Comparison

For the Other Precious Metals & Mining subindustry, Silver Scott Mines'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.


Silver Scott Mines Gross Margin % vs Metals & Mining Industry

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

* The bar in red indicates where Silver Scott Mines's Gross Margin % falls into.



Silver Scott Mines 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.)

Silver Scott Mines's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Silver Scott Mines's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


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

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 0.00% mean?
Silver Scott Mines (SILS) has a Gross Margin % of 0.00% as of Dec. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on Silver Scott Mines and its competitors. Over the past decade, Silver Scott Mines' Gross Margin % has ranged from 64.29 to 64.29. According to the industry distribution chart, Silver Scott Mines ranks #999999 out of 730 companies in the Metals & Mining industry.
Is Silver Scott Mines' Gross Margin % too high?
Silver Scott Mines' current Gross Margin % is 0.00%. Over the past 10 years, this metric has ranged from a low of 64.29 to a high of 64.29. Based on the distribution chart, Silver Scott Mines ranks #999999 out of 730 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Silver Scott Mines' Gross Margin % compare to NMEX and GLNS?
According to the Metals & Mining industry distribution chart, Silver Scott Mines ranks #999999 out of 730 companies for Gross Margin %. This places Silver Scott Mines in the lower half of its industry. The industry median Gross Margin % is 26.05. Historically, Silver Scott Mines' own Gross Margin % has ranged from 64.29 to 64.29 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Metals & Mining company?
The median Gross Margin % among Metals & Mining companies is 26.05, based on 730 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Silver Scott Mines and its competitors. For the Metals & Mining industry, the median Gross Margin % is 26.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Silver Scott Mines's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silver Scott Mines stock overvalued right now?
Silver Scott Mines (SILS) has a current Gross Margin % of 0.00%. The current Gross Margin % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Silver Scott Mines (SILS), the current Gross Margin % is 0.00% as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Silver Scott Mines Business Description

Address 4160 N Highway A1A, Unit 701A, Hutchinson Island, FL, USA, 34949
Silver Scott Mines Inc is a holding company currently owning assets in the digital currency, DeFi, and crypto trading spaces. The company has recently shifted its focus to maximizing the value of its assets and evaluating new business opportunities, including potential acquisitions or business combinations with one or more businesses.