SLHGF (Skylight Health Group) Gross Margin %: 24.70% (As of Jun. 2022)

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SLHGF Skylight Health Group Inc SLHGF
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What is Skylight Health Group Gross Margin %?

Skylight Health Group SLHGF -99.00% 12 Gross Margin % is 24.70% as of Jun. 2022. GuruFocus rates SLHGF with a GF Score™ of 12/100.

Gross Margin % is calculated as gross profit divided by its revenue. Skylight Health Group's Gross Profit for the three months ended in Jun. 2022 was $3.10 Mil. Skylight Health Group's Revenue for the three months ended in Jun. 2022 was $12.56 Mil. Therefore, Skylight Health Group's Gross Margin % for the quarter that ended in Jun. 2022 was 24.70%.


The historical rank and industry rank for Skylight Health Group's Gross Margin % or its related term are showing as below:


SLHGF's Gross Margin % is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 40.25
* Ranked among companies with meaningful Gross Margin % only.

Skylight Health Group had a gross margin of 24.70% for the quarter that ended in Jun. 2022 => Competition eroding margins

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


Skylight Health Group  (OTCPK:SLHGF) 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

Skylight Health Group had a gross margin of 24.70% for the quarter that ended in Jun. 2022 => Competition eroding margins


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.


Skylight Health Group Gross Margin % Related Terms


Skylight Health Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for Skylight Health Group'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.

Skylight Health Group Gross Margin % Chart

Skylight Health Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Gross Margin %
0.00 69.45 39.22 55.55

Skylight Health Group Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 55.40 59.98 -180.59 44.45 24.70

SLHGF vs HCA: Gross Margin % Comparison

For the Medical Care Facilities subindustry, Skylight Health Group'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.


Skylight Health Group Gross Margin % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Skylight Health Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Skylight Health Group's Gross Margin % falls into.


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Skylight Health Group Inc SLHGF
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Skylight Health Group Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Skylight Health Group's Gross Margin for the fiscal year that ended in Dec. 2021 is calculated as

Gross Margin % (A: Dec. 2021 )=Gross Profit (A: Dec. 2021 ) / Revenue (A: Dec. 2021 )
=11.8 / 21.216
=(Revenue - Cost of Goods Sold) / Revenue
=(21.216 - 9.43) / 21.216
=55.55 %

Skylight Health Group's Gross Margin for the quarter that ended in Jun. 2022 is calculated as


Gross Margin % (Q: Jun. 2022 )=Gross Profit (Q: Jun. 2022 ) / Revenue (Q: Jun. 2022 )
=3.1 / 12.556
=(Revenue - Cost of Goods Sold) / Revenue
=(12.556 - 9.455) / 12.556
=24.70 %

* 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 24.70% mean?
Skylight Health Group (SLHGF) has a Gross Margin % of 24.70% as of Jun. 2022. Gross margin is the ratio of total gross profit to net sales. View historical data on Skylight Health Group and its competitors.
Is Skylight Health Group's Gross Margin % too high?
Skylight Health Group's current Gross Margin % is 24.70%. The Healthcare Providers & Services industry median Gross Margin % is 40.25. Skylight Health Group's value of 24.70% is 38.6% below this industry median. Overall, Skylight Health Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Skylight Health Group's Gross Margin % compare to HCA?
Skylight Health Group's Gross Margin % of 24.70% can be compared against companies in the Healthcare Providers & Services industry. The industry median Gross Margin % is 40.25. Skylight Health Group's value of 24.70% is 38.6% below this benchmark. 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 Healthcare Providers & Services company?
The median Gross Margin % among Healthcare Providers & Services companies is 40.25, based on 631 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. Skylight Health Group's current Gross Margin % of 24.70% is 38.6% below the industry median. 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 Skylight Health Group and its competitors. For the Healthcare Providers & Services industry, the median Gross Margin % is 40.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Skylight Health Group's current Gross Margin % is 24.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skylight Health Group stock overvalued right now?
Skylight Health Group (SLHGF) has a current Gross Margin % of 24.70%. The current Gross Margin % is 24.70% and 38.6% below the Healthcare Providers & Services industry median of 40.25. Skylight Health Group's overall GF Score™ is 12/100. 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 Skylight Health Group (SLHGF), the current Gross Margin % is 24.70% as of Jun. 2022. 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.

Skylight Health Group Business Description

Address 5520 Explorer Drive, Suite 402, Mississauga, ON, CAN, L4W 5L1
Skylight Health Group Inc is a healthcare services and technology company, working to impact patient health outcomes. The company operates a US multi-state health network that comprises physical multi-disciplinary medical clinics providing a range of services from primary care, subspecialty, allied health and diagnostic testing.
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