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SRCAF (Stria Lithium) Gross Margin % : 0.00% (As of Jun. 2024)


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What is Stria Lithium Gross Margin %?

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


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

Stria Lithium had a gross margin of N/A% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

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


Stria Lithium Gross Margin % Historical Data

The historical data trend for Stria Lithium'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.

Stria Lithium Gross Margin % Chart

Stria Lithium Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Gross Margin %
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Stria Lithium Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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Competitive Comparison of Stria Lithium's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Stria Lithium'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.


Stria Lithium's Gross Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Stria Lithium's Gross Margin % falls into.



Stria Lithium 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.)

Stria Lithium's Gross Margin for the fiscal year that ended in Sep. 2023 is calculated as

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

Stria Lithium's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


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


Stria Lithium  (OTCPK:SRCAF) 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

Stria Lithium had a gross margin of N/A% for the quarter that ended in Jun. 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.


Stria Lithium Gross Margin % Related Terms

Thank you for viewing the detailed overview of Stria Lithium's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Stria Lithium Business Description

Traded in Other Exchanges
Address
945 Princess Street, Box 118, Kingston, ON, CAN, K7L 0E9
Stria Lithium Inc is engaged in the acquisition, exploration, and development of mineral properties in Quebec, Canada, as well as the development of processes to purify and recover lithium metal directly from ore and brine liquids. The company's project includes the Pontax project and the Romer Property.

Stria Lithium Headlines

From GuruFocus

Stria Lithium Provides Update

By ACCESSWIRE ACCESSWIRE 12-15-2021

Stria Lithium Inc. Announces Change of Business Transaction

By ACCESSWIRE ACCESSWIRE 07-08-2021

Stria Lithium Inc. Announces Closing of Private Placement

By ACCESSWIRE ACCESSWIRE 06-25-2021

Stria Lithium Provides Recap of Recent Activities

By ACCESSWIRE ACCESSWIRE 02-03-2022

Stria Lithium Announces Property Acquisition

By ACCESSWIRE ACCESSWIRE 03-05-2022

Stria Lithium Terminates Change of Business Transaction

By ACCESSWIRE ACCESSWIRE 12-08-2021