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AS Rigas kugu buvetava (STU:UW3) Gross Margin % : 50.35% (As of Sep. 2024)


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What is AS Rigas kugu buvetava Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. AS Rigas kugu buvetava's Gross Profit for the three months ended in Sep. 2024 was €0.21 Mil. AS Rigas kugu buvetava's Revenue for the three months ended in Sep. 2024 was €0.42 Mil. Therefore, AS Rigas kugu buvetava's Gross Margin % for the quarter that ended in Sep. 2024 was 50.35%.


The historical rank and industry rank for AS Rigas kugu buvetava's Gross Margin % or its related term are showing as below:

STU:UW3' s Gross Margin % Range Over the Past 10 Years
Min: -586.64   Med: -6.56   Max: 13.28
Current: 13.28


During the past 13 years, the highest Gross Margin % of AS Rigas kugu buvetava was 13.28%. The lowest was -586.64%. And the median was -6.56%.

STU:UW3's Gross Margin % is ranked worse than
79.74% of 306 companies
in the Aerospace & Defense industry
Industry Median: 25.38 vs STU:UW3: 13.28

AS Rigas kugu buvetava had a gross margin of 50.35% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for AS Rigas kugu buvetava was 13.70% per year.


AS Rigas kugu buvetava Gross Margin % Historical Data

The historical data trend for AS Rigas kugu buvetava'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.

AS Rigas kugu buvetava Gross Margin % Chart

AS Rigas kugu buvetava Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -66.09 -586.64 -26.53 -3.24 -40.06

AS Rigas kugu buvetava Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only -92.34 267.28 37.18 -116.19 50.35

Competitive Comparison of AS Rigas kugu buvetava's Gross Margin %

For the Aerospace & Defense subindustry, AS Rigas kugu buvetava'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.


AS Rigas kugu buvetava's Gross Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AS Rigas kugu buvetava's Gross Margin % distribution charts can be found below:

* The bar in red indicates where AS Rigas kugu buvetava's Gross Margin % falls into.


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AS Rigas kugu buvetava Gross Margin % Calculation

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

AS Rigas kugu buvetava's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=-0.7 / 1.675
=(Revenue - Cost of Goods Sold) / Revenue
=(1.675 - 2.346) / 1.675
=-40.06 %

AS Rigas kugu buvetava's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=0.2 / 0.423
=(Revenue - Cost of Goods Sold) / Revenue
=(0.423 - 0.21) / 0.423
=50.35 %

* 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.


AS Rigas kugu buvetava  (STU:UW3) 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

AS Rigas kugu buvetava had a gross margin of 50.35% for the quarter that ended in Sep. 2024 => Durable 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.


AS Rigas kugu buvetava Gross Margin % Related Terms

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


AS Rigas kugu buvetava Business Description

Traded in Other Exchanges
Address
Gales Street 2, Riga, LVA, LV-1015
AS Rigas kugu buvetava is a Latvia-based company. The company earns revenue through ship repairs and Leasing and managing owned or rented real estate. Geographically the company generates majority of its turnover in Latvia.

AS Rigas kugu buvetava Headlines

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