TDNT (Trident Brands) Gross Margin %: -16.80% (As of May. 2022)


What is Trident Brands Gross Margin %?

Trident Brands TDNT Gross Margin % is -16.80% as of May. 2022.

Gross Margin % is calculated as gross profit divided by its revenue. Trident Brands's Gross Profit for the three months ended in May. 2022 was $-0.02 Mil. Trident Brands's Revenue for the three months ended in May. 2022 was $0.13 Mil. Therefore, Trident Brands's Gross Margin % for the quarter that ended in May. 2022 was -16.80%.


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


TDNT's Gross Margin % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 26.37
* Ranked among companies with meaningful Gross Margin % only.

Trident Brands had a gross margin of -16.80% for the quarter that ended in May. 2022 => No sustainable competitive advantage

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


Trident Brands  (OTCPK:TDNT) 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

Trident Brands had a gross margin of -16.80% for the quarter that ended in May. 2022 => 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.


Trident Brands Gross Margin % Related Terms


Trident Brands Gross Margin % Historical Data

* Premium members only.

The historical data trend for Trident Brands'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.

Trident Brands Gross Margin % Chart

Trident Brands Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 6.15 19.96 27.95 46.22

Trident Brands Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 47.83 51.85 37.50 0.00 -16.80

TDNT vs SKVI, QNTA, SNBH: Gross Margin % Comparison

For the Packaged Foods subindustry, Trident Brands'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.


Trident Brands Gross Margin % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Trident Brands's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Trident Brands's Gross Margin % falls into.



Trident Brands Gross Margin % Calculation

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

Trident Brands's Gross Margin for the fiscal year that ended in Nov. 2021 is calculated as

Gross Margin % (A: Nov. 2021 )=Gross Profit (A: Nov. 2021 ) / Revenue (A: Nov. 2021 )
=0.1 / 0.225
=(Revenue - Cost of Goods Sold) / Revenue
=(0.225 - 0.121) / 0.225
=46.22 %

Trident Brands's Gross Margin for the quarter that ended in May. 2022 is calculated as


Gross Margin % (Q: May. 2022 )=Gross Profit (Q: May. 2022 ) / Revenue (Q: May. 2022 )
=-0 / 0.125
=(Revenue - Cost of Goods Sold) / Revenue
=(0.125 - 0.146) / 0.125
=-16.80 %

* 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 -16.80% mean?
Trident Brands (TDNT) has a Gross Margin % of -16.80% as of May. 2022. Gross margin is the ratio of total gross profit to net sales. View historical data on Trident Brands and its competitors.
Is Trident Brands' Gross Margin % too high?
Trident Brands' current Gross Margin % is -16.80%.
How does Trident Brands' Gross Margin % compare to SKVI and QNTA?
Trident Brands' Gross Margin % of -16.80% can be compared against companies in the Consumer Packaged Goods industry. The industry median Gross Margin % is 26.37. 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 Consumer Packaged Goods company?
The median Gross Margin % among Consumer Packaged Goods companies is 26.37, based on 1,900 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 Trident Brands and its competitors. For the Consumer Packaged Goods industry, the median Gross Margin % is 26.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trident Brands's current Gross Margin % is -16.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trident Brands stock overvalued right now?
Trident Brands (TDNT) has a current Gross Margin % of -16.80%. The current Gross Margin % is -16.80%. 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 Trident Brands (TDNT), the current Gross Margin % is -16.80% as of May. 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.

Trident Brands Business Description

Address 433 Plaza Real, Suite 275, Boca Raton, FL, USA, 33432
Trident Brands Inc is a consumer product company. It is focused on developing high growth branded and private label consumer products and ingredients within the nutritional supplement, life sciences, and food and beverage categories. It offers consumer products, including nutritional products and supplements under the Everlast and Brain Armor brands. The company's brands focus on supplements, nutritional products, and heart and brain health categories. In addition, the firm also offers various banking facilities. Geographically business activity functions through the region of the United States and derives a majority of its revenue from the sale of products.