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TNR Gold (TNR Gold) Gross Margin % : 0.00% (As of Dec. 2023)


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What is TNR Gold Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. TNR Gold's Gross Profit for the three months ended in Dec. 2023 was $0.00 Mil. TNR Gold's Revenue for the three months ended in Dec. 2023 was $0.00 Mil. Therefore, TNR Gold's Gross Margin % for the quarter that ended in Dec. 2023 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 TNR Gold's Gross Margin % or its related term are showing as below:


TRRXF's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 19.27
* Ranked among companies with meaningful Gross Margin % only.

TNR Gold had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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


TNR Gold Gross Margin % Historical Data

The historical data trend for TNR Gold'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.

TNR Gold Gross Margin % Chart

TNR Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
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TNR Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of TNR Gold's Gross Margin %

For the Other Industrial Metals & Mining subindustry, TNR Gold'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.


TNR Gold's Gross Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where TNR Gold's Gross Margin % falls into.



TNR Gold 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.)

TNR Gold's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

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

TNR Gold's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=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.


TNR Gold  (OTCPK:TRRXF) 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

TNR Gold had a gross margin of N/A% for the quarter that ended in Dec. 2023 => 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.


TNR Gold Gross Margin % Related Terms

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TNR Gold (TNR Gold) Business Description

Traded in Other Exchanges
Address
789 Pender Street, Suite 1120, Vancouver, BC, CAN, V6C 1H2
TNR Gold Corp is a mineral exploration company. It is engaged in the acquisition, exploration, and development of mineral properties located in the USA and Canada. The company primarily explores gold and copper deposits. It holds an interest in projects such as the Shotgun gold project, Los Azules Copper property and Mariana Property.

TNR Gold (TNR Gold) Headlines

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