Canso Select Opportunities Fund (TSX:SCW.UN) Gross Margin %: 0.00% (As of Jun. 2018)


What is Canso Select Opportunities Fund Gross Margin %?

Canso Select Opportunities Fund TSX:SCW.UN Gross Margin % is 0.00% as of Jun. 2018.

Gross Margin % is calculated as gross profit divided by its revenue. Canso Select Opportunities Fund's Gross Profit for the six months ended in Jun. 2018 was C$0.64 Mil. Canso Select Opportunities Fund's Revenue for the six months ended in Jun. 2018 was C$0.64 Mil. Therefore, Canso Select Opportunities Fund's Gross Margin % for the quarter that ended in Jun. 2018 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 Canso Select Opportunities Fund's Gross Margin % or its related term are showing as below:


TSX:SCW.UN's Gross Margin % is not ranked *
in the Asset Management industry.
Industry Median: 56.535
* Ranked among companies with meaningful Gross Margin % only.

Canso Select Opportunities Fund had a gross margin of N/A% for the quarter that ended in Jun. 2018 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Canso Select Opportunities Fund was 0.00% per year.

Canso Select Opportunities Fund  (TSX:SCW.UN) 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

Canso Select Opportunities Fund had a gross margin of N/A% for the quarter that ended in Jun. 2018 => 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.

Canso Select Opportunities Fund Gross Margin % Related Terms

Canso Select Opportunities Fund Gross Margin % Historical Data

* Premium members only.

The historical data trend for Canso Select Opportunities Fund'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.

Canso Select Opportunities Fund Gross Margin % Chart

Canso Select Opportunities Fund Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17
Gross Margin %
0.00 0.00 0.00 0.00 0.00

Canso Select Opportunities Fund Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Canso Select Opportunities Fund Gross Margin % Competitor Comparison

For the Asset Management subindustry, Canso Select Opportunities Fund'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.

Canso Select Opportunities Fund Gross Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Canso Select Opportunities Fund's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Canso Select Opportunities Fund's Gross Margin % falls into.


Canso Select Opportunities Fund 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.)

Canso Select Opportunities Fund's Gross Margin for the fiscal year that ended in Dec. 2017 is calculated as

Gross Margin % (A: Dec. 2017 )=Gross Profit (A: Dec. 2017 ) / Revenue (A: Dec. 2017 )
=8.7 / 8.71
=(Revenue - Cost of Goods Sold) / Revenue
=(8.71 - 0) / 8.71
=N/A %

Canso Select Opportunities Fund's Gross Margin for the quarter that ended in Jun. 2018 is calculated as


Gross Margin % (Q: Jun. 2018 )=Gross Profit (Q: Jun. 2018 ) / Revenue (Q: Jun. 2018 )
=0.6 / 0.643
=(Revenue - Cost of Goods Sold) / Revenue
=(0.643 - 0) / 0.643
=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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 0.00% mean?
Canso Select Opportunities Fund (TSX:SCW.UN) has a Gross Margin % of 0.00% as of Jun. 2018. Gross margin is the ratio of total gross profit to net sales. View historical data on Canso Select Opportunities Fund and its competitors.
Is Canso Select Opportunities Fund's Gross Margin % too high?
Canso Select Opportunities Fund's current Gross Margin % is 0.00%.
How does Canso Select Opportunities Fund's Gross Margin % compare to competitors?
Canso Select Opportunities Fund's Gross Margin % of 0.00% can be compared against companies in the Asset Management industry. The industry median Gross Margin % is 56.54. 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 an Asset Management company?
The median Gross Margin % among Asset Management companies is 56.54, based on 552 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 Canso Select Opportunities Fund and its competitors. For the Asset Management industry, the median Gross Margin % is 56.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canso Select Opportunities Fund's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canso Select Opportunities Fund stock overvalued right now?
Canso Select Opportunities Fund (TSX:SCW.UN) has a current Gross Margin % of 0.00%. The current Gross Margin % is 0.00%. 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 Canso Select Opportunities Fund (TSX:SCW.UN), the current Gross Margin % is 0.00% as of Jun. 2018. 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.

Canso Select Opportunities Fund Business Description

Address 4000 - 3080 Yonge Street, Toronto, ON, CAN, M4N 3N1
Canso Select Opportunities Fund is a Canadian closed-end investment fund which seeks to maximize total returns for unitholders and provide attractive monthly cash distributions. The fund invests in an actively managed and diversified portfolio of corporate bonds and equities. The revenue generated by the company includes interest, dividend, accrued interest, income on investment and other income.