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Union Gas (TSX:UNG.PR.D.PFD) Gross Margin % : 0.00% (As of . 20)


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What is Union Gas Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Union Gas's Gross Profit for the three months ended in . 20 was C$0.00 Mil. Union Gas's Revenue for the three months ended in . 20 was C$0.00 Mil. Therefore, Union Gas's Gross Margin % for the quarter that ended in . 20 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 Union Gas's Gross Margin % or its related term are showing as below:


TSX:UNG.PR.D.PFD's Gross Margin % is not ranked *
in the Utilities - Regulated industry.
Industry Median: 29.5
* Ranked among companies with meaningful Gross Margin % only.

Union Gas had a gross margin of N/A% for the quarter that ended in . 20 => No sustainable competitive advantage

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


Union Gas Gross Margin % Historical Data

The historical data trend for Union Gas'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.

Union Gas Gross Margin % Chart

Union Gas Annual Data
Trend
Gross Margin %

Union Gas Quarterly Data
Gross Margin %

Competitive Comparison of Union Gas's Gross Margin %

For the Utilities - Regulated Gas subindustry, Union Gas'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.


Union Gas's Gross Margin % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Union Gas's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Union Gas's Gross Margin % falls into.



Union Gas 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.)

Union Gas's Gross Margin for the fiscal year that ended in . 20 is calculated as

Gross Margin % (A: . 20 )=Gross Profit (A: . 20 ) / Revenue (A: . 20 )
=0 /
=(Revenue - Cost of Goods Sold) / Revenue
=( - ) /
=N/A %

Union Gas's Gross Margin for the quarter that ended in . 20 is calculated as


Gross Margin % (Q: . 20 )=Gross Profit (Q: . 20 ) / Revenue (Q: . 20 )
=0 /
=(Revenue - Cost of Goods Sold) / Revenue
=( - ) /
=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.


Union Gas  (TSX:UNG.PR.D.PFD) 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

Union Gas had a gross margin of N/A% for the quarter that ended in . 20 => 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.


Union Gas Gross Margin % Related Terms

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Union Gas (TSX:UNG.PR.D.PFD) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
50 Keil Drive North, Chatham, ON, CAN, N7M 5M1
Union Gas Ltd provides natural gas storage, distribution, and transmission services in Canada. It owns and operates natural gas distribution, storage and transmission facilities in Ontario. The company distributes natural gas to customers in northern, southwestern and eastern Ontario, and provides natural gas storage and transportation services to other utilities and energy market participants. The distribution business serves approximately 1.4 million residential, commercial and industrial customers in over 400 communities across northern, southwestern and eastern Ontario. Union Gas' storage and transmission business offer a range of storage and transportation services to customers at the Dawn Hub (Dawn).

Union Gas (TSX:UNG.PR.D.PFD) Headlines

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