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Great Atlantic Resources (TSXV:GR) Gross Margin % : 0.00% (As of Aug. 2024)


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What is Great Atlantic Resources Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Great Atlantic Resources's Gross Profit for the three months ended in Aug. 2024 was C$-0.03 Mil. Great Atlantic Resources's Revenue for the three months ended in Aug. 2024 was C$0.00 Mil. Therefore, Great Atlantic Resources's Gross Margin % for the quarter that ended in Aug. 2024 was 0.00%.


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


TSXV:GR's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 20.38
* Ranked among companies with meaningful Gross Margin % only.

Great Atlantic Resources had a gross margin of % for the quarter that ended in Aug. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Great Atlantic Resources was 0.00% per year.


Great Atlantic Resources Gross Margin % Historical Data

The historical data trend for Great Atlantic Resources'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.

Great Atlantic Resources Gross Margin % Chart

Great Atlantic Resources Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Gross Margin %
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Great Atlantic Resources Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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Competitive Comparison of Great Atlantic Resources's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Great Atlantic Resources'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.


Great Atlantic Resources's Gross Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Great Atlantic Resources's Gross Margin % falls into.



Great Atlantic Resources Gross Margin % Calculation

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

Great Atlantic Resources's Gross Margin for the fiscal year that ended in Feb. 2024 is calculated as

Gross Margin % (A: Feb. 2024 )=Gross Profit (A: Feb. 2024 ) / Revenue (A: Feb. 2024 )
=-0.2 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.23) / 0
= %

Great Atlantic Resources's Gross Margin for the quarter that ended in Aug. 2024 is calculated as


Gross Margin % (Q: Aug. 2024 )=Gross Profit (Q: Aug. 2024 ) / Revenue (Q: Aug. 2024 )
=-0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.025) / 0
= %

* 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.


Great Atlantic Resources  (TSXV:GR) 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

Great Atlantic Resources had a gross margin of % for the quarter that ended in Aug. 2024 => 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.


Great Atlantic Resources Gross Margin % Related Terms

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Great Atlantic Resources Business Description

Traded in Other Exchanges
Address
888 Dunsmuir Street, Suite 888, Vancouver, BC, CAN, V6C 3K4
Great Atlantic Resources Corp is engaged in acquiring, exploring, and evaluating its mineral property interests in Atlantic Canada. Principally, the company explores gold, zinc, tungsten, and antimony. It is focused on the development of various project properties including Golden Promise gold, Pilley's Island, and South Quarry properties located in Newfoundland. The company's New Brunswick project properties comprise kagoot brook, keymet, Macdougall Road, and Porcupine.
Executives
Christopher Ross Anderson 10% Security Holder, Director
Fruchtexpress Grabher Gmbh & Co Kg 10% Security Holder
Barry Everett Brown Senior Officer

Great Atlantic Resources Headlines

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