GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » International Frontier Resources Corp (TSXV:IFR) » Definitions » Gross Margin %

International Frontier Resources (TSXV:IFR) Gross Margin % : 0.00% (As of Dec. 2023)


View and export this data going back to 1997. Start your Free Trial

What is International Frontier Resources Gross Margin %?

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


During the past 13 years, the highest Gross Margin % of International Frontier Resources was 76.92%. The lowest was 76.51%. And the median was 76.72%.

TSXV:IFR's Gross Margin % is not ranked *
in the Oil & Gas industry.
Industry Median: 27.87
* Ranked among companies with meaningful Gross Margin % only.

International Frontier Resources 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 International Frontier Resources was 0.00% per year.


International Frontier Resources Gross Margin % Historical Data

The historical data trend for International Frontier 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.

International Frontier Resources Gross Margin % Chart

International Frontier Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

International Frontier Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of International Frontier Resources's Gross Margin %

For the Oil & Gas E&P subindustry, International Frontier 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.


International Frontier Resources's Gross Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, International Frontier Resources's Gross Margin % distribution charts can be found below:

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



International Frontier Resources 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.)

International Frontier Resources'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 %

International Frontier Resources'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.


International Frontier Resources  (TSXV:IFR) 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

International Frontier Resources 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.


International Frontier Resources Gross Margin % Related Terms

Thank you for viewing the detailed overview of International Frontier Resources's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


International Frontier Resources (TSXV:IFR) Business Description

Traded in Other Exchanges
Address
396 11th Avenue S.W, Suite 1320, Calgary, AB, CAN, T2R 0C5
International Frontier Resources Corp is engaged in the exploration and development of oil and natural gas reserves. It acquires, develops, exploits, and produces oil and natural gas in Mexico, , Northwest Territories, Canada, Tecolutla Contract Mexico, and in northwest Montana in the United States. It operates in Canada and Mexico's geographical segments.
Executives
Andrew James Fisher Senior Officer

International Frontier Resources (TSXV:IFR) Headlines

No Headlines