GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nickel North Exploration Corp (TSXV:NNX) » Definitions » Gross Margin %

Nickel North Exploration (TSXV:NNX) Gross Margin % : 0.00% (As of Sep. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Nickel North Exploration Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Nickel North Exploration's Gross Profit for the three months ended in Sep. 2024 was C$0.00 Mil. Nickel North Exploration's Revenue for the three months ended in Sep. 2024 was C$0.00 Mil. Therefore, Nickel North Exploration's Gross Margin % for the quarter that ended in Sep. 2024 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 Nickel North Exploration's Gross Margin % or its related term are showing as below:


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

Nickel North Exploration had a gross margin of N/A% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Nickel North Exploration was 0.00% per year.


Nickel North Exploration Gross Margin % Historical Data

The historical data trend for Nickel North Exploration'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.

Nickel North Exploration Gross Margin % Chart

Nickel North Exploration 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 - - - - -

Nickel North Exploration Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Nickel North Exploration's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Nickel North Exploration'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.


Nickel North Exploration's Gross Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Nickel North Exploration's Gross Margin % falls into.



Nickel North Exploration 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.)

Nickel North Exploration'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 %

Nickel North Exploration's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=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.


Nickel North Exploration  (TSXV:NNX) 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

Nickel North Exploration had a gross margin of N/A% for the quarter that ended in Sep. 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.


Nickel North Exploration Gross Margin % Related Terms

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


Nickel North Exploration Business Description

Traded in Other Exchanges
N/A
Address
750 West Pender Street, Suite 1105, Vancouver, BC, CAN, V6C 2T8
Nickel North Exploration Corp is a Canada-based company. The Company is engaged in the acquisition, exploration, and evaluation of mineral property interests in Canada. The company's key property consists of the Hawk Ridge Property in Quebec.
Executives
Tony Guo Director

Nickel North Exploration Headlines

No Headlines