Victoria Oil & Gas (Victoria Oil & Gas) Gross Margin % : 78.58% (As of Jun. 2021)

Victoria Oil & Gas Gross Margin % Chart

Victoria Oil & Gas Annual Data
	Trend	May11	May12	May13	May14	May15	Dec16	Dec17	Dec18	Dec19	Dec20
Gross Margin %		Get a 7-Day Free Trial					18.70	4.71	-1.63	8.79	72.91

Victoria Oil & Gas Semi-Annual Data
	Nov11	May12	Nov12	May13	Nov13	May14	Nov14	May15	Nov15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Gross Margin %	Get a 7-Day Free Trial															55.06	-39.95	86.95	-228.06	78.58

Competitive Comparison of Victoria Oil & Gas's Gross Margin %

For the Oil & Gas Integrated subindustry, Victoria Oil & 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.

Victoria Oil & Gas's Gross Margin % Distribution in the Oil & Gas Industry

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

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

Victoria Oil & Gas Gross Margin % Calculation

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

Victoria Oil & Gas's Gross Margin for the fiscal year that ended in Dec. 2020 is calculated as

Victoria Oil & Gas's Gross Margin for the quarter that ended in Jun. 2021 is calculated as

* 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.

Victoria Oil & Gas  (OTCPK:VCOGF) 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

Victoria Oil & Gas had a gross margin of 78.58% for the quarter that ended in Jun. 2021 => Durable 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.

Victoria Oil & Gas Gross Margin % Related Terms

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Victoria Oil & Gas (Victoria Oil & Gas) Business Description