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Lancaster resources (XCNQ:LCR) Gross Margin % : 0.00% (As of Dec. 2024)


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What is Lancaster resources Gross Margin %?

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


XCNQ:LCR's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 22.165
* Ranked among companies with meaningful Gross Margin % only.

Lancaster resources had a gross margin of N/A% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

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


Lancaster resources Gross Margin % Historical Data

The historical data trend for Lancaster 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.

Lancaster resources Gross Margin % Chart

Lancaster resources Annual Data
Trend Nov19 Nov20 Nov21 Nov22 Mar23 Mar24
Gross Margin %
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Lancaster resources Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of Lancaster resources's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Lancaster 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.


Lancaster resources's Gross Margin % Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Lancaster resources's Gross Margin % falls into.


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Lancaster 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.)

Lancaster resources's Gross Margin for the fiscal year that ended in Mar. 2024 is calculated as

Gross Margin % (A: Mar. 2024 )=Gross Profit (A: Mar. 2024 ) / Revenue (A: Mar. 2024 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=N/A %

Lancaster resources's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


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


Lancaster resources  (XCNQ:LCR) 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

Lancaster resources had a gross margin of N/A% for the quarter that ended in Dec. 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.


Lancaster resources Gross Margin % Related Terms

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


Lancaster resources Business Description

Traded in Other Exchanges
Address
2569 Marine Drive, Vancouver, BC, CAN, V7V 1L5
Lancaster resources Inc is engaged in exploring energy transition metals, particularly lithium, to take advantage of the shifts toward decarbonization and electrification. Its goal is to identify, acquire, explore, and develop high-quality mineral-rich properties, integrating sustainable energy sources and technologies for climate-positive resource production. The company holds exclusive rights to acquire a 100% interest in the Alkali Flat lithium brine project situated in Lordsburg, New Mexico, USA.

Lancaster resources Headlines

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