Inner East Community Finance (XNEC:IEC) Gross Margin %: 0.00% (As of Jun. 2024)

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XNEC:IEC Inner East Community Finance Ltd XNEC:IEC
17 GF Score
Price A$1.50
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What is Inner East Community Finance Gross Margin %?

Inner East Community Finance XNEC:IEC 17 Gross Margin % is 0.00% as of Jun. 2024. GuruFocus rates XNEC:IEC with a GF Score™ of 17/100.

Gross Margin % is calculated as gross profit divided by its revenue. Inner East Community Finance's Gross Profit for the six months ended in Jun. 2024 was A$0.00 Mil. Inner East Community Finance's Revenue for the six months ended in Jun. 2024 was A$0.00 Mil. Therefore, Inner East Community Finance's Gross Margin % for the quarter that ended in Jun. 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 Inner East Community Finance's Gross Margin % or its related term are showing as below:


XNEC:IEC's Gross Margin % is not ranked *
in the Construction industry.
Industry Median: 20.77
* Ranked among companies with meaningful Gross Margin % only.

Inner East Community Finance had a gross margin of N/A% for the quarter that ended in Jun. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Inner East Community Finance was 0.00% per year.


Inner East Community Finance  (XNEC:IEC) 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

Inner East Community Finance had a gross margin of N/A% for the quarter that ended in Jun. 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.


Inner East Community Finance Gross Margin % Related Terms


Inner East Community Finance Gross Margin % Historical Data

* Premium members only.

The historical data trend for Inner East Community Finance'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.

Inner East Community Finance Gross Margin % Chart

Inner East Community Finance Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.40 30.33 0.00 0.00 0.00

Inner East Community Finance Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.00 0.00 0.00 0.00 0.00

XNEC:IEC vs PWR, EME, FIX: Gross Margin % Comparison

For the Engineering & Construction subindustry, Inner East Community Finance'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.


Inner East Community Finance Gross Margin % vs Construction Industry

For the Construction industry and Industrials sector, Inner East Community Finance's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Inner East Community Finance's Gross Margin % falls into.


XNEC:IEC
17GF Score
Inner East Community Finance Ltd XNEC:IEC
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Inner East Community Finance 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.)

Inner East Community Finance's Gross Margin for the fiscal year that ended in Jun. 2024 is calculated as

Gross Margin % (A: Jun. 2024 )=Gross Profit (A: Jun. 2024 ) / Revenue (A: Jun. 2024 )
=0 / 0.029
=(Revenue - Cost of Goods Sold) / Revenue
=(0.029 - 0) / 0.029
=N/A %

Inner East Community Finance's Gross Margin for the quarter that ended in Jun. 2024 is calculated as


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

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 0.00% mean?
Inner East Community Finance (XNEC:IEC) has a Gross Margin % of 0.00% as of Jun. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on Inner East Community Finance and its competitors.
Is Inner East Community Finance's Gross Margin % too high?
Inner East Community Finance's current Gross Margin % is 0.00%. Overall, Inner East Community Finance has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Inner East Community Finance's Gross Margin % compare to PWR and EME?
Inner East Community Finance's Gross Margin % of 0.00% can be compared against companies in the Construction industry. The industry median Gross Margin % is 20.77. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Construction company?
The median Gross Margin % among Construction companies is 20.77, based on 1,723 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Inner East Community Finance and its competitors. For the Construction industry, the median Gross Margin % is 20.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inner East Community Finance's current Gross Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inner East Community Finance stock overvalued right now?
Inner East Community Finance (XNEC:IEC) has a current Gross Margin % of 0.00%. The current Gross Margin % is 0.00%. Inner East Community Finance's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Inner East Community Finance (XNEC:IEC), the current Gross Margin % is 0.00% as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Inner East Community Finance Business Description

Address 143 Maling Road, Canterbury, Melbourne, VIC, AUS, 3126
Inner East Community Finance Ltd is engaged in providing community bank branch services under management rights to operate four franchised branches of Bendigo and Adelaide Bank Limited in Canterbury, Surrey Hills, Ashburton, and Balwyn, Victoria. The company focuses on delivering banking and social enterprise services, while maximising profits and returning shareholder value. It offers traditional banking products and services such as home loans, credit cards, accounts, insurance, personal and business loans, etc, and directs a substantial portion of its profits back into the local community through grants and sponsorships.
17GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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