American Resources's gross profit for the
three
months ended in Sep. 2024 was $-2.43 Mil. American Resources's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $-7.23 Mil.
American Resources had a gross margin of -1,032.34% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage
During the past 10 years, the highestGross Margin % of American Resources was 44.90%. The lowest was -1810.78%. And the median was 3.23%.
American Resources Gross Profit Historical Data
The historical data trend for American Resources's Gross Profit 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.
Competitive Comparison of American Resources's Gross Profit
For the Coking Coal subindustry, American Resources's Gross Profit, along with its competitors' market caps and Gross Profit 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.
American Resources's Gross Profit Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, American Resources's Gross Profit distribution charts can be found below:
* The bar in red indicates where American Resources's Gross Profit falls into.
American Resources Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
American Resources's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.23 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
American Resources (NAS:AREC) Gross Profit 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
American Resources had a gross margin of -1,032.34% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage
American Resources Gross Profit Related Terms
Thank you for viewing the detailed overview of American Resources's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
American Resources Corp is a next-generation, environmentally, and socially responsible supplier of high-quality raw materials to the new infrastructure market. The firm is focused on the extraction and processing of metallurgical carbon, an essential ingredient used in steelmaking, critical and rare earth minerals for the electrification market, and reprocessed metal to be recycled. The firm has a growing portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia where premium quality metallurgical carbon and rare earth mineral deposits are concentrated. Its business model provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure and electrification markets.
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