GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Coolabah Metals Ltd (ASX:CBH) » Definitions » Gross Profit

Coolabah Metals (ASX:CBH) Gross Profit : A$0.03 Mil (TTM As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Coolabah Metals Gross Profit?

Coolabah Metals's gross profit for the six months ended in Dec. 2023 was A$0.03 Mil. Coolabah Metals's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.03 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Coolabah Metals's gross profit for the six months ended in Dec. 2023 was A$0.03 Mil. Coolabah Metals's Revenue for the six months ended in Dec. 2023 was A$0.03 Mil. Therefore, Coolabah Metals's Gross Margin % for the quarter that ended in Dec. 2023 was N/A%.

Coolabah Metals had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Coolabah Metals Gross Profit Historical Data

The historical data trend for Coolabah Metals'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.

* Premium members only.

Coolabah Metals Gross Profit Chart

Coolabah Metals Annual Data
Trend Jun22
Gross Profit
-

Coolabah Metals Semi-Annual Data
Dec21 Dec22 Jun23 Dec23
Gross Profit - 0.02 - 0.03

Competitive Comparison of Coolabah Metals's Gross Profit

For the Other Precious Metals & Mining subindustry, Coolabah Metals'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.


Coolabah Metals's Gross Profit Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Coolabah Metals's Gross Profit distribution charts can be found below:

* The bar in red indicates where Coolabah Metals's Gross Profit falls into.



Coolabah Metals Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Coolabah Metals's Gross Profit for the fiscal year that ended in Jun. 2022 is calculated as

Gross Profit (A: Jun. 2022 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Coolabah Metals's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=0.034 - 0
=0.03

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.03 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Coolabah Metals's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.03 / 0.034
=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.


Coolabah Metals  (ASX:CBH) 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

Coolabah Metals had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Coolabah Metals Gross Profit Related Terms

Thank you for viewing the detailed overview of Coolabah Metals's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Coolabah Metals Business Description

Traded in Other Exchanges
N/A
Address
216 St Georges Terrace, Level 8, London House, Perth, WA, AUS, 6000
Coolabah Metals Ltd is a minerals exploration company formed for the purpose of identifying, acquiring, and developing prospective copper, gold, and base metal assets throughout Australia. The company's project includes the Gunpowder Creek Project (NSW) which comprises four granted exploration licenses, the Nymagee Project (NSW) which comprises three granted exploration licenses, the Coolabah Project (NSW) which comprises four granted exploration licenses, Cannington Project (QLD) is located 130km SSE of Cloncurry comprised of two exploration licenses.