Metlifecare (ASX:MEQ) Gross Profit: A$126.77 Mil (TTM As of Jun. 2020)

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What is Metlifecare Gross Profit?

Metlifecare ASX:MEQ 4 Gross Profit is A$126.77 Mil as of Jun. 2020. GuruFocus rates ASX:MEQ with a GF Score™ of 4/100. The stock has 8 warning signs investors should review.

Metlifecare's gross profit for the six months ended in Jun. 2020 was A$64.20 Mil. Metlifecare's gross profit for the trailing twelve months (TTM) ended in Jun. 2020 was A$126.77 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Metlifecare's gross profit for the six months ended in Jun. 2020 was A$64.20 Mil. Metlifecare's Revenue for the six months ended in Jun. 2020 was A$64.20 Mil. Therefore, Metlifecare's Gross Margin % for the quarter that ended in Jun. 2020 was N/A%.

Metlifecare had a gross margin of N/A% for the quarter that ended in Jun. 2020 => No sustainable competitive advantage


Metlifecare  (ASX:MEQ) 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

Metlifecare had a gross margin of N/A% for the quarter that ended in Jun. 2020 => No sustainable competitive advantage


Metlifecare Gross Profit Related Terms


Metlifecare Gross Profit Historical Data

* Premium members only.

The historical data trend for Metlifecare'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.

Metlifecare Gross Profit Chart

Metlifecare Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.81 102.99 106.54 118.13 125.19

Metlifecare Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
Gross Profit 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 54.24 0.00 0.00 62.58 64.20

ASX:MEQ vs HCA, DVA, UHS: Gross Profit Comparison

For the Medical Care Facilities subindustry, Metlifecare'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.


Metlifecare Gross Profit vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Metlifecare's Gross Profit distribution charts can be found below:

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



Metlifecare Gross Profit Calculation

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

Metlifecare's Gross Profit for the fiscal year that ended in Jun. 2020 is calculated as

Gross Profit (A: Jun. 2020 )=Revenue - Cost of Goods Sold
=125.193 - 0
=125.19

Metlifecare's Gross Profit for the quarter that ended in Jun. 2020 is calculated as

Gross Profit (Q: Jun. 2020 )=Revenue - Cost of Goods Sold
=64.196 - 0
=64.20

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2020 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$126.77 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.)

Metlifecare's Gross Margin % for the quarter that ended in Jun. 2020 is calculated as

Gross Margin % (Q: Jun. 2020 )=Gross Profit (Q: Jun. 2020 ) / Revenue (Q: Jun. 2020 )
=(Revenue - Cost of Goods Sold) / Revenue
=64.20 / 64.196
=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 Profit →
What does a Gross Profit of A$126.77 Mil mean?
Metlifecare (ASX:MEQ) has a Gross Profit of A$126.77 Mil as of Jun. 2020. Gross Profit equals net sales less total cost of goods sold. View historical data on Metlifecare and its competitors.
Is Metlifecare's Gross Profit too high?
Metlifecare's current Gross Profit is A$126.77 Mil. Overall, Metlifecare has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Metlifecare's Gross Profit compare to HCA and DVA?
Metlifecare's Gross Profit of A$126.77 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Healthcare Providers & Services company?
A good Gross Profit depends on the Healthcare Providers & Services industry context. However, Gross Profit 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 Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Metlifecare and its competitors. Metlifecare's current Gross Profit is A$126.77 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metlifecare stock overvalued right now?
Metlifecare (ASX:MEQ) has a current Gross Profit of A$126.77 Mil. The current Gross Profit is A$126.77 Mil. Metlifecare's overall GF Score™ is 4/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Metlifecare (ASX:MEQ), the current Gross Profit is A$126.77 Mil as of Jun. 2020. 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.

Metlifecare Business Description

Address 20 Kent Street, Level 4, Newmarket, Auckland, NTL, NZL, 1023
Metlifecare Ltd operates retirement communities throughout New Zealand. It generates revenue from membership fees and rest home, hospital and service, and village fees. Metlifecare's membership fees are paid by residents of independent living units and serviced apartments and allow residents to use common facilities. Its largest single customer is the New Zealand government, which pays fees on behalf of residents eligible for government subsidized elderly care. The majority of Metlifecare's retirement villages are located in Auckland.