Orinoco Gold (ASX:OGX) Gross Profit: A$0.00 Mil (TTM As of Jun. 2018)

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What is Orinoco Gold Gross Profit?

Orinoco Gold ASX:OGX Gross Profit is A$0.00 Mil as of Jun. 2018. The stock has 3 warning signs investors should review.

Orinoco Gold's gross profit for the six months ended in Jun. 2018 was A$0.00 Mil. Orinoco Gold's gross profit for the trailing twelve months (TTM) ended in Jun. 2018 was A$0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Orinoco Gold's gross profit for the six months ended in Jun. 2018 was A$0.00 Mil. Orinoco Gold's Revenue for the six months ended in Jun. 2018 was A$0.00 Mil. Therefore, Orinoco Gold's Gross Margin % for the quarter that ended in Jun. 2018 was N/A%.

Orinoco Gold had a gross margin of N/A% for the quarter that ended in Jun. 2018 => No sustainable competitive advantage


Orinoco Gold  (ASX:OGX) 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

Orinoco Gold had a gross margin of N/A% for the quarter that ended in Jun. 2018 => No sustainable competitive advantage


Orinoco Gold Gross Profit Related Terms


Orinoco Gold Gross Profit Historical Data

* Premium members only.

The historical data trend for Orinoco Gold'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.

Orinoco Gold Gross Profit Chart

Orinoco Gold Annual Data
Trend Jun12 Jun13 Dec15 Dec16 Dec17 Dec18
Gross Profit
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Orinoco Gold Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
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 0.00 0.02 0.00 0.00 0.00

ASX:OGX vs LSMG: Gross Profit Comparison

For the Other Industrial Metals & Mining subindustry, Orinoco Gold'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.


Orinoco Gold Gross Profit vs Metals & Mining Industry

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

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



Orinoco Gold Gross Profit Calculation

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

Orinoco Gold's Gross Profit for the fiscal year that ended in Dec. 2018 is calculated as

Gross Profit (A: Dec. 2018 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Orinoco Gold's Gross Profit for the quarter that ended in Jun. 2018 is calculated as

Gross Profit (Q: Jun. 2018 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 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.)

Orinoco Gold's Gross Margin % for the quarter that ended in Jun. 2018 is calculated as

Gross Margin % (Q: Jun. 2018 )=Gross Profit (Q: Jun. 2018 ) / Revenue (Q: Jun. 2018 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.00 / 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 Profit →
What does a Gross Profit of A$0.00 Mil mean?
Orinoco Gold (ASX:OGX) has a Gross Profit of A$0.00 Mil as of Jun. 2018. Gross Profit equals net sales less total cost of goods sold. View historical data on Orinoco Gold and its competitors.
Is Orinoco Gold's Gross Profit too high?
Orinoco Gold's current Gross Profit is A$0.00 Mil.
How does Orinoco Gold's Gross Profit compare to LSMG?
Orinoco Gold's Gross Profit of A$0.00 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Gross Profit depends on the Metals & Mining 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 Orinoco Gold and its competitors. Orinoco Gold's current Gross Profit is A$0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orinoco Gold stock overvalued right now?
Orinoco Gold (ASX:OGX) has a current Gross Profit of A$0.00 Mil. The current Gross Profit is A$0.00 Mil. 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 Orinoco Gold (ASX:OGX), the current Gross Profit is A$0.00 Mil as of Jun. 2018. 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.

Orinoco Gold Business Description

Address 9/448 Roberts Road, Subiaco, WA, AUS, 6008
Orinoco Gold Ltd is a Brazilian-focused gold company. It is focussed on mining the Cascavel gold mine as well as unlocking the Faina Goldfields Project (Faina Project) located in the central Brazilian State of Goias. The company's segments include Gold and All Other. The Faina Project consists of a large tenement package of over 50 tenements that encompass the key Cascavel, Sertao and Tinteiro Projects, as well as numerous advanced gold exploration targets including Espanola, Elisio, Antenna, and Xupe.