US Residential Fund's gross profit for the
six
months ended in Dec. 2018 was A$-0.06 Mil. US Residential Fund's gross profit for the trailing twelve months (TTM) ended in Dec. 2018 was A$-0.18 Mil.
US Residential Fund had a gross margin of -50.41% for the quarter that ended in Dec. 2018 => No sustainable competitive advantage
US Residential Fund Gross Profit Historical Data
The historical data trend for US Residential Fund'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 US Residential Fund's Gross Profit
For the REIT - Residential subindustry, US Residential Fund'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.
US Residential Fund's Gross Profit Distribution in the REITs Industry
For the REITs industry and Real Estate sector, US Residential Fund's Gross Profit distribution charts can be found below:
* The bar in red indicates where US Residential Fund's Gross Profit falls into.
US Residential Fund Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
US Residential Fund's Gross Profit for the fiscal year that ended in Dec. 2018 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-0.18 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.
US Residential Fund (ASX:USR) 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
US Residential Fund had a gross margin of -50.41% for the quarter that ended in Dec. 2018 => No sustainable competitive advantage
US Residential Fund Gross Profit Related Terms
Thank you for viewing the detailed overview of US Residential Fund's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
US Residential Fund (ASX:USR) Business Description
US Residential Fund is a real estate investment trust. The group operates in the United States residential property market. The investment objectives of the fund are expanding and diversifying in the US residential market through direct and indirect property investments, utilizing both debt and equity instruments to facilitate the transactions.
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