CVST (Covista Communications) Gross Profit: $23.99 Mil (TTM As of Apr. 2005)

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What is Covista Communications Gross Profit?

Covista Communications CVST -99.67% Gross Profit is $23.99 Mil as of Apr. 2005.

Covista Communications's gross profit for the three months ended in Apr. 2005 was $5.22 Mil. Covista Communications's gross profit for the trailing twelve months (TTM) ended in Apr. 2005 was $23.99 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Covista Communications's gross profit for the three months ended in Apr. 2005 was $5.22 Mil. Covista Communications's Revenue for the three months ended in Apr. 2005 was $11.25 Mil. Therefore, Covista Communications's Gross Margin % for the quarter that ended in Apr. 2005 was 46.41%.

Covista Communications had a gross margin of 46.41% for the quarter that ended in Apr. 2005 => Durable competitive advantage


Covista Communications  (OTCPK:CVST) 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

Covista Communications had a gross margin of 46.41% for the quarter that ended in Apr. 2005 => Durable competitive advantage


Covista Communications Gross Profit Related Terms


Covista Communications Gross Profit Historical Data

* Premium members only.

The historical data trend for Covista Communications'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.

Covista Communications Gross Profit Chart

Covista Communications Annual Data
Trend Jan96 Jan97 Jan98 Jan99 Jan00 Jan01 Jan02 Jan03 Jan04 Jan05
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.75 18.84 34.29 36.72 27.01

Covista Communications Quarterly Data
Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05
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 8.24 8.38 5.92 4.47 5.22

CVST vs FULO, TWER, DTGI: Gross Profit Comparison

For the Telecom Services subindustry, Covista Communications'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.


Covista Communications Gross Profit vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Covista Communications's Gross Profit distribution charts can be found below:

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



Covista Communications Gross Profit Calculation

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

Covista Communications's Gross Profit for the fiscal year that ended in Jan. 2005 is calculated as

Gross Profit (A: Jan. 2005 )=Revenue - Cost of Goods Sold
=59.84 - 32.833
=27.01

Covista Communications's Gross Profit for the quarter that ended in Apr. 2005 is calculated as

Gross Profit (Q: Apr. 2005 )=Revenue - Cost of Goods Sold
=11.253 - 6.031
=5.22

Gross Profit for the trailing twelve months (TTM) ended in Apr. 2005 adds up the quarterly data reported by the company within the most recent 12 months, which was $23.99 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Covista Communications's Gross Margin % for the quarter that ended in Apr. 2005 is calculated as

Gross Margin % (Q: Apr. 2005 )=Gross Profit (Q: Apr. 2005 ) / Revenue (Q: Apr. 2005 )
=(Revenue - Cost of Goods Sold) / Revenue
=5.22 / 11.253
=46.41 %

* 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 $23.99 Mil mean?
Covista Communications (CVST) has a Gross Profit of $23.99 Mil as of Apr. 2005. Gross Profit equals net sales less total cost of goods sold. View historical data on Covista Communications and its competitors.
Is Covista Communications' Gross Profit too high?
Covista Communications' current Gross Profit is $23.99 Mil.
How does Covista Communications' Gross Profit compare to FULO and TWER?
Covista Communications' Gross Profit of $23.99 Mil can be compared against companies in the Telecommunication 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 Telecommunication Services company?
A good Gross Profit depends on the Telecommunication 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 Covista Communications and its competitors. Covista Communications's current Gross Profit is $23.99 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Covista Communications stock overvalued right now?
Covista Communications (CVST) has a current Gross Profit of $23.99 Mil. The current Gross Profit is $23.99 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 Covista Communications (CVST), the current Gross Profit is $23.99 Mil as of Apr. 2005. 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.

Covista Communications Business Description

Address 735 Broad Street, Unit 306, Chattanooga, TN, USA, 37402
Covista Communications Inc is a telecommunication service provider. Its products and services include voice, data, and internet solutions, including local, long-distance, and toll-free services, calling card, frame relay, Internet access, & directory assistance.