HLTY (Precheck Health Service) Gross Profit: $0.08 Mil (TTM As of Sep. 2019)

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What is Precheck Health Service Gross Profit?

Precheck Health Service HLTY Gross Profit is $0.08 Mil as of Sep. 2019.

Precheck Health Service's gross profit for the three months ended in Sep. 2019 was $0.04 Mil. Precheck Health Service's gross profit for the trailing twelve months (TTM) ended in Sep. 2019 was $0.08 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Precheck Health Service's gross profit for the three months ended in Sep. 2019 was $0.04 Mil. Precheck Health Service's Revenue for the three months ended in Sep. 2019 was $0.07 Mil. Therefore, Precheck Health Service's Gross Margin % for the quarter that ended in Sep. 2019 was 56.92%.

Precheck Health Service had a gross margin of 56.92% for the quarter that ended in Sep. 2019 => Durable competitive advantage


Precheck Health Service  (GREY:HLTY) 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

Precheck Health Service had a gross margin of 56.92% for the quarter that ended in Sep. 2019 => Durable competitive advantage


Precheck Health Service Gross Profit Related Terms


Precheck Health Service Gross Profit Historical Data

* Premium members only.

The historical data trend for Precheck Health Service'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.

Precheck Health Service Gross Profit Chart

Precheck Health Service Annual Data
Trend Dec15 Dec16 Dec17 Dec18
Gross Profit
0.03 0.09 0.00 0.00

Precheck Health Service Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.00 0.00 0.03 0.01 0.04

HLTY vs AEMD, ABMT, LLIT: Gross Profit Comparison

For the Medical Devices subindustry, Precheck Health Service'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.


Precheck Health Service Gross Profit vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Precheck Health Service's Gross Profit distribution charts can be found below:

* The bar in red indicates where Precheck Health Service's Gross Profit falls into.



Precheck Health Service Gross Profit Calculation

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

Precheck Health Service'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
=0.07 - 0.07
=0.00

Precheck Health Service's Gross Profit for the quarter that ended in Sep. 2019 is calculated as

Gross Profit (Q: Sep. 2019 )=Revenue - Cost of Goods Sold
=0.065 - 0.028
=0.04

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.08 Mil.

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

Precheck Health Service's Gross Margin % for the quarter that ended in Sep. 2019 is calculated as

Gross Margin % (Q: Sep. 2019 )=Gross Profit (Q: Sep. 2019 ) / Revenue (Q: Sep. 2019 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.04 / 0.065
=56.92 %

* 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 $0.08 Mil mean?
Precheck Health Service (HLTY) has a Gross Profit of $0.08 Mil as of Sep. 2019. Gross Profit equals net sales less total cost of goods sold. View historical data on Precheck Health Service and its competitors.
Is Precheck Health Service's Gross Profit too high?
Precheck Health Service's current Gross Profit is $0.08 Mil.
How does Precheck Health Service's Gross Profit compare to AEMD and ABMT?
Precheck Health Service's Gross Profit of $0.08 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Gross Profit depends on the Medical Devices & Instruments 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 Precheck Health Service and its competitors. Precheck Health Service's current Gross Profit is $0.08 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Precheck Health Service stock overvalued right now?
Precheck Health Service (HLTY) has a current Gross Profit of $0.08 Mil. The current Gross Profit is $0.08 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 Precheck Health Service (HLTY), the current Gross Profit is $0.08 Mil as of Sep. 2019. 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.

Precheck Health Service Business Description

Address 305 West Woodard Street, Suite 221, Denison, TX, USA, 75020
Precheck Health Service Inc operates in the distribution of medical screening device. The PC8B medical device helps in guiding the patient's health.