Oakbay Resources and Energy (JSE:46926) Gross Profit : R48.6 Mil (TTM As of Feb. 2017)

Oakbay Resources and Energy Gross Profit Chart

Competitive Comparison of Oakbay Resources and Energy's Gross Profit

For the Other Industrial Metals & Mining subindustry, Oakbay Resources and Energy'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.

Oakbay Resources and Energy's Gross Profit Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Oakbay Resources and Energy's Gross Profit falls into.

Oakbay Resources and Energy Gross Profit Calculation

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

Oakbay Resources and Energy's Gross Profit for the fiscal year that ended in Feb. 2017 is calculated as

Oakbay Resources and Energy's Gross Profit for the quarter that ended in Feb. 2017 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Feb. 2017 adds up the semi-annually data reported by the company within the most recent 12 months, which was R48.6 Mil.

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

Oakbay Resources and Energy's Gross Margin % for the quarter that ended in Feb. 2017 is calculated as

* 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.

Oakbay Resources and Energy  (JSE:46926) 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

Oakbay Resources and Energy had a gross margin of -14.78% for the quarter that ended in Feb. 2017 => No sustainable competitive advantage

Oakbay Resources and Energy Gross Profit Related Terms

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Oakbay Resources and Energy (JSE:46926) Business Description