GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Strategic Asset Leasing Inc (OTCPK:LEAS) » Definitions » Gross Profit

Strategic Asset Leasing (Strategic Asset Leasing) Gross Profit : $0.30 Mil (TTM As of Dec. 2092)


View and export this data going back to 2006. Start your Free Trial

What is Strategic Asset Leasing Gross Profit?

Strategic Asset Leasing's gross profit for the three months ended in Dec. 2092 was $0.00 Mil. Strategic Asset Leasing's gross profit for the trailing twelve months (TTM) ended in Dec. 2092 was $0.30 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Strategic Asset Leasing's gross profit for the three months ended in Dec. 2092 was $0.00 Mil. Strategic Asset Leasing's Revenue for the three months ended in Dec. 2092 was $0.00 Mil. Therefore, Strategic Asset Leasing's Gross Margin % for the quarter that ended in Dec. 2092 was N/A%.

Strategic Asset Leasing had a gross margin of N/A% for the quarter that ended in Dec. 2092 => No sustainable competitive advantage


Strategic Asset Leasing Gross Profit Historical Data

The historical data trend for Strategic Asset Leasing'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.

* Premium members only.

Strategic Asset Leasing Gross Profit Chart

Strategic Asset Leasing Annual Data
Trend Dec89 Dec90 Dec91 Dec92
Gross Profit
-0.50 -0.10 0.60 0.10

Strategic Asset Leasing Quarterly Data
Mar89 Jun89 Sep89 Dec89 Mar90 Jun90 Sep90 Dec90 Mar91 Jun91 Sep91 Dec91 Mar92 Jun92 Sep92 Dec92
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 0.20 0.10 0.10 0.10 -

Competitive Comparison of Strategic Asset Leasing's Gross Profit

For the Rental & Leasing Services subindustry, Strategic Asset Leasing'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.


Strategic Asset Leasing's Gross Profit Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Strategic Asset Leasing's Gross Profit distribution charts can be found below:

* The bar in red indicates where Strategic Asset Leasing's Gross Profit falls into.



Strategic Asset Leasing Gross Profit Calculation

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

Strategic Asset Leasing's Gross Profit for the fiscal year that ended in Dec. 2092 is calculated as

Gross Profit (A: Dec. 2092 )=Revenue - Cost of Goods Sold
=0.1 - 0
=0.10

Strategic Asset Leasing's Gross Profit for the quarter that ended in Dec. 2092 is calculated as

Gross Profit (Q: Dec. 2092 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2092 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.30 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.)

Strategic Asset Leasing's Gross Margin % for the quarter that ended in Dec. 2092 is calculated as

Gross Margin % (Q: Dec. 2092 )=Gross Profit (Q: Dec. 2092 ) / Revenue (Q: Dec. 2092 )
=(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.


Strategic Asset Leasing  (OTCPK:LEAS) 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

Strategic Asset Leasing had a gross margin of N/A% for the quarter that ended in Dec. 2092 => No sustainable competitive advantage


Strategic Asset Leasing Gross Profit Related Terms

Thank you for viewing the detailed overview of Strategic Asset Leasing's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Strategic Asset Leasing (Strategic Asset Leasing) Business Description

Traded in Other Exchanges
N/A
Address
13576 Walnut Street, Suite A, Omaha, NE, USA, 68144
Strategic Asset Leasing Inc is a United States-based development stage company. It is principally focused on the business activities to engage in the leasing and rental of general and miscellaneous business equipment.

Strategic Asset Leasing (Strategic Asset Leasing) Headlines

From GuruFocus

Strategic Asset Leasing Inc. Secures Development Contract

By ACCESSWIRE ACCESSWIRE 09-16-2020

Strategic Asset Leasing Inc. Enters Into Additional LOI

By ACCESSWIRE ACCESSWIRE 09-25-2020

Strategic Asset Leasing Inc. Joins IoT Tech Expo

By ACCESSWIRE ACCESSWIRE 09-02-2020

Strategic Asset Leasing Inc. Enters Into MOU

By ACCESSWIRE ACCESSWIRE 09-30-2020

Strategic Asset Leasing Inc. Announces Cryptocurrency Launch

By ACCESSWIRE ACCESSWIRE 10-06-2020

Strategic Asset Leasing Announces Patent Submission

By ACCESSWIRE ACCESSWIRE 08-20-2020

Strategic Asset Leasing Inc. Enters Into Cannabis Tech Venture

By ACCESSWIRE ACCESSWIRE 09-10-2020