RITT (RIT Technologies) Gross Profit: $4.89 Mil (TTM As of Sep. 2015)

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What is RIT Technologies Gross Profit?

RIT Technologies RITT Gross Profit is $4.89 Mil as of Sep. 2015.

RIT Technologies's gross profit for the three months ended in Sep. 2015 was $2.01 Mil. RIT Technologies's gross profit for the trailing twelve months (TTM) ended in Sep. 2015 was $4.89 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. RIT Technologies's gross profit for the three months ended in Sep. 2015 was $2.01 Mil. RIT Technologies's Revenue for the three months ended in Sep. 2015 was $4.32 Mil. Therefore, RIT Technologies's Gross Margin % for the quarter that ended in Sep. 2015 was 46.46%.

RIT Technologies had a gross margin of 46.46% for the quarter that ended in Sep. 2015 => Durable competitive advantage


RIT Technologies  (OTCPK:RITT) 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

RIT Technologies had a gross margin of 46.46% for the quarter that ended in Sep. 2015 => Durable competitive advantage


RIT Technologies Gross Profit Related Terms


RIT Technologies Gross Profit Historical Data

* Premium members only.

The historical data trend for RIT Technologies'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.

RIT Technologies Gross Profit Chart

RIT Technologies Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.08 6.23 1.37 3.32 1.42

RIT Technologies Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.84 -0.75 1.51 2.12 2.01

RITT vs OSAT, GTXO, DGDM: Gross Profit Comparison

For the Communication Equipment subindustry, RIT Technologies'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.


RIT Technologies Gross Profit vs Hardware Industry

For the Hardware industry and Technology sector, RIT Technologies's Gross Profit distribution charts can be found below:

* The bar in red indicates where RIT Technologies's Gross Profit falls into.



RIT Technologies Gross Profit Calculation

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

RIT Technologies's Gross Profit for the fiscal year that ended in Dec. 2014 is calculated as

Gross Profit (A: Dec. 2014 )=Revenue - Cost of Goods Sold
=6.619 - 5.196
=1.42

RIT Technologies's Gross Profit for the quarter that ended in Sep. 2015 is calculated as

Gross Profit (Q: Sep. 2015 )=Revenue - Cost of Goods Sold
=4.322 - 2.314
=2.01

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.89 Mil.

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

RIT Technologies's Gross Margin % for the quarter that ended in Sep. 2015 is calculated as

Gross Margin % (Q: Sep. 2015 )=Gross Profit (Q: Sep. 2015 ) / Revenue (Q: Sep. 2015 )
=(Revenue - Cost of Goods Sold) / Revenue
=2.01 / 4.322
=46.46 %

* 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 $4.89 Mil mean?
RIT Technologies (RITT) has a Gross Profit of $4.89 Mil as of Sep. 2015. Gross Profit equals net sales less total cost of goods sold. View historical data on RIT Technologies and its competitors.
Is RIT Technologies' Gross Profit too high?
RIT Technologies' current Gross Profit is $4.89 Mil.
How does RIT Technologies' Gross Profit compare to OSAT and GTXO?
RIT Technologies' Gross Profit of $4.89 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Gross Profit depends on the Hardware 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 RIT Technologies and its competitors. RIT Technologies's current Gross Profit is $4.89 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RIT Technologies stock overvalued right now?
RIT Technologies (RITT) has a current Gross Profit of $4.89 Mil. The current Gross Profit is $4.89 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 RIT Technologies (RITT), the current Gross Profit is $4.89 Mil as of Sep. 2015. 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.

RIT Technologies Business Description

Address 24 Raoul Wallenberg Street, Tel Aviv, ISR, 69719
RIT Technologies Ltd provides Intelligent Infrastructure Management solutions and develops indoor optical wireless technology solutions. The company's products include PatchView that provides security and network utilization for data centers, communication rooms and work space environments; and Beamcaster that provides IWON technology solutions mainly for open-space offices. Its Intelligent Infrastructure Management solutions are deployed in various organizations including data centers in the private sector, government agencies, financial institutions, airport authorities, healthcare and education institutions.