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SHERF (Sherritt International) Gross Profit : $14.8 Mil (TTM As of Dec. 2024)


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What is Sherritt International Gross Profit?

Sherritt International's gross profit for the three months ended in Dec. 2024 was $1.3 Mil. Sherritt International's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $14.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sherritt International's gross profit for the three months ended in Dec. 2024 was $1.3 Mil. Sherritt International's Revenue for the three months ended in Dec. 2024 was $32.1 Mil. Therefore, Sherritt International's Gross Margin % for the quarter that ended in Dec. 2024 was 4.16%.

Sherritt International had a gross margin of 4.16% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Sherritt International was 13.92%. The lowest was -31.80%. And the median was -7.21%.


Sherritt International Gross Profit Historical Data

The historical data trend for Sherritt International'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.

Sherritt International Gross Profit Chart

Sherritt International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -29.75 -24.06 11.85 -31.46 14.25

Sherritt International Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -18.86 0.96 7.01 5.54 1.33

Competitive Comparison of Sherritt International's Gross Profit

For the Other Industrial Metals & Mining subindustry, Sherritt International'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.


Sherritt International's Gross Profit Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Sherritt International's Gross Profit falls into.


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Sherritt International Gross Profit Calculation

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

Sherritt International's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )=Revenue - Cost of Goods Sold
=111.462 - 97.213
=14.2

Sherritt International's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )=Revenue - Cost of Goods Sold
=32.077 - 30.743
=1.3

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $14.8 Mil.

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

Sherritt International's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1.3 / 32.077
=4.16 %

* 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.


Sherritt International  (OTCPK:SHERF) 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

Sherritt International had a gross margin of 4.16% for the quarter that ended in Dec. 2024 => No sustainable competitive advantage


Sherritt International Gross Profit Related Terms

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Sherritt International Business Description

Traded in Other Exchanges
Address
22 Adelaide Street West, Suite 4220, Toronto, ON, CAN, M5H 4E3
Sherritt International Corp is engaged in the mining and refining of nickel from lateritic ores with projects and operations in Europe, Asia, Cuba, North America, and others regions. Its segment includes Metals, Power, Oil and Gas, Technologies and Corporate. The Metals segment which generates the majority of the revenue is composed of mining, processing and refining activities of nickel and cobalt for its interest in Moa JV in Cuba and Canada. The Power segment represents the power operations in Cuba, including its interest in Energas; The Oil and Gas segment is exploring for oil and gas in Cuba and the Technologies segment represents the its technology group which delivers essential technical support for its operations.