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Southridge Enterprises (Southridge Enterprises) Gross Profit : $2.83 Mil (TTM As of May. 2008)


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What is Southridge Enterprises Gross Profit?

Southridge Enterprises's gross profit for the three months ended in May. 2008 was $2.83 Mil. Southridge Enterprises's gross profit for the trailing twelve months (TTM) ended in May. 2008 was $2.83 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Southridge Enterprises's gross profit for the three months ended in May. 2008 was $2.83 Mil. Southridge Enterprises's Revenue for the three months ended in May. 2008 was $6.72 Mil. Therefore, Southridge Enterprises's Gross Margin % for the quarter that ended in May. 2008 was 42.08%.

Southridge Enterprises had a gross margin of 42.08% for the quarter that ended in May. 2008 => Durable competitive advantage


Southridge Enterprises Gross Profit Historical Data

The historical data trend for Southridge Enterprises'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.

Southridge Enterprises Gross Profit Chart

Southridge Enterprises Annual Data
Trend Aug06 Aug07
Gross Profit
- -

Southridge Enterprises Quarterly Data
Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - 2.83

Competitive Comparison of Southridge Enterprises's Gross Profit

For the Other Industrial Metals & Mining subindustry, Southridge Enterprises'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.


Southridge Enterprises's Gross Profit Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Southridge Enterprises's Gross Profit falls into.



Southridge Enterprises Gross Profit Calculation

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

Southridge Enterprises's Gross Profit for the fiscal year that ended in Aug. 2007 is calculated as

Gross Profit (A: Aug. 2007 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Southridge Enterprises's Gross Profit for the quarter that ended in May. 2008 is calculated as

Gross Profit (Q: May. 2008 )=Revenue - Cost of Goods Sold
=6.72 - 3.892
=2.83

Gross Profit for the trailing twelve months (TTM) ended in May. 2008 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.83 Mil.

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

Southridge Enterprises's Gross Margin % for the quarter that ended in May. 2008 is calculated as

Gross Margin % (Q: May. 2008 )=Gross Profit (Q: May. 2008 ) / Revenue (Q: May. 2008 )
=(Revenue - Cost of Goods Sold) / Revenue
=2.83 / 6.72
=42.08 %

* 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.


Southridge Enterprises  (GREY:SRGE) 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

Southridge Enterprises had a gross margin of 42.08% for the quarter that ended in May. 2008 => Durable competitive advantage


Southridge Enterprises Gross Profit Related Terms

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Southridge Enterprises (Southridge Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
3625 N. Hall Street, Suite 900, Dallas, TX, USA, 75219
Southridge Enterprises Inc is a mining exploration and development company formed to acquire, develop, and exploit natural resource properties.

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