SWYDF (Stornoway Diamond) Gross Profit: $23.6 Mil (TTM As of Jun. 2019)


What is Stornoway Diamond Gross Profit?

Stornoway Diamond SWYDF Gross Profit is $23.6 Mil as of Jun. 2019.

Stornoway Diamond's gross profit for the three months ended in Jun. 2019 was $84.4 Mil. Stornoway Diamond's gross profit for the trailing twelve months (TTM) ended in Jun. 2019 was $23.6 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Stornoway Diamond's gross profit for the three months ended in Jun. 2019 was $84.4 Mil. Stornoway Diamond's Revenue for the three months ended in Jun. 2019 was $142.5 Mil. Therefore, Stornoway Diamond's Gross Margin % for the quarter that ended in Jun. 2019 was 59.19%.

Stornoway Diamond had a gross margin of 59.19% for the quarter that ended in Jun. 2019 => Durable competitive advantage

Stornoway Diamond  (OTCPK:SWYDF) 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

Stornoway Diamond had a gross margin of 59.19% for the quarter that ended in Jun. 2019 => Durable competitive advantage

Stornoway Diamond Gross Profit Related Terms

Stornoway Diamond Gross Profit Historical Data

* Premium members only.

The historical data trend for Stornoway Diamond'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.

Stornoway Diamond Gross Profit Chart

Stornoway Diamond Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Dec16 Dec17 Dec18
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.16 -0.08 -0.08 37.02 -45.89

Stornoway Diamond Quarterly Data
Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 -13.71 -19.55 -22.94 -18.30 84.38

SWYDF vs DYNR, CTDT: Gross Profit Comparison

For the Other Precious Metals & Mining subindustry, Stornoway Diamond'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.

Stornoway Diamond Gross Profit vs Metals & Mining Industry

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

* The bar in red indicates where Stornoway Diamond's Gross Profit falls into.


Stornoway Diamond Gross Profit Calculation

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

Stornoway Diamond's Gross Profit for the fiscal year that ended in Dec. 2018 is calculated as

Gross Profit (A: Dec. 2018 )=Revenue - Cost of Goods Sold
=123.167 - 169.056
=-45.9

Stornoway Diamond's Gross Profit for the quarter that ended in Jun. 2019 is calculated as

Gross Profit (Q: Jun. 2019 )=Revenue - Cost of Goods Sold
=142.547 - 58.168
=84.4

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $23.6 Mil.

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

Stornoway Diamond's Gross Margin % for the quarter that ended in Jun. 2019 is calculated as

Gross Margin % (Q: Jun. 2019 )=Gross Profit (Q: Jun. 2019 ) / Revenue (Q: Jun. 2019 )
=(Revenue - Cost of Goods Sold) / Revenue
=84.4 / 142.547
=59.19 %

* 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 $23.6 Mil mean?
Stornoway Diamond (SWYDF) has a Gross Profit of $23.6 Mil as of Jun. 2019. Gross Profit equals net sales less total cost of goods sold. View historical data on Stornoway Diamond and its competitors.
Is Stornoway Diamond's Gross Profit too high?
Stornoway Diamond's current Gross Profit is $23.6 Mil.
How does Stornoway Diamond's Gross Profit compare to DYNR and CTDT?
Stornoway Diamond's Gross Profit of $23.6 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Gross Profit depends on the Metals & Mining 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 Stornoway Diamond and its competitors. Stornoway Diamond's current Gross Profit is $23.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stornoway Diamond stock overvalued right now?
Stornoway Diamond (SWYDF) has a current Gross Profit of $23.6 Mil. The current Gross Profit is $23.6 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 Stornoway Diamond (SWYDF), the current Gross Profit is $23.6 Mil as of Jun. 2019. 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.

Stornoway Diamond Business Description

Address 1111 St. Charles Street West, Tour Ouest, Suite 400, Longueuil, QC, CAN, J4K 5G4
Stornoway Diamond Corp is a leading Canadian diamond exploration and producing company. Its principal business is the development of its flagship asset, the fully-owned Renard Mine, located in Quebec, Canada. The company intends to grow its business through the exploration and development of its mines. Stornoway also holds interests in a portfolio of exploration assets across Canada through owned properties and joint ventures. These properties and joint ventures include projects such as Adamantin, Qilalugaq and Pikoo.