CI Investment Grade Bond ETF (TSX:FIG) Gross Profit : C$0.90 Mil (TTM As of Dec. 2015)

CI Investment Grade Bond ETF Gross Profit Chart

CI Investment Grade Bond ETF Semi-Annual Data
	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15
Gross Profit	Get a 7-Day Free Trial							4.09	10.88	0.64	2.73	-1.83

Competitive Comparison of CI Investment Grade Bond ETF's Gross Profit

For the Asset Management subindustry, CI Investment Grade Bond ETF'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.

CI Investment Grade Bond ETF's Gross Profit Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CI Investment Grade Bond ETF's Gross Profit distribution charts can be found below:

* The bar in red indicates where CI Investment Grade Bond ETF's Gross Profit falls into.

CI Investment Grade Bond ETF Gross Profit Calculation

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

CI Investment Grade Bond ETF's Gross Profit for the fiscal year that ended in Dec. 2015 is calculated as

CI Investment Grade Bond ETF's Gross Profit for the quarter that ended in Dec. 2015 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2015 adds up the semi-annually data reported by the company within the most recent 12 months, which was C$0.90 Mil.

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

CI Investment Grade Bond ETF's Gross Margin % for the quarter that ended in Dec. 2015 is calculated as

* 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.

CI Investment Grade Bond ETF  (TSX:FIG) 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

CI Investment Grade Bond ETF had a gross margin of 122.41% for the quarter that ended in Dec. 2015 => Durable competitive advantage

CI Investment Grade Bond ETF Gross Profit Related Terms

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CI Investment Grade Bond ETF (TSX:FIG) Business Description