Victoria Oil & Gas (Victoria Oil & Gas) Gross Profit : $4.28 Mil (TTM As of Jun. 2021)

Victoria Oil & Gas Gross Profit Chart

Victoria Oil & Gas Annual Data
	Trend	May11	May12	May13	May14	May15	Dec16	Dec17	Dec18	Dec19	Dec20
Gross Profit		Get a 7-Day Free Trial					6.13	1.11	-0.18	1.83	9.62

Victoria Oil & Gas Semi-Annual Data
	Nov11	May12	Nov12	May13	Nov13	May14	Nov14	May15	Nov15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Gross Profit	Get a 7-Day Free Trial															5.88	-4.05	10.96	-1.34	5.62

Competitive Comparison of Victoria Oil & Gas's Gross Profit

For the Oil & Gas Integrated subindustry, Victoria Oil & Gas'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.

Victoria Oil & Gas's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Victoria Oil & Gas's Gross Profit distribution charts can be found below:

* The bar in red indicates where Victoria Oil & Gas's Gross Profit falls into.

Victoria Oil & Gas Gross Profit Calculation

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

Victoria Oil & Gas's Gross Profit for the fiscal year that ended in Dec. 2020 is calculated as

Victoria Oil & Gas's Gross Profit for the quarter that ended in Jun. 2021 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2021 adds up the semi-annually data reported by the company within the most recent 12 months, which was $4.28 Mil.

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

Victoria Oil & Gas's Gross Margin % for the quarter that ended in Jun. 2021 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.

Victoria Oil & Gas  (OTCPK:VCOGF) 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

Victoria Oil & Gas had a gross margin of 78.58% for the quarter that ended in Jun. 2021 => Durable competitive advantage

Victoria Oil & Gas Gross Profit Related Terms

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Victoria Oil & Gas (Victoria Oil & Gas) Business Description