VTDRF (Vantage Drilling International) Gross Profit: $-0.5 Mil (TTM As of Dec. 2022)

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VTDRF Vantage Drilling International Ltd VTDRF
8 GF Score
Price $18.50
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What is Vantage Drilling International Gross Profit?

Vantage Drilling International VTDRF 8 Gross Profit is $-0.5 Mil as of Dec. 2022. GuruFocus rates VTDRF with a GF Score™ of 8/100.

Vantage Drilling International's gross profit for the six months ended in Dec. 2022 was $-0.5 Mil. Vantage Drilling International's gross profit for the trailing twelve months (TTM) ended in Dec. 2022 was $-0.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Vantage Drilling International's gross profit for the six months ended in Dec. 2022 was $-0.5 Mil. Vantage Drilling International's Revenue for the six months ended in Dec. 2022 was $278.7 Mil. Therefore, Vantage Drilling International's Gross Margin % for the quarter that ended in Dec. 2022 was -0.20%.

Vantage Drilling International had a gross margin of -0.20% for the quarter that ended in Dec. 2022 => No sustainable competitive advantage


Vantage Drilling International  (OTCPK:VTDRF) 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

Vantage Drilling International had a gross margin of -0.20% for the quarter that ended in Dec. 2022 => No sustainable competitive advantage


Vantage Drilling International Gross Profit Related Terms


Vantage Drilling International Gross Profit Historical Data

* Premium members only.

The historical data trend for Vantage Drilling 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.

Vantage Drilling International Gross Profit Chart

Vantage Drilling International Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.74 530.14 -91.44 -48.49 -0.54

Vantage Drilling International Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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 -15.74 530.14 -91.44 -48.49 -0.54

VTDRF vs SOC, NBR, NE: Gross Profit Comparison

For the Oil & Gas Drilling subindustry, Vantage Drilling 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.


Vantage Drilling International Gross Profit vs Oil & Gas Industry

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

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


VTDRF
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Vantage Drilling International Ltd VTDRF
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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Vantage Drilling International Gross Profit Calculation

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

Vantage Drilling International's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=278.716 - 279.26
=-0.5

Vantage Drilling International's Gross Profit for the quarter that ended in Dec. 2022 is calculated as

Gross Profit (Q: Dec. 2022 )=Revenue - Cost of Goods Sold
=278.716 - 279.26
=-0.5

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Dec. 2022 was $-0.5 Mil.

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

Vantage Drilling International's Gross Margin % for the quarter that ended in Dec. 2022 is calculated as

Gross Margin % (Q: Dec. 2022 )=Gross Profit (Q: Dec. 2022 ) / Revenue (Q: Dec. 2022 )
=(Revenue - Cost of Goods Sold) / Revenue
=-0.5 / 278.716
=-0.20 %

* 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 $-0.5 Mil mean?
Vantage Drilling International (VTDRF) has a Gross Profit of $-0.5 Mil as of Dec. 2022. Gross Profit equals net sales less total cost of goods sold. View historical data on Vantage Drilling International and its competitors.
Is Vantage Drilling International's Gross Profit too high?
Vantage Drilling International's current Gross Profit is $-0.5 Mil. Overall, Vantage Drilling International has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Vantage Drilling International's Gross Profit compare to SOC and NBR?
Vantage Drilling International's Gross Profit of $-0.5 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Gross Profit depends on the Oil & Gas 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 Vantage Drilling International and its competitors. Vantage Drilling International's current Gross Profit is $-0.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vantage Drilling International stock overvalued right now?
Vantage Drilling International (VTDRF) has a current Gross Profit of $-0.5 Mil. The current Gross Profit is $-0.5 Mil. Vantage Drilling International's overall GF Score™ is 8/100. 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 Vantage Drilling International (VTDRF), the current Gross Profit is $-0.5 Mil as of Dec. 2022. 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.

Vantage Drilling International Business Description

Industry EnergyOil & Gas
Other Exchanges VDI:Norway
Address 777 Post Oak Boulevard, Suite 440, Houston, TX, USA, 77056
Vantage Drilling International Ltd is an international offshore drilling company engaged in providing contract drilling services and related support services. The company operates through two segments: Drilling Services, which includes activities related to owned rigs, and Managed Services, which involves managing and supporting rigs owned by third parties. It mainly provides offshore drilling services to oil and gas companies in international markets.
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