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Steep Hill (XCNQ:STPH) Gross Profit : C$0.00 Mil (TTM As of Dec. 2023)


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What is Steep Hill Gross Profit?

Steep Hill's gross profit for the three months ended in Dec. 2023 was C$0.00 Mil. Steep Hill's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.00 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Steep Hill's gross profit for the three months ended in Dec. 2023 was C$0.00 Mil. Steep Hill's Revenue for the three months ended in Dec. 2023 was C$0.00 Mil. Therefore, Steep Hill's Gross Margin % for the quarter that ended in Dec. 2023 was N/A%.

Steep Hill had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Steep Hill Gross Profit Historical Data

The historical data trend for Steep Hill'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.

Steep Hill Gross Profit Chart

Steep Hill Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
- - 0.94 1.18 -

Steep Hill Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.18 - - - -

Competitive Comparison of Steep Hill's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, Steep Hill'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.


Steep Hill's Gross Profit Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Steep Hill's Gross Profit distribution charts can be found below:

* The bar in red indicates where Steep Hill's Gross Profit falls into.



Steep Hill Gross Profit Calculation

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

Steep Hill's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Steep Hill's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=0 - 0
=0.00

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Steep Hill's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.00 / 0
=N/A %

* 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.


Steep Hill  (XCNQ:STPH) 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

Steep Hill had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Steep Hill Gross Profit Related Terms

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Steep Hill (XCNQ:STPH) Business Description

Traded in Other Exchanges
N/A
Address
120 Adelaide Street West, Suite 2500, Toronto, ON, CAN, M5H 1T1
Steep Hill Inc is a science and technology health and wellness company focused on the hemp markets inclusive of plant-based, psychedelic pharmaceutical and non-psychedelic nutraceutical, and hemp cannabinoids (CBD) verticals. Currently the company, through its subsidiaries holds three industrial hemp licences for the purposes of supplying the global market with medicinal and wellness cannabidiol and other cannabinoid-based products.

Steep Hill (XCNQ:STPH) Headlines

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