Yuma Energy's gross profit for the
three
months ended in Sep. 2019 was $-0.42 Mil. Yuma Energy's gross profit for the trailing twelve months (TTM) ended in Sep. 2019 was $-1.73 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Yuma Energy's gross profit for the
three
months ended in Sep. 2019 was $-0.42 Mil. Yuma Energy's Revenue for the
three
months ended in Sep. 2019 was $1.51 Mil. Therefore, Yuma Energy's Gross Margin % for the quarter that ended in Sep. 2019 was -27.77%.
Yuma Energy had a gross margin of -27.77% for the quarter that ended in Sep. 2019 => No sustainable competitive advantage
During the past 13 years, the highestGross Margin % of Yuma Energy was 72.63%. The lowest was -14.70%. And the median was 60.81%.
Warning Sign:
Yuma Energy Inc gross margin has been in long term decline. The average rate of decline per year is -35.9%.
Yuma Energy Gross Profit Historical Data
The historical data trend for Yuma Energy'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.
Competitive Comparison of Yuma Energy's Gross Profit
For the Oil & Gas E&P subindustry, Yuma Energy'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.
Yuma Energy's Gross Profit Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Yuma Energy's Gross Profit distribution charts can be found below:
* The bar in red indicates where Yuma Energy's Gross Profit falls into.
Yuma Energy Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Yuma Energy's Gross Profit for the fiscal year that ended in Dec. 2018 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.73 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Yuma Energy (AMEX:YUMA_PA.PFD) 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
Yuma Energy had a gross margin of -27.77% for the quarter that ended in Sep. 2019 => No sustainable competitive advantage
Yuma Energy Gross Profit Related Terms
Thank you for viewing the detailed overview of Yuma Energy's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Yuma Energy Inc is active in the oil and gas domain. It is an oil and gas company focused on the acquisition, development, and exploration of conventional and unconventional oil and natural gas resources in the United States Gulf Coast and California. Its operations are focused on onshore assets located in central and southern Louisiana, where it is targeting the Austin Chalk, Tuscaloosa, Wilcox, Frio, Marg Tex and Hackberry formations. In addition, it has a non-operated position in the Bakken Shale in North Dakota and operated positions in Kern and Santa Barbara Counties in California. It also holds operated and non-operated properties in southeast Texas containing both conventional and unconventional properties located in Jefferson and Madison counties.
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