Market Cap : | Enterprise Value : | PE Ratio : At Loss | PB Ratio : |
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Gross Margin % is calculated as gross profit divided by its revenue. 's Gross Profit for the six months ended in . 20 was $0.00 Mil. 's Revenue for the six months ended in . 20 was $0.00 Mil. Therefore, 's Gross Margin % for the quarter that ended in . 20 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.
The historical rank and industry rank for 's Gross Margin % or its related term are showing as below:
had a gross margin of N/A% for the quarter that ended in . 20 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for was % per year.
The historical data trend for 's Gross Margin % 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.
Semi-Annual Data |
Gross Margin % |
Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)
's Gross Margin for the fiscal year that ended in . 20 is calculated as
Gross Margin % (A: . 20 ) | = | Gross Profit (A: . 20 ) | / | Revenue (A: . 20 ) |
= | 0 | / | ||
= | (Revenue - Cost of Goods Sold) | / | Revenue | |
= | ( - ) | / | ||
= | N/A % |
's Gross Margin for the quarter that ended in . 20 is calculated as
Gross Margin % (Q: . 20 ) | = | Gross Profit (Q: . 20 ) | / | Revenue (Q: . 20 ) |
= | 0 | / | ||
= | (Revenue - Cost of Goods Sold) | / | Revenue | |
= | ( - ) | / | ||
= | 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.
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
had a gross margin of N/A% for the quarter that ended in . 20 => No sustainable competitive advantage
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Thank you for viewing the detailed overview of 's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
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