GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nickel 28 Capital Corp (OTCPK:CONXF) » Definitions » Gross Margin %

Nickel 28 Capital (Nickel 28 Capital) Gross Margin % : 0.00% (As of Oct. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Nickel 28 Capital Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Nickel 28 Capital's Gross Profit for the three months ended in Oct. 2023 was $0.00 Mil. Nickel 28 Capital's Revenue for the three months ended in Oct. 2023 was $0.00 Mil. Therefore, Nickel 28 Capital's Gross Margin % for the quarter that ended in Oct. 2023 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 Nickel 28 Capital's Gross Margin % or its related term are showing as below:


CONXF's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 19.02
* Ranked among companies with meaningful Gross Margin % only.

Nickel 28 Capital had a gross margin of N/A% for the quarter that ended in Oct. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Nickel 28 Capital was 0.00% per year.


Nickel 28 Capital Gross Margin % Historical Data

The historical data trend for Nickel 28 Capital'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.

* Premium members only.

Nickel 28 Capital Gross Margin % Chart

Nickel 28 Capital Annual Data
Trend Dec19 Dec20 Jan22 Jan23
Gross Margin %
- - - -

Nickel 28 Capital Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Gross Margin % 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 - - - - -

Competitive Comparison of Nickel 28 Capital's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Nickel 28 Capital's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Nickel 28 Capital's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nickel 28 Capital's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Nickel 28 Capital's Gross Margin % falls into.



Nickel 28 Capital Gross Margin % Calculation

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.)

Nickel 28 Capital's Gross Margin for the fiscal year that ended in Jan. 2023 is calculated as

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

Nickel 28 Capital's Gross Margin for the quarter that ended in Oct. 2023 is calculated as


Gross Margin % (Q: Oct. 2023 )=Gross Profit (Q: Oct. 2023 ) / Revenue (Q: Oct. 2023 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 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.


Nickel 28 Capital  (OTCPK:CONXF) Gross Margin % 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

Nickel 28 Capital had a gross margin of N/A% for the quarter that ended in Oct. 2023 => No sustainable competitive advantage


Be Aware

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.


Nickel 28 Capital Gross Margin % Related Terms

Thank you for viewing the detailed overview of Nickel 28 Capital's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nickel 28 Capital (Nickel 28 Capital) Business Description

Traded in Other Exchanges
Address
155 University Avenue, Suite 1240, Toronto, ON, CAN, M5H 3B7
Nickel 28 Capital Corp is a nickel-cobalt producer in Canada. Nickel-cobalt production comes from its joint-venture interest in the Ramu Nickel-Cobalt Operation located in Papua New Guinea provides it with significant attributable nickel and cobalt production thereby offering shareholders direct exposure to two metals that are critical to the adoption of electric vehicles. In addition, the company manages a portfolio of around 13 nickel and cobalt royalties on development and exploration projects in Canada, Australia, and Papua New Guinea.