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Replenish Nutrients Holding (XCNQ:ERTH) Gross Margin %

: 10.64% (As of Sep. 2023)
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Gross Margin % is calculated as gross profit divided by its revenue. Replenish Nutrients Holding's Gross Profit for the three months ended in Sep. 2023 was C$0.38 Mil. Replenish Nutrients Holding's Revenue for the three months ended in Sep. 2023 was C$3.55 Mil. Therefore, Replenish Nutrients Holding's Gross Margin % for the quarter that ended in Sep. 2023 was 10.64%.


The historical rank and industry rank for Replenish Nutrients Holding's Gross Margin % or its related term are showing as below:

XCNQ:ERTH' s Gross Margin % Range Over the Past 10 Years
Min: -45.9   Med: 19.64   Max: 28.99
Current: 15.81


During the past 13 years, the highest Gross Margin % of Replenish Nutrients Holding was 28.99%. The lowest was -45.90%. And the median was 19.64%.

XCNQ:ERTH's Gross Margin % is ranked worse than
69.66% of 234 companies
in the Agriculture industry
Industry Median: 23.07 vs XCNQ:ERTH: 15.81

Replenish Nutrients Holding had a gross margin of 10.64% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Replenish Nutrients Holding was 0.00% per year.


Replenish Nutrients Holding Gross Margin % Historical Data

The historical data trend for Replenish Nutrients Holding'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.

Replenish Nutrients Holding Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -45.90 28.99 26.83 12.45

Replenish Nutrients Holding Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Gross Margin % 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.16 27.60 5.58 13.80 10.64

Competitive Comparison

For the Agricultural Inputs subindustry, Replenish Nutrients Holding'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.


Replenish Nutrients Holding Gross Margin % Distribution

For the Agriculture industry and Basic Materials sector, Replenish Nutrients Holding's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Replenish Nutrients Holding's Gross Margin % falls into.



Replenish Nutrients Holding Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Replenish Nutrients Holding's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=2.2 / 17.27
=(Revenue - Cost of Goods Sold) / Revenue
=(17.27 - 15.12) / 17.27
=12.45 %

Replenish Nutrients Holding's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=0.4 / 3.552
=(Revenue - Cost of Goods Sold) / Revenue
=(3.552 - 3.174) / 3.552
=10.64 %

* 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.


Replenish Nutrients Holding  (XCNQ:ERTH) 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

Replenish Nutrients Holding had a gross margin of 10.64% for the quarter that ended in Sep. 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.


Replenish Nutrients Holding Gross Margin % Related Terms

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Replenish Nutrients Holding (XCNQ:ERTH) Business Description

Traded in Other Exchanges
Address
Station Main, PO Box 1186, Okotoks, AB, CAN, T15 1B1
Replenish Nutrients Holding Corp is an agriculture biotechnology company and a leading intellectual property developer of regenerative fertilizer solutions and sustainable manufacturing processes to support a farm system that prioritizes healthy soils and grower profitability. By combining a balanced source of micronized nutrients and organic matter with its proprietary blends and granulation process, Replenish has developed a sustainable alternative to synthetic fertilizers that enhances overall soil function and biology while providing valuable plant-available nutrients farmers rely upon for healthy crops.

Replenish Nutrients Holding (XCNQ:ERTH) Headlines

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