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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Formation Minerals's selling, general, & admin. expense for the
three
months ended in Jan. 2025 was $0.42 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jan. 2025 was $2.27 Mil.
Formation Minerals (OTCPK:FOMI) Selling, General, & Admin. Expense Explanation
An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.
Warren Buffett likes companies with consistent SGA as the percentage of gross profit.
Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.
If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.
Formation Minerals Selling, General, & Admin. Expense Related Terms
Formation Minerals Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Formation Minerals's Selling, General, & Admin. Expense 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.
Formation Minerals Selling, General, & Admin. Expense Chart
FOMI vs AVACF, COP, EOG: Selling, General, & Admin. Expense Comparison
For the Oil & Gas E&P subindustry, Formation Minerals's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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.
Formation Minerals Selling, General, & Admin. Expense vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Formation Minerals's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Formation Minerals's Selling, General, & Admin. Expense falls into.
Formation Minerals Selling, General, & Admin. Expense Calculation
Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.
Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.27 Mil.
* 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.
What does a Selling, General, & Admin. Expense of $2.27 Mil mean?
Formation Minerals (FOMI) has a Selling, General, & Admin. Expense of $2.27 Mil as of Jan. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Formation Minerals and its competitors.
Is Formation Minerals' Selling, General, & Admin. Expense too high?
Formation Minerals' current Selling, General, & Admin. Expense is $2.27 Mil.
How does Formation Minerals' Selling, General, & Admin. Expense compare to AVACF and COP?
Formation Minerals' Selling, General, & Admin. Expense of $2.27 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for an Oil & Gas company?
A good Selling, General, & Admin. Expense depends on the Oil & Gas industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Formation Minerals and its competitors. Formation Minerals's current Selling, General, & Admin. Expense is $2.27 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formation Minerals stock overvalued right now?
Formation Minerals (FOMI) has a current Selling, General, & Admin. Expense of $2.27 Mil. The current Selling, General, & Admin. Expense is $2.27 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Formation Minerals (FOMI), the current Selling, General, & Admin. Expense is $2.27 Mil as of Jan. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Formation Minerals Inc is engaged in the acquisition and management of high-growth oil and gas minerals and royalties in the U.S. basins. The company is focused on providing returns through asset growth generated by acquisitions and organic growth of properties. Its portfolio includes the DJ Basin of Colorado and Wyoming, the Haynesville Shale of Louisiana, the Delaware and Permian Basin of Texas, the Marcellus and Utica shales in West Virginia, and the Anadarko Basin in Oklahoma.
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