Mining Investments Resources (LSE:MIR) Selling, General, & Admin. Expense: £0.43 Mil (TTM As of Dec. 2013)

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What is Mining Investments Resources Selling, General, & Admin. Expense?

Mining Investments Resources LSE:MIR Selling, General, & Admin. Expense is £0.43 Mil as of Dec. 2013. The stock has 2 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Mining Investments Resources's selling, general, & admin. expense for the six months ended in Dec. 2013 was £0.22 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2013 was £0.43 Mil.


Mining Investments Resources  (LSE:MIR) 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.


Mining Investments Resources Selling, General, & Admin. Expense Related Terms


Mining Investments Resources Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Mining Investments Resources'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.

Mining Investments Resources Selling, General, & Admin. Expense Chart

Mining Investments Resources Annual Data
Trend Mar04 Mar05 Mar06 Mar07 Mar08 Jun09 Jun10 Jun11 Jun12 Jun13
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.12 0.55 0.63 0.36

Mining Investments Resources Semi-Annual Data
Sep03 Mar04 Sep04 Mar05 Sep05 Mar06 Sep06 Mar07 Sep07 Mar08 Sep08 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
Selling, General, & Admin. Expense 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.41 0.15 0.21 0.22

Mining Investments Resources Selling, General, & Admin. Expense Competitor Comparison

For the Conglomerates subindustry, Mining Investments Resources'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.


Mining Investments Resources Selling, General, & Admin. Expense vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mining Investments Resources's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Mining Investments Resources's Selling, General, & Admin. Expense falls into.



Mining Investments Resources 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 Dec. 2013 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.43 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 £0.43 Mil mean?
Mining Investments Resources (LSE:MIR) has a Selling, General, & Admin. Expense of £0.43 Mil as of Dec. 2013. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Mining Investments Resources and its competitors.
Is Mining Investments Resources' Selling, General, & Admin. Expense too high?
Mining Investments Resources' current Selling, General, & Admin. Expense is £0.43 Mil.
How does Mining Investments Resources' Selling, General, & Admin. Expense compare to competitors?
Mining Investments Resources' Selling, General, & Admin. Expense of £0.43 Mil can be compared against companies in the Conglomerates 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 a Conglomerates company?
A good Selling, General, & Admin. Expense depends on the Conglomerates 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 Mining Investments Resources and its competitors. Mining Investments Resources's current Selling, General, & Admin. Expense is £0.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mining Investments Resources stock overvalued right now?
Mining Investments Resources (LSE:MIR) has a current Selling, General, & Admin. Expense of £0.43 Mil. The current Selling, General, & Admin. Expense is £0.43 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 Mining Investments Resources (LSE:MIR), the current Selling, General, & Admin. Expense is £0.43 Mil as of Dec. 2013. 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.

Mining Investments Resources Business Description

Mining Investments Resources PLC is an investing company. It mainly invests in businesses which possess the opportunity for high growth, generally through exploitation of intellectual property. The Company's investing policy is to acquire a diverse portfolio of direct and indirect interests in exploration and producing projects and assets in the natural resources sector.