LTCN (Grayscale Litecoin TR LTC) Selling, General, & Admin. Expense: $ Mil (TTM As of Dec. 2019)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Grayscale Litecoin TR LTC Selling, General, & Admin. Expense?

Grayscale Litecoin TR LTC LTCN -4.35% Selling, General, & Admin. Expense is $ Mil as of Dec. 2019.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Grayscale Litecoin TR LTC's selling, general, & admin. expense for the six months ended in Dec. 2019 was $0.01 Mil. Grayscale Litecoin TR LTC does not have enough years/quarters to calculate its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2019.


Grayscale Litecoin TR LTC  (OTCPK:LTCN) 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.


Grayscale Litecoin TR LTC Selling, General, & Admin. Expense Related Terms


Grayscale Litecoin TR LTC Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Grayscale Litecoin TR LTC'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.

Grayscale Litecoin TR LTC Selling, General, & Admin. Expense Chart

Grayscale Litecoin TR LTC Annual Data
Trend
Selling, General, & Admin. Expense

Grayscale Litecoin TR LTC Semi-Annual Data
Dec19 Dec20
Selling, General, & Admin. Expense 0.01 0.48

LTCN vs : Selling, General, & Admin. Expense Comparison

For the Asset Management subindustry, Grayscale Litecoin TR LTC'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.


Grayscale Litecoin TR LTC Selling, General, & Admin. Expense vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Grayscale Litecoin TR LTC's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Grayscale Litecoin TR LTC's Selling, General, & Admin. Expense falls into.



Grayscale Litecoin TR LTC 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.

What does a Selling, General, & Admin. Expense of $ Mil mean?
Grayscale Litecoin TR LTC (LTCN) has a Selling, General, & Admin. Expense of $ Mil as of Dec. 2019. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Grayscale Litecoin TR LTC and its competitors.
Is Grayscale Litecoin TR LTC's Selling, General, & Admin. Expense too high?
Grayscale Litecoin TR LTC's current Selling, General, & Admin. Expense is $ Mil.
How does Grayscale Litecoin TR LTC's Selling, General, & Admin. Expense compare to ?
Grayscale Litecoin TR LTC's Selling, General, & Admin. Expense of $ Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Selling, General, & Admin. Expense depends on the Asset Management 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 Grayscale Litecoin TR LTC and its competitors. Grayscale Litecoin TR LTC's current Selling, General, & Admin. Expense is $ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grayscale Litecoin TR LTC stock overvalued right now?
Grayscale Litecoin TR LTC (LTCN) has a current Selling, General, & Admin. Expense of $ Mil. The current Selling, General, & Admin. Expense is $ 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 Grayscale Litecoin TR LTC (LTCN), the current Selling, General, & Admin. Expense is $ Mil as of Dec. 2019. 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.

Grayscale Litecoin TR LTC Business Description

Comparable Companies
Address 250 Park Avenue South, New York, NY, USA, 10003
Grayscale Litecoin TR LTC is an investment vehicle company. The company enables investors to gain access and exposure to the price movement of Litecoin in the form of traditional security without the challenges of buying, storing, and safekeeping Litecoin directly. Its investment objective is to track the LTC market price, less fees and expenses.