HNR Acquisition (HNR Acquisition) COGS-to-Revenue : 0.08 (As of Mar. 2024)

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What is HNR Acquisition COGS-to-Revenue?

HNR Acquisition's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.43 Mil. Its Revenue for the three months ended in Mar. 2024 was $5.28 Mil.

HNR Acquisition's COGS to Revenue for the three months ended in Mar. 2024 was 0.08.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. HNR Acquisition's Gross Margin % for the three months ended in Mar. 2024 was 91.89%.

HNR Acquisition COGS-to-Revenue Historical Data

The historical data trend for HNR Acquisition's COGS-to-Revenue 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.

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HNR Acquisition COGS-to-Revenue Chart

HNR Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.09

HNR Acquisition Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial									0.08	-	-	-	0.08

HNR Acquisition COGS-to-Revenue Calculation

HNR Acquisition's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0	/	0
	=

HNR Acquisition's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.428	/	5.28
	=	0.08

HNR Acquisition (AMEX:HNRA) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

HNR Acquisition's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.428 / 5.28
	=	91.89 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

HNR Acquisition COGS-to-Revenue Related Terms

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HNR Acquisition (HNR Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » HNR Acquisition Corp (AMEX:HNRA) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

3730 Kirby Drive, Suite 1200, Houston, TX, USA, 77098

Website

https://www.hnra-nyse.com

HNR Acquisition Corp is a blank check company.

Executives

Donald Goree	director, officer: Chief Executive Officer	101 NE 3RD AVENUE, SUITE 1220, FORT LAUDERDALE FL 33301
Salvucci Joseph V Jr	director	583 EPSILON DRIVE, PITTSBURGH PA 15238
Salvucci Joseph V Sr	director	583 EPSILON DRIVE, PITTSBURGH PA 15238
Donald W Orr	director, officer: President	3730 KIRBY DRIVE, SUITE 1200, HOUSTON TX 77098