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Colibri Resource (TSXV:CBI) Gross Margin % : 0.00% (As of Mar. 2024)


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What is Colibri Resource Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Colibri Resource's Gross Profit for the three months ended in Mar. 2024 was C$-0.03 Mil. Colibri Resource's Revenue for the three months ended in Mar. 2024 was C$0.00 Mil. Therefore, Colibri Resource's Gross Margin % for the quarter that ended in Mar. 2024 was 0.00%.


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


TSXV:CBI's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 19.29
* Ranked among companies with meaningful Gross Margin % only.

Colibri Resource had a gross margin of % for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Colibri Resource was 0.00% per year.


Colibri Resource Gross Margin % Historical Data

The historical data trend for Colibri Resource'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.

Colibri Resource Gross Margin % Chart

Colibri Resource Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Dec22
Gross Margin %
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Colibri Resource Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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Competitive Comparison of Colibri Resource's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Colibri Resource'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.


Colibri Resource's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Colibri Resource's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Colibri Resource's Gross Margin % falls into.



Colibri Resource Gross Margin % Calculation

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

Colibri Resource'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 )
=-0.1 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.091) / 0
= %

Colibri Resource's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=-0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0.03) / 0
= %

* 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.


Colibri Resource  (TSXV:CBI) 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

Colibri Resource had a gross margin of % for the quarter that ended in Mar. 2024 => 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.


Colibri Resource Gross Margin % Related Terms

Thank you for viewing the detailed overview of Colibri Resource's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Colibri Resource (TSXV:CBI) Business Description

Traded in Other Exchanges
Address
105 Englehart Street, Suite 700, Dieppe, NB, CAN, E1A 8K2
Colibri Resource Corp is a mineral resource exploration company. It is engaged in the process of acquiring and exploring precious mineral properties in Mexico. The properties of the company are Evelyn Gold, Diamante Gold & Silver, Pilar & Silver, Mezquite Gold, and Jackie Gold & Silver. The company operates in one reportable business segment, being the acquisition and exploration of mineral properties.
Executives
Ian Mcgavney Senior Officer

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