Midwest Energy Emissions (TSXV:MEEC) COGS-to-Revenue : 0.59 (As of Mar. 2024)

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What is Midwest Energy Emissions COGS-to-Revenue?

Midwest Energy Emissions's Cost of Goods Sold for the three months ended in Mar. 2024 was C$2.86 Mil. Its Revenue for the three months ended in Mar. 2024 was C$4.82 Mil.

Midwest Energy Emissions's COGS to Revenue for the three months ended in Mar. 2024 was 0.59.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Midwest Energy Emissions's Gross Margin % for the three months ended in Mar. 2024 was 40.56%.

Midwest Energy Emissions COGS-to-Revenue Historical Data

The historical data trend for Midwest Energy Emissions'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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Midwest Energy Emissions COGS-to-Revenue Chart

Midwest Energy Emissions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.73

0.67

0.61

0.68

Midwest Energy Emissions Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
COGS-to-Revenue	Get a 7-Day Free Trial															0.66	0.64	0.66	0.75	0.59

Midwest Energy Emissions COGS-to-Revenue Calculation

Midwest Energy Emissions's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	16.33	/	24.068
	=	0.68

Midwest Energy Emissions's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	2.862	/	4.815
	=	0.59

Midwest Energy Emissions (TSXV:MEEC) COGS-to-Revenue Explanation

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

Midwest Energy Emissions'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	-	2.862 / 4.815
	=	40.56 %

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.

Midwest Energy Emissions COGS-to-Revenue Related Terms

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Midwest Energy Emissions (TSXV:MEEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Midwest Energy Emissions Corp (TSXV:MEEC) » Definitions » COGS-to-Revenue

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Traded in Other Exchanges

MEEC:USA

Address

1810 Jester Drive, Corsicana, TX, USA, 75109

Website

https://www.me2cenvironmental.com

Midwest Energy Emissions Corp. is an environmental services company. The company specializes in mercury emission control technologies, primarily for utility and industrial coal-fired units. It aims to deliver cost-effective mercury capture technologies to coal-fired power plants in the United States, Europe, and Asia. The group develops and deploys technologies to remove mercury emissions from coal-fired power plants. The company's products include Oxidizers, sorbents, and Scrubber Additive SA2. Geographically, all the activities function through the region of the United States and it achieves revenues from product sales, equipment sales, and demonstration and consulting services.