The historical rank and industry rank for Acutus Medical's Gross Margin % or its related term are showing as below:
AFIB'
s Gross Margin % Range Over the Past 10 Years
Min: -246.72 Med: -89.23 Max: -43.78
Current: -43.78
During the past 6 years, the highestGross Margin % of Acutus Medical was -43.78%. The lowest was -246.72%. And the median was -89.23%.
AFIB's Gross Margin % is ranked worse than 96.61% of 796
companies
in the Medical Devices & Instruments industry
Industry Median: 53.295
vs AFIB: -43.78
Acutus Medical had a gross margin of -74.54% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Acutus Medical was 29.90% per year.
Acutus Medical Gross Margin % Historical Data
The historical data trend for Acutus Medical'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.
Competitive Comparison of Acutus Medical's Gross Margin %
For the Medical Devices subindustry, Acutus Medical'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.
Acutus Medical's Gross Margin % Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Acutus Medical's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Acutus Medical's Gross Margin % falls into.
* 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.
Acutus Medical (OTCPK:AFIB) 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
Acutus Medical had a gross margin of -74.54% for the quarter that ended in Dec. 2023 => 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.
Acutus Medical Gross Margin % Related Terms
Thank you for viewing the detailed overview of Acutus Medical's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Acutus Medical (Acutus Medical) Business Description
Acutus Medical Inc is an arrhythmia management company focused on improving the way cardiac arrhythmias are diagnosed and treated. The company designs, manufactures and markets a range of tools for catheter-based ablation procedures to treat various arrhythmias. Its product portfolio includes Novel access sheaths, Transseptal crossing tools, Diagnostic and mapping catheters, Ablation catheters, Mapping and imaging consoles and accessories, as well as Supporting algorithms and Software programs. It markets and sells its electrophysiology products worldwide to hospitals and electrophysiologists that treat patients with arrhythmias. It has a business presence in the United States and Europe.
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