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Ethema Health (Ethema Health) Gross Margin % : 0.00% (As of Mar. 2024)


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What is Ethema Health Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Ethema Health's Gross Profit for the three months ended in Mar. 2024 was $1.30 Mil. Ethema Health's Revenue for the three months ended in Mar. 2024 was $1.30 Mil. Therefore, Ethema Health's Gross Margin % for the quarter that ended in Mar. 2024 was 0.00%. If there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.


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


GRST's Gross Margin % is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 41.51
* Ranked among companies with meaningful Gross Margin % only.

Ethema Health had a gross margin of N/A% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

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


Ethema Health Gross Margin % Historical Data

The historical data trend for Ethema Health'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.

Ethema Health Gross Margin % Chart

Ethema Health Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
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Ethema Health Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Ethema Health's Gross Margin %

For the Medical Care Facilities subindustry, Ethema Health'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.


Ethema Health's Gross Margin % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ethema Health's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Ethema Health's Gross Margin % falls into.



Ethema Health Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Ethema Health's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=5.3 / 5.345
=(Revenue - Cost of Goods Sold) / Revenue
=(5.345 - 0) / 5.345
=N/A %

Ethema Health'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 )
=1.3 / 1.3
=(Revenue - Cost of Goods Sold) / Revenue
=(1.3 - 0) / 1.3
=N/A %

* 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.


Ethema Health  (OTCPK:GRST) 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

Ethema Health had a gross margin of N/A% 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.


Ethema Health Gross Margin % Related Terms

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Ethema Health (Ethema Health) Business Description

Traded in Other Exchanges
N/A
Address
950 Evernia Street, West Palm Beach, FL, USA, 33401
Ethema Health Corp is engaged in developing and operating medical clinics in Delray Beach Florida. It provides addiction and mental health treatment facilities. The company's operating segment includes Rental Operations and Rehabilitation Services provided to customers. It generates maximum revenue from the In-Patient services segment.
Executives
Shawn Edward Leon director, 10 percent owner, officer: CEO 5734 YONGE STREET, SUITE 300, NORTH YORK A6 M2M 4E7
William L Sklar officer: Chief Financial Officer 513 ROSELAWN AVENUE, TORONTO A6 M5N 1K2

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