The historical rank and industry rank for Kodal Minerals's Gross Margin % or its related term are showing as below:
LSE:KOD's Gross Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 19.17 * Ranked among companies with meaningful Gross Margin % only.
Kodal Minerals had a gross margin of N/A% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Kodal Minerals was 0.00% per year.
Kodal Minerals Gross Margin % Historical Data
The historical data trend for Kodal Minerals'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 Kodal Minerals's Gross Margin %
For the Other Industrial Metals & Mining subindustry, Kodal Minerals'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.
Kodal Minerals's Gross Margin % Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Kodal Minerals's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Kodal Minerals'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.
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
Kodal Minerals had a gross margin of N/A% for the quarter that ended in Sep. 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.
Kodal Minerals Gross Margin % Related Terms
Thank you for viewing the detailed overview of Kodal Minerals's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Kodal Minerals PLC is a mining and exploration company that acquires or discovers and develops mineral assets. Its operating segments include West African Gold Projects, the West African Lithium Projects, the Norway Projects, and the UK administration operations. The company has legacy interests in Norway including the Kodal phosphate and iron deposit in the south of the country and the copper focussed Grimeli Project in the West. Its Bougouni Project consists of two concessions, the Kolassokoro and Madina licences, which cover a contiguous area of around 500 square kilometres.
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