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Sustainable Real Estate Dividend Fund (TSX:MSRE.UN) Gross Margin % : 124.95% (As of Dec. 2023)


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What is Sustainable Real Estate Dividend Fund Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Sustainable Real Estate Dividend Fund's Gross Profit for the six months ended in Dec. 2023 was C$-0.60 Mil. Sustainable Real Estate Dividend Fund's Revenue for the six months ended in Dec. 2023 was C$-0.48 Mil. Therefore, Sustainable Real Estate Dividend Fund's Gross Margin % for the quarter that ended in Dec. 2023 was 124.95%.


The historical rank and industry rank for Sustainable Real Estate Dividend Fund's Gross Margin % or its related term are showing as below:

TSX:MSRE.UN' s Gross Margin % Range Over the Past 10 Years
Min: 122.95   Med: 122.95   Max: 123.04
Current: 123.04


During the past 2 years, the highest Gross Margin % of Sustainable Real Estate Dividend Fund was 123.04%. The lowest was 122.95%. And the median was 122.95%.

TSX:MSRE.UN's Gross Margin % is ranked better than
98.67% of 526 companies
in the Asset Management industry
Industry Median: 51.705 vs TSX:MSRE.UN: 123.04

Sustainable Real Estate Dividend Fund had a gross margin of 124.95% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Sustainable Real Estate Dividend Fund was 0.00% per year.


Sustainable Real Estate Dividend Fund Gross Margin % Historical Data

The historical data trend for Sustainable Real Estate Dividend Fund'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.

Sustainable Real Estate Dividend Fund Gross Margin % Chart

Sustainable Real Estate Dividend Fund Annual Data
Trend Dec22 Dec23
Gross Margin %
- 122.95

Sustainable Real Estate Dividend Fund Semi-Annual Data
Dec22 Jun23 Dec23
Gross Margin % - 121.52 124.95

Competitive Comparison of Sustainable Real Estate Dividend Fund's Gross Margin %

For the Asset Management subindustry, Sustainable Real Estate Dividend Fund'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.


Sustainable Real Estate Dividend Fund's Gross Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Sustainable Real Estate Dividend Fund's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Sustainable Real Estate Dividend Fund's Gross Margin % falls into.



Sustainable Real Estate Dividend Fund Gross Margin % Calculation

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

Sustainable Real Estate Dividend Fund'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 )
=-1.3 / -1.085
=(Revenue - Cost of Goods Sold) / Revenue
=(-1.085 - 0.249) / -1.085
=122.95 %

Sustainable Real Estate Dividend Fund's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=-0.6 / -0.481
=(Revenue - Cost of Goods Sold) / Revenue
=(-0.481 - 0.12) / -0.481
=124.95 %

* 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.


Sustainable Real Estate Dividend Fund  (TSX:MSRE.UN) 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

Sustainable Real Estate Dividend Fund had a gross margin of 124.95% for the quarter that ended in Dec. 2023 => Durable 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.


Sustainable Real Estate Dividend Fund Gross Margin % Related Terms

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Sustainable Real Estate Dividend Fund (TSX:MSRE.UN) Business Description

Traded in Other Exchanges
N/A
Address
First Canadian Place, 58th Floor, P.O. Box 192, Toronto, ON, CAN, M5X 1A6
Sustainable Real Estate Dividend Fund is a closed-ended investment trust. The investment objectives of the Sustainable Real Estate Dividend Fund are to provide holders of units with stable monthly cash distributions and enhanced long-term total return through capital appreciation of the Fund's investment portfolio.

Sustainable Real Estate Dividend Fund (TSX:MSRE.UN) Headlines

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