H.E.R.C. Products (H.E.R.C. Products) Gross Profit : $2.12 Mil (TTM As of Jun. 2004)

H.E.R.C. Products Gross Profit Chart

H.E.R.C. Products Annual Data
	Trend	Dec94	Dec95	Dec96	Dec97	Dec98	Dec99	Dec00	Dec01	Dec02	Dec03
Gross Profit		Get a 7-Day Free Trial					2.10	2.00	2.50	2.76	1.94

H.E.R.C. Products Quarterly Data
	Sep98	Dec98	Mar00	Jun00	Sep00	Dec00	Mar01	Jun01	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04
Gross Profit	Get a 7-Day Free Trial															0.34	0.30	0.81	0.55	0.47

Competitive Comparison of H.E.R.C. Products's Gross Profit

For the Specialty Chemicals subindustry, H.E.R.C. Products's Gross Profit, along with its competitors' market caps and Gross Profit 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.

H.E.R.C. Products's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, H.E.R.C. Products's Gross Profit distribution charts can be found below:

* The bar in red indicates where H.E.R.C. Products's Gross Profit falls into.

H.E.R.C. Products Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

H.E.R.C. Products's Gross Profit for the fiscal year that ended in Dec. 2003 is calculated as

H.E.R.C. Products's Gross Profit for the quarter that ended in Jun. 2004 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2004 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.12 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

H.E.R.C. Products's Gross Margin % for the quarter that ended in Jun. 2004 is calculated as

* 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.

H.E.R.C. Products  (OTCPK:HERC) Gross Profit 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

H.E.R.C. Products had a gross margin of 31.45% for the quarter that ended in Jun. 2004 => Competition eroding margins

H.E.R.C. Products Gross Profit Related Terms

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H.E.R.C. Products (H.E.R.C. Products) Business Description