GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nabati Foods Global Inc (OTCPK:MEALF) » Definitions » Gross Margin %

Nabati Foods Global (Nabati Foods Global) Gross Margin % : 0.00% (As of Sep. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Nabati Foods Global Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Nabati Foods Global's Gross Profit for the three months ended in Sep. 2023 was $0.00 Mil. Nabati Foods Global's Revenue for the three months ended in Sep. 2023 was $0.00 Mil. Therefore, Nabati Foods Global's Gross Margin % for the quarter that ended in Sep. 2023 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 Nabati Foods Global's Gross Margin % or its related term are showing as below:

MEALF' s Gross Margin % Range Over the Past 10 Years
Min: -441.32   Med: -48.06   Max: 34.86
Current: -300


During the past 3 years, the highest Gross Margin % of Nabati Foods Global was 34.86%. The lowest was -441.32%. And the median was -48.06%.

MEALF's Gross Margin % is ranked worse than
99.67% of 1809 companies
in the Consumer Packaged Goods industry
Industry Median: 25.08 vs MEALF: -300.00

Nabati Foods Global 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 Nabati Foods Global was 0.00% per year.


Nabati Foods Global Gross Margin % Historical Data

The historical data trend for Nabati Foods Global'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.

Nabati Foods Global Gross Margin % Chart

Nabati Foods Global Annual Data
Trend Dec20 Dec21 Dec22
Gross Margin %
34.76 -441.31 -48.08

Nabati Foods Global Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,450.00 -200.00 - - -

Competitive Comparison of Nabati Foods Global's Gross Margin %

For the Packaged Foods subindustry, Nabati Foods Global'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.


Nabati Foods Global's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nabati Foods Global's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Nabati Foods Global's Gross Margin % falls into.



Nabati Foods Global 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.)

Nabati Foods Global's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=-0.1 / 0.208
=(Revenue - Cost of Goods Sold) / Revenue
=(0.208 - 0.308) / 0.208
=-48.08 %

Nabati Foods Global's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=0 / 0
=(Revenue - Cost of Goods Sold) / Revenue
=(0 - 0) / 0
=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.


Nabati Foods Global  (OTCPK:MEALF) 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

Nabati Foods Global 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.


Nabati Foods Global Gross Margin % Related Terms

Thank you for viewing the detailed overview of Nabati Foods Global's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Nabati Foods Global (Nabati Foods Global) Business Description

Traded in Other Exchanges
Address
1570 - 505 Burrard Street, Vancouver, BC, CAN, V7X 1M5
Nabati Foods Global Inc is an plant-based food technology company that designs, develops, produces, distributes and sells a variety of plant-based meat and other food alternatives.

Nabati Foods Global (Nabati Foods Global) Headlines

No Headlines