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Linc Energy (ASX:LNC) Gross Profit : A$-70.61 Mil (TTM As of Dec. 2015)


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What is Linc Energy Gross Profit?

Linc Energy's gross profit for the three months ended in Dec. 2015 was A$-30.51 Mil. Linc Energy's gross profit for the trailing twelve months (TTM) ended in Dec. 2015 was A$-70.61 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Linc Energy's gross profit for the three months ended in Dec. 2015 was A$-30.51 Mil. Linc Energy's Revenue for the three months ended in Dec. 2015 was A$15.83 Mil. Therefore, Linc Energy's Gross Margin % for the quarter that ended in Dec. 2015 was -192.66%.

Linc Energy had a gross margin of -192.66% for the quarter that ended in Dec. 2015 => No sustainable competitive advantage

During the past 11 years, the highest Gross Margin % of Linc Energy was 100.00%. The lowest was -192.66%. And the median was 15.59%.


Linc Energy Gross Profit Historical Data

The historical data trend for Linc Energy's Gross Profit 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.

Linc Energy Gross Profit Chart

Linc Energy Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 25.38 64.99 36.01 -37.36

Linc Energy Quarterly Data
Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.45 -18.69 -8.43 -12.98 -30.51

Competitive Comparison of Linc Energy's Gross Profit

For the Oil & Gas E&P subindustry, Linc Energy'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.


Linc Energy's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Linc Energy's Gross Profit distribution charts can be found below:

* The bar in red indicates where Linc Energy's Gross Profit falls into.



Linc Energy Gross Profit Calculation

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

Linc Energy's Gross Profit for the fiscal year that ended in Jun. 2015 is calculated as

Gross Profit (A: Jun. 2015 )=Revenue - Cost of Goods Sold
=87.786 - 125.149
=-37.36

Linc Energy's Gross Profit for the quarter that ended in Dec. 2015 is calculated as

Gross Profit (Q: Dec. 2015 )=Revenue - Cost of Goods Sold
=15.834 - 46.339
=-30.51

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was A$-70.61 Mil.

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

Linc Energy's Gross Margin % for the quarter that ended in Dec. 2015 is calculated as

Gross Margin % (Q: Dec. 2015 )=Gross Profit (Q: Dec. 2015 ) / Revenue (Q: Dec. 2015 )
=(Revenue - Cost of Goods Sold) / Revenue
=-30.51 / 15.834
=-192.66 %

* 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.


Linc Energy  (ASX:LNC) 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

Linc Energy had a gross margin of -192.66% for the quarter that ended in Dec. 2015 => No sustainable competitive advantage


Linc Energy Gross Profit Related Terms

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Linc Energy (ASX:LNC) Business Description

Traded in Other Exchanges
N/A
Address
32 Edward Street, Smellie & Company Building, Brisbane, QLD, AUS, 4000
Linc Energy Ltd engages in exploration, development, and production of conventional oil and gas and unconventional syngas through the utilization of its underground coal gasification technology. The company's gulf coast properties are spread across Texas and Louisiana and include various producing wells over active fields, both onshore and in shallow state waters. Its segments consist of Oil and Gas engaged in exploration, development, and production of traditional oil and gas assets in North America; Clean Energy engaged in development and commercialization of Coal-to-Liquids processes through the combined utilization of Underground Coal Gasification and Gas to Liquids technologies; and Shale oil engaged in exploration of the company's petroleum exploration tenements in South Australia.