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Code Green Apparel (Code Green Apparel) Gross Profit : $-0.03 Mil (TTM As of Sep. 2017)


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What is Code Green Apparel Gross Profit?

Code Green Apparel's gross profit for the three months ended in Sep. 2017 was $0.01 Mil. Code Green Apparel's gross profit for the trailing twelve months (TTM) ended in Sep. 2017 was $-0.03 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Code Green Apparel's gross profit for the three months ended in Sep. 2017 was $0.01 Mil. Code Green Apparel's Revenue for the three months ended in Sep. 2017 was $0.01 Mil. Therefore, Code Green Apparel's Gross Margin % for the quarter that ended in Sep. 2017 was 63.64%.

Code Green Apparel had a gross margin of 63.64% for the quarter that ended in Sep. 2017 => Durable competitive advantage


Code Green Apparel Gross Profit Historical Data

The historical data trend for Code Green Apparel'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.

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Code Green Apparel Gross Profit Chart

Code Green Apparel Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec15 Dec16
Gross Profit
Get a 7-Day Free Trial - - - - -

Code Green Apparel Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 0.04 -0.04 0.01 - 0.01

Competitive Comparison of Code Green Apparel's Gross Profit

For the Apparel Manufacturing subindustry, Code Green Apparel'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.


Code Green Apparel's Gross Profit Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Code Green Apparel's Gross Profit distribution charts can be found below:

* The bar in red indicates where Code Green Apparel's Gross Profit falls into.



Code Green Apparel Gross Profit Calculation

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

Code Green Apparel's Gross Profit for the fiscal year that ended in Dec. 2016 is calculated as

Gross Profit (A: Dec. 2016 )=Revenue - Cost of Goods Sold
=0.269 - 0.272
=-0.00

Code Green Apparel's Gross Profit for the quarter that ended in Sep. 2017 is calculated as

Gross Profit (Q: Sep. 2017 )=Revenue - Cost of Goods Sold
=0.011 - 0.004
=0.01

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.03 Mil.

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

Code Green Apparel's Gross Margin % for the quarter that ended in Sep. 2017 is calculated as

Gross Margin % (Q: Sep. 2017 )=Gross Profit (Q: Sep. 2017 ) / Revenue (Q: Sep. 2017 )
=(Revenue - Cost of Goods Sold) / Revenue
=0.01 / 0.011
=63.64 %

* 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.


Code Green Apparel  (OTCPK:CGAC) 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

Code Green Apparel had a gross margin of 63.64% for the quarter that ended in Sep. 2017 => Durable competitive advantage


Code Green Apparel Gross Profit Related Terms

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Code Green Apparel (Code Green Apparel) Business Description

Traded in Other Exchanges
N/A
Address
9713 Stratus Drive, Dripping Springs, TX, USA, 78620
Code Green Apparel Corp is a bitcoin mining company. The company's objective is to mine bitcoin and sell it for cash and declare and distribute dividends with respect to available cash to its holders of the capital stock.