Volt Carbon Technologies (Volt Carbon Technologies) Gross Margin % : -7.14% (As of Jan. 2024)

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What is Volt Carbon Technologies Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Volt Carbon Technologies's Gross Profit for the three months ended in Jan. 2024 was $-0.00 Mil. Volt Carbon Technologies's Revenue for the three months ended in Jan. 2024 was $0.06 Mil. Therefore, Volt Carbon Technologies's Gross Margin % for the quarter that ended in Jan. 2024 was -7.14%.

The historical rank and industry rank for Volt Carbon Technologies's Gross Margin % or its related term are showing as below:

TORVF' s Gross Margin % Range Over the Past 10 Years
Min: -1208 Med: -35.65 Max: 60.15
Current: -264.44

During the past 13 years, the highest Gross Margin % of Volt Carbon Technologies was 60.15%. The lowest was -1208.00%. And the median was -35.65%.

TORVF's Gross Margin % is ranked worse than
97.73% of 705 companies
in the Metals & Mining industry
Industry Median: 19.35 vs TORVF: -264.44

Volt Carbon Technologies had a gross margin of -7.14% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Volt Carbon Technologies was 0.00% per year.

Volt Carbon Technologies Gross Margin % Historical Data

The historical data trend for Volt Carbon Technologies'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.

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Volt Carbon Technologies Gross Margin % Chart

Volt Carbon Technologies Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Gross Margin %

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-35.63

-1,222.22

Volt Carbon Technologies Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Gross Margin %	Get a 7-Day Free Trial															-728.57	-100.00	-481.82	306.90	-7.14

Competitive Comparison of Volt Carbon Technologies's Gross Margin %

For the Other Industrial Metals & Mining subindustry, Volt Carbon Technologies'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.

Volt Carbon Technologies's Gross Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Volt Carbon Technologies's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Volt Carbon Technologies's Gross Margin % falls into.

Volt Carbon Technologies Gross Margin % Calculation

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

Volt Carbon Technologies's Gross Margin for the fiscal year that ended in Oct. 2023 is calculated as

Gross Margin % (A: Oct. 2023 )	=	Gross Profit (A: Oct. 2023 )	/	Revenue (A: Oct. 2023 )
	=	-0.2	/	0.018
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.018 - 0.238)	/	0.018
	=	-1,222.22 %

Volt Carbon Technologies's Gross Margin for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )	=	Gross Profit (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	-0	/	0.056
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(0.056 - 0.06)	/	0.056
	=	-7.14 %

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.

Volt Carbon Technologies (OTCPK:TORVF) 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

Volt Carbon Technologies had a gross margin of -7.14% for the quarter that ended in Jan. 2024 => 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.

Volt Carbon Technologies Gross Margin % Related Terms

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Volt Carbon Technologies (Volt Carbon Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Volt Carbon Technologies Inc (OTCPK:TORVF) » Definitions » Gross Margin %

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VCT:Canada

Address

70 Country Hills Landing NW, Suite 117, Calgary, AB, CAN, T3K 2L2

Website

https://www.voltcarbontech.com

Volt Carbon Technologies Inc is engaged in the exploration of mineral properties. The company has two operating segments. The mineral exploration and development segment focus on the acquisition and exploration of property interests that are considered potential sites of economic mineralization. The research and development segment focuses on the scientific study and technology applications for air classifier and battery development.