Grindrod Shipping Holdings Ltd (GRIN)
13.56
-0.01
(-0.07%)
USD |
NASDAQ |
May 15, 14:52
Grindrod Shipping Holdings Gross Profit Margin (Quarterly): 13.18% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 13.18% |
| September 30, 2023 | 3.72% |
| June 30, 2023 | 15.08% |
| March 31, 2023 | 9.16% |
| December 31, 2022 | 28.24% |
| September 30, 2022 | 35.89% |
| June 30, 2022 | 39.98% |
| March 31, 2022 | 36.90% |
| Date | Value |
|---|---|
| December 31, 2021 | 46.83% |
| September 30, 2021 | 45.87% |
| June 30, 2021 | 32.42% |
| March 31, 2021 | 18.41% |
| December 31, 2020 | 62.29% |
| September 30, 2020 | 3.01% |
| June 30, 2020 | 2.18% |
| March 31, 2020 | 8.57% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
2.18%
Minimum
Jun 2020
62.29%
Maximum
Dec 2020
25.11%
Average
23.33%
Median
Gross Profit Margin (Quarterly) Benchmarks
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -3.24% |
| Return on Assets | -1.93% |
| Return on Invested Capital | -2.18% |
| Profit Margin (Quarterly) | -2.68% |
| Operating Margin (Quarterly) | 2.47% |
| Return on Net Operating Assets | -1.99% |