Nova Cannabis Inc (NOVC.TO)
1.21
-0.08
(-6.20%)
CAD |
TSX |
May 31, 16:00
Nova Cannabis Gross Profit Margin (Quarterly): 24.56% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 24.56% |
December 31, 2023 | 25.38% |
September 30, 2023 | 25.11% |
June 30, 2023 | 22.83% |
March 31, 2023 | 21.37% |
December 31, 2022 | 20.79% |
September 30, 2022 | 18.90% |
June 30, 2022 | 18.83% |
Date | Value |
---|---|
March 31, 2022 | 18.78% |
December 31, 2021 | 17.66% |
September 30, 2021 | 16.86% |
June 30, 2021 | 17.42% |
March 31, 2021 | 26.02% |
December 31, 2020 | 30.82% |
September 30, 2020 | 33.49% |
June 30, 2020 | 34.26% |
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
16.86%
Minimum
Sep 2021
34.26%
Maximum
Jun 2020
23.32%
Average
22.10%
Median
Gross Profit Margin (Quarterly) Benchmarks
High Tide Inc | 28.11% |
Relevium Technologies Inc | -- |
Gaby Inc | 52.07% |
PeakBirch Commerce Inc | -- |
Neighbourly Pharmacy Inc (DELISTED) | 39.92% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | 6.54% |
Return on Assets | 2.69% |
Return on Invested Capital | 5.14% |
Profit Margin (Quarterly) | -0.52% |
Operating Margin (Quarterly) | 2.97% |
Return on Net Operating Assets | 2.84% |