Nova Cannabis Inc (NOVC.TO)
1.75
0.00 (0.00%)
CAD |
TSX |
Oct 22, 16:00
Nova Cannabis Gross Profit Margin (Quarterly): 24.25% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 24.25% |
| 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
23.37%
Average
22.83%
Median
Jun 2023
Gross Profit Margin (Quarterly) Benchmarks
| Relevium Technologies Inc | -- |
| High Tide Inc | 26.92% |
| PeakBirch Commerce Inc | -- |
| Kiaro Holdings Corp | -- |
| Shiny Health & Wellness Corp | 34.19% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 5.94% |
| Return on Assets | 2.47% |
| Return on Invested Capital | 4.69% |
| Profit Margin (Quarterly) | 1.24% |
| Operating Margin (Quarterly) | 2.83% |
| Return on Net Operating Assets | 2.66% |