DDH 1 Drilling Pty Ltd
ASX:DDH

Watchlist Manager
DDH 1 Drilling Pty Ltd Logo
DDH 1 Drilling Pty Ltd
ASX:DDH
Watchlist
Price: 0.84 AUD Market Closed
Market Cap: AU$210.2m

Gross Margin

98.1%
Current
No historical data
Comparison unavailable

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
98.1%
=
Gross Profit
AU$552.6m
/
Revenue
AU$563.5m

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
98.1%
=
Gross Profit
AU$552.6m
/
Revenue
AU$563.5m

Peer Comparison

Country Company Market Cap Gross
Margin
AU
DDH 1 Drilling Pty Ltd
ASX:DDH
210.2m AUD
Loading...
AU
Mitchell Services Ltd
ASX:MSV
101.7m AUD
Loading...
CA
Wealth Minerals Ltd
XTSX:WML
22.2m CAD
Loading...
CA
Millbank Mining Corp
XTSX:MILL
15m CAD
Loading...
AU
SensOre Ltd.
ASX:S3N
8.6m AUD
Loading...
CA
Alma Gold Inc
CNSX:ALMA
5.7m CAD
Loading...
CA
Marvel Discovery Corp
XTSX:MARV
4.5m CAD
Loading...
CA
Terreno Resources Corp
XTSX:TNO.H
4.5m CAD
Loading...
CA
Showcase Minerals Inc
CNSX:SHOW
3.2m CAD
Loading...
CA
Dinero Ventures Ltd
XTSX:DNO
3.1m CAD
Loading...
CA
POWR Lithium Corp
CNSX:POWR
2.9m CAD
Loading...

Market Distribution

Higher than 97% of companies in Australia
Percentile
97th
Based on 2 544 companies
97th percentile
98.1%
Low
-6 907 100% — 21.6%
Typical Range
21.6% — 58.2%
High
58.2% — 2 095.9%
Distribution Statistics
Australia
Min -6 907 100%
30th Percentile 21.6%
Median 38.3%
70th Percentile 58.2%
Max 2 095.9%

DDH 1 Drilling Pty Ltd
Glance View

Market Cap
210.2m AUD
Industry
N/A

DDH 1 Drilling Pty Ltd is an Australia-based company that provides a range of specialized drilling services to companies mining or exploring for mineral deposits in Australia. The Company offers services, including air core drillings, reverse circulation drilling and diamond core drilling. It operates a fleet of approximately 96 mineral drilling rigs. It provides specialized drilling services from three complementary drilling brands: DDH1 Drilling, Strike Drilling and Ranger Drilling. DDH1 Drilling provides diamond core drilling services, which are mostly required for near mine exploration, mine development and production drilling activities, typically at greater depths and with technical complex. Strike Drilling provides air core and reverse circulation drilling services, which are primarily used for earlier stage exploration drilling activities. Ranger Drilling primarily provides reverse circulation drilling services to the Western Australian iron ore industry.

DDH Intrinsic Value
Not Available
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
98.1%
=
Gross Profit
AU$552.6m
/
Revenue
AU$563.5m
What is DDH 1 Drilling Pty Ltd's current Gross Margin?

The current Gross Margin for DDH 1 Drilling Pty Ltd is 98.1%, which is in line with its 3-year median of 98.1%.

How has Gross Margin changed over time?

Over the last 2 years, DDH 1 Drilling Pty Ltd’s Gross Margin has increased from 97.8% to 98.1%. During this period, it reached a low of 97.6% on Jun 30, 2022 and a high of 98.1% on Jun 30, 2023.

Back to Top
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett