Avance Gas Holding Ltd
OTC:AVACF

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Avance Gas Holding Ltd Logo
Avance Gas Holding Ltd
OTC:AVACF
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Price: 0.0001 USD Market Closed
Market Cap: $7.7k

Gross Margin

73.7%
Current
Declining
by 2.6%
vs 3-y average of 76.4%

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
73.7%
=
Gross Profit
$214.8m
/
Revenue
$291.3m

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
73.7%
=
Gross Profit
$214.8m
/
Revenue
$291.3m

Peer Comparison

Country Company Market Cap Gross
Margin
BM
Avance Gas Holding Ltd
OSE:AGAS
10.4m NOK
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CA
Enbridge Inc
TSX:ENB
158.6B CAD
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US
Williams Companies Inc
NYSE:WMB
91.3B USD
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US
Enterprise Products Partners LP
NYSE:EPD
78.2B USD
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US
Kinder Morgan Inc
NYSE:KMI
73.7B USD
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CA
TC Energy Corp
TSX:TRP
91.8B CAD
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US
Energy Transfer LP
NYSE:ET
64.7B USD
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US
MPLX LP
NYSE:MPLX
60.1B USD
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US
ONEOK Inc
NYSE:OKE
52.1B USD
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US
Cheniere Energy Inc
NYSE:LNG
50.7B USD
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US
Targa Resources Corp
NYSE:TRGP
50.4B USD
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Market Distribution

Higher than 93% of companies in Bermuda
Percentile
93rd
Based on 115 companies
93rd percentile
73.7%
Low
-58.4% — 8.5%
Typical Range
8.5% — 46.6%
High
46.6% — 104.1%
Distribution Statistics
Bermuda
Min -58.4%
30th Percentile 8.5%
Median 35.8%
70th Percentile 46.6%
Max 104.1%

Avance Gas Holding Ltd
Glance View

Avance Gas Holding Ltd. engages in the operation and transportation of liquefied petroleum gas. The firm is an owner and operator of very large gas carriers (VLGCs). Avance Gas provides LPG transportation services to destinations in Europe, South America, India and Asia, mainly loading the Middle East Gulf and the United States Gulf/United States East Coast. The company provides customers with transportation services through a combination of contract and spot market voyages. The firm's fleet consists of approximately 13 VLGCs and four dual fuel new buildings. The firm's fleet of vessels includes Iris Glory, Venus Glory, Promise, Mistral (scrubber), Monsoon, Breeze, Passat, Sirocco, Levant, Chinook and Pampero.

AVACF 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
73.7%
=
Gross Profit
$214.8m
/
Revenue
$291.3m
What is Avance Gas Holding Ltd's current Gross Margin?

The current Gross Margin for Avance Gas Holding Ltd is 73.7%, which is below its 3-year median of 76.4%.

How has Gross Margin changed over time?

Over the last 3 years, Avance Gas Holding Ltd’s Gross Margin has increased from 66.2% to 73.7%. During this period, it reached a low of 66.2% on Mar 31, 2022 and a high of 78.2% on Jun 30, 2024.

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