Avance Gas Holding Ltd
OTC:AVACF
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.
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.
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
| Min | -58.4% |
| 30th Percentile | 8.5% |
| Median | 35.8% |
| 70th Percentile | 46.6% |
| Max | 104.1% |
Other Profitability Ratios
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.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Avance Gas Holding Ltd is 73.7%, which is below its 3-year median of 76.4%.
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.