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Tethys Petroleum Ltd
XTSX:TPL

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Tethys Petroleum Ltd Logo
Tethys Petroleum Ltd
XTSX:TPL
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Price: 0.93 CAD
Updated: May 16, 2024

Gross Margin
Tethys Petroleum Ltd

83.3%
Current
83%
Average
35.9%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
83.3%
=
Gross Profit
30.4m
/
Revenue
36.5m

Gross Margin Across Competitors

Country GG
Market Cap 106.8m CAD
Gross Margin
83%
Country AU
Market Cap 356.3m USD
Gross Margin
70%
Country US
Market Cap 141.7B USD
Gross Margin
47%
Country CN
Market Cap 919B HKD
Gross Margin
47%
Country CA
Market Cap 110.9B CAD
Gross Margin
50%
Country US
Market Cap 74.1B USD
Gross Margin
63%
Country US
Market Cap 63B USD
Gross Margin
51%
Country US
Market Cap 48.2B USD
Gross Margin
74%
Country AU
Market Cap 53B AUD
Gross Margin
46%
Country US
Market Cap 35B USD
Gross Margin
78%
Country US
Market Cap 31.5B USD
Gross Margin
51%

Profitability Report

View the profitability report to see the full profitability analysis for Tethys Petroleum Ltd.

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
83.3%
=
Gross Profit
30.4m
/
Revenue
36.5m
What is the Gross Margin of Tethys Petroleum Ltd?

Based on Tethys Petroleum Ltd's most recent financial statements, the company has Gross Margin of 83.3%.