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BlackRock Energy and Resourcesome Trust (LSE:BERI) Net Interest Margin (Bank Only) % : -30.34% (As of Nov. 2023)


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What is BlackRock Energy and Resourcesome Trust Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. BlackRock Energy and Resourcesome Trust's annualized Net Interest Income (for Banks) for the quarter that ended in Nov. 2023 was £-0.40 Mil. BlackRock Energy and Resourcesome Trust's average earning assets for the quarter that ended in Nov. 2023 was £1.31 Mil. Therefore, BlackRock Energy and Resourcesome Trust's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Nov. 2023 was -30.34%.


BlackRock Energy and Resourcesome Trust Net Interest Margin (Bank Only) % Historical Data

The historical data trend for BlackRock Energy and Resourcesome Trust's Net Interest Margin (Bank Only) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BlackRock Energy and Resourcesome Trust Net Interest Margin (Bank Only) % Chart

BlackRock Energy and Resourcesome Trust Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.08 404.72 371.17 150.88 -26.66

BlackRock Energy and Resourcesome Trust Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 99.65 -12.84 -30.34

Competitive Comparison of BlackRock Energy and Resourcesome Trust's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, BlackRock Energy and Resourcesome Trust's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BlackRock Energy and Resourcesome Trust's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock Energy and Resourcesome Trust's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where BlackRock Energy and Resourcesome Trust's Net Interest Margin (Bank Only) % falls into.



BlackRock Energy and Resourcesome Trust Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

BlackRock Energy and Resourcesome Trust's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Nov. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Nov. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Nov. 2022 ) + Earning Assets (A: Nov. 2023 ))/ count )
=-0.243/( (0.285 + 1.538)/ 2 )
=-0.243/0.9115
=-26.66 %

where

Earning Assets(A: Nov. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0.285 + 0 + 0
=0.285

Earning Assets(A: Nov. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=1.538 + 0 + 0
=1.538

BlackRock Energy and Resourcesome Trust's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Nov. 2023 is calculated as

Net Interest Margin (Bank Only) %(Q: Nov. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: May. 2023 ) + Earning Assets (Q: Nov. 2023 ))/ count )
=-0.398/( (1.086 + 1.538)/ 2 )
=-0.398/1.312
=-30.34 %

where

Earning Assets(Q: May. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=1.086 + 0 + 0
=1.086

Earning Assets(Q: Nov. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=1.538 + 0 + 0
=1.538

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is two times the semi-annual (Nov. 2023) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


BlackRock Energy and Resourcesome Trust  (LSE:BERI) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


BlackRock Energy and Resourcesome Trust Net Interest Margin (Bank Only) % Related Terms

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BlackRock Energy and Resourcesome Trust (LSE:BERI) Business Description

Traded in Other Exchanges
Address
12 Throgmorton Avenue, London, GBR, EC2N 2DL
BlackRock Energy and Resources Income Trust PLC is a UK-based investment trust company. The company's objectives are to achieve an annual dividend target and, over the long term, capital growth by investing in securities of companies operating in the mining and energy sectors. It seeks to achieve its objectives through a focused portfolio consisting of approximately thirty to one hundred and fifty securities. The company operates a flexible gearing policy that depends on prevailing market conditions.