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Western Asset Highome Fund II (Western Asset Highome Fund II) Net Margin % : 117.32% (As of Oct. 2023)


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What is Western Asset Highome Fund II Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Western Asset Highome Fund II's Net Income for the six months ended in Oct. 2023 was $-2.83 Mil. Western Asset Highome Fund II's Revenue for the six months ended in Oct. 2023 was $-2.41 Mil. Therefore, Western Asset Highome Fund II's net margin for the quarter that ended in Oct. 2023 was 117.32%.

The historical rank and industry rank for Western Asset Highome Fund II's Net Margin % or its related term are showing as below:

HIX' s Net Margin % Range Over the Past 10 Years
Min: 89.36   Med: 100.41   Max: 104.34
Current: 89.36


HIX's Net Margin % is ranked better than
52.22% of 1668 companies
in the Asset Management industry
Industry Median: 86.62 vs HIX: 89.36

Western Asset Highome Fund II Net Margin % Historical Data

The historical data trend for Western Asset Highome Fund II's Net Margin % 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.

Western Asset Highome Fund II Net Margin % Chart

Western Asset Highome Fund II Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Net Margin %
Get a 7-Day Free Trial 98.31 104.34 99.30 101.52 102.67

Western Asset Highome Fund II Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 96.45 100.54 101.14 96.39 117.32

Competitive Comparison of Western Asset Highome Fund II's Net Margin %

For the Asset Management subindustry, Western Asset Highome Fund II's Net Margin %, along with its competitors' market caps and Net Margin % 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.


Western Asset Highome Fund II's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Highome Fund II's Net Margin % distribution charts can be found below:

* The bar in red indicates where Western Asset Highome Fund II's Net Margin % falls into.



Western Asset Highome Fund II Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Western Asset Highome Fund II's Net Margin for the fiscal year that ended in Apr. 2023 is calculated as

Net Margin=Net Income (A: Apr. 2023 )/Revenue (A: Apr. 2023 )
=-30.514/-29.721
=102.67 %

Western Asset Highome Fund II's Net Margin for the quarter that ended in Oct. 2023 is calculated as

Net Margin=Net Income (Q: Oct. 2023 )/Revenue (Q: Oct. 2023 )
=-2.825/-2.408
=117.32 %

* 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.


Western Asset Highome Fund II  (NYSE:HIX) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Western Asset Highome Fund II Net Margin % Related Terms

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Western Asset Highome Fund II (Western Asset Highome Fund II) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
Western Asset High Income Fund II Inc is a diversified closed-end management investment company. Its investment objective is to maximize current income by investing at least 80% of its net assets and borrowings for investment purposes in high-yield debt securities.
Executives
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Hoffmann Courtney A. other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Andrew J. Bowden other: COO/Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Eileen A Kamerick director 200 NORTH ADAMS STREET, GREEN BAY WI 54301
Daniel P Cronin director 235 EAST 42ND ST, NEW YORK NY 10017
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
Brian Eakes other: Manager/Investment Manager 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Matthew Nicholls other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Sub-Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Fred Steven Jensen officer: Chief Compliance Officer LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Nisha Kumar director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103