GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » MINT Income Fund (GREY:MICFF) » Definitions » Net Margin %

MINTome Fund (MINTome Fund) Net Margin % : 64.77% (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is MINTome Fund Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. MINTome Fund's Net Income for the six months ended in Dec. 2023 was $0.34 Mil. MINTome Fund's Revenue for the six months ended in Dec. 2023 was $0.53 Mil. Therefore, MINTome Fund's net margin for the quarter that ended in Dec. 2023 was 64.77%.

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

MICFF' s Net Margin % Range Over the Past 10 Years
Min: 75.64   Med: 96.55   Max: 118.87
Current: 75.64


MICFF's Net Margin % is ranked worse than
56.15% of 1667 companies
in the Asset Management industry
Industry Median: 86.59 vs MICFF: 75.64

MINTome Fund Net Margin % Historical Data

The historical data trend for MINTome Fund'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.

MINTome Fund Net Margin % Chart

MINTome Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.77 110.95 98.31 91.20 75.67

MINTome Fund Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Margin % 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 97.54 84.29 93.37 80.62 64.77

Competitive Comparison of MINTome Fund's Net Margin %

For the Asset Management subindustry, MINTome Fund'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.


MINTome Fund's Net Margin % Distribution in the Asset Management Industry

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

* The bar in red indicates where MINTome Fund's Net Margin % falls into.



MINTome Fund 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.

MINTome Fund's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1.269/1.677
=75.67 %

MINTome Fund's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=0.342/0.528
=64.77 %

* 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.


MINTome Fund  (GREY:MICFF) 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.


MINTome Fund Net Margin % Related Terms

Thank you for viewing the detailed overview of MINTome Fund's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


MINTome Fund (MINTome Fund) Business Description

Traded in Other Exchanges
Address
First Canadian Place, 58th Floor, P.O. Box 192, Toronto, ON, CAN, M5X 1A6
MINT Income Fund is a closed-end investment trust. The fund's investment objectives are to produce a high level of sustainable income and to minimize the risk of investing in high-income securities on a cost-effective basis. Primarily, it invests in a diversified portfolio of securities consisting of the equity of issuers operating in various industries and geographic regions. Additionally, the fund invests in various sectors, including real estate, financials, pipelines, industrials, healthcare, energy, consumer discretionary, preferred shares, corporate debt, consumer staples, technology, utilities, and metals and mining.

MINTome Fund (MINTome Fund) Headlines

From GuruFocus

MINT Income Fund Distributions

By GlobeNewswire 07-19-2023