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Mount Logan Capital (NEOE:MLC) Selling, General, & Admin. Expense : C$35.0 Mil (TTM As of Mar. 2024)


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What is Mount Logan Capital Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Mount Logan Capital's selling, general, & admin. expense for the three months ended in Mar. 2024 was C$8.3 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$35.0 Mil.


Mount Logan Capital Selling, General, & Admin. Expense Historical Data

The historical data trend for Mount Logan Capital's Selling, General, & Admin. Expense 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.

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Mount Logan Capital Selling, General, & Admin. Expense Chart

Mount Logan Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 2.13 7.88 27.58 37.20

Mount Logan Capital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Selling, General, & Admin. Expense 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 10.72 8.10 9.24 9.35 8.30

Competitive Comparison of Mount Logan Capital's Selling, General, & Admin. Expense

For the Asset Management subindustry, Mount Logan Capital's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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.


Mount Logan Capital's Selling, General, & Admin. Expense Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mount Logan Capital's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Mount Logan Capital's Selling, General, & Admin. Expense falls into.



Mount Logan Capital Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$35.0 Mil.

* 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.


Mount Logan Capital  (NEOE:MLC) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Mount Logan Capital Selling, General, & Admin. Expense Related Terms

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Mount Logan Capital (NEOE:MLC) Business Description

Traded in Other Exchanges
Address
650 Madison Avenue, 23rd Floor, New York, NY, USA, 10022
Mount Logan Capital Inc operates as emerging asset management and investment firm primarily focused on investing in public and private debt securities in the North American market. It holds and actively manages and monitors a portfolio of loans and other investments with credit-oriented characteristics. It actively sources, evaluates, underwrites, monitors, and primarily invests in loans, debt securities, and other credit-oriented instruments that present attractive risk-adjusted returns and present a low risk of principal impairment through the credit cycle. The company's investment objective is to achieve income and potential capital gains, with attractive risk adjusted return, low volatility, and low risk of principal impairment through the credit cycle.
Executives
Edward Goldthorpe Director, Senior Officer

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