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NEW GERMANY FUND (NEW GERMANY FUND) Net Interest Margin (Bank Only) % : N/A% (As of Dec. 2023)


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What is NEW GERMANY FUND 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. NEW GERMANY FUND's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2023 was $0.00 Mil. NEW GERMANY FUND's average earning assets for the quarter that ended in Dec. 2023 was $0.00 Mil. Therefore, NEW GERMANY FUND's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 was N/A%.


NEW GERMANY FUND Net Interest Margin (Bank Only) % Historical Data

The historical data trend for NEW GERMANY FUND'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.

NEW GERMANY FUND Net Interest Margin (Bank Only) % Chart

NEW GERMANY FUND Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
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NEW GERMANY FUND Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of NEW GERMANY FUND's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, NEW GERMANY FUND'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.


NEW GERMANY FUND's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, NEW GERMANY FUND's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where NEW GERMANY FUND's Net Interest Margin (Bank Only) % falls into.



NEW GERMANY FUND 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).

NEW GERMANY FUND's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2022 ) + Earning Assets (A: Dec. 2023 ))/ count )
=0/( (0 + 0)/ 1 )
=0/0
=N/A %

where

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

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

NEW GERMANY FUND's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(Q: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Jun. 2023 ) + Earning Assets (Q: Dec. 2023 ))/ count )
=0/( (0 + 0)/ 1 )
=0/0
=N/A %

where

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

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

* 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 (Dec. 2023) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


NEW GERMANY FUND  (NYSE:GF) 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.


NEW GERMANY FUND Net Interest Margin (Bank Only) % Related Terms

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NEW GERMANY FUND (NEW GERMANY FUND) Business Description

Traded in Other Exchanges
N/A
Address
875 Third Avenue, New York, NY, USA, 10022-6225
NEW GERMANY FUND INC is the United States based non-diversified, closed-end management investment company. As the investment objective, the fund seeks long-term capital appreciation through investment in middle market German equities. The fund's portfolio of investment includes investment in different sectors such as the industrials, information technology, material, consumer discretionary, Communication Services, Financials, Consumer Staples, Real Estate, Utilities, healthcare, Energy and others. Its portfolio is geographically diversified across the Netherlands, Germany, and Italy.
Executives
Bernhard Koepp director C/O ANJIE LAROCCA-LEWIS, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Christopher Pleister director C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Juan Barriobero other: Deputy Portfolio Manager C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Daniel Hann other: Deputy Portfolio Manager C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Alexander Lippert other: Deputy Portfolio Manager C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Holger Hatje director C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Fiona Flannery director C/O ANJIE LAROCCA-LEWIS, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Leon A Cappel other: Deputy Portfolio Manager C/O ANJIE LAROCCA-LEWIS, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Walter C. Dostmann director C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Christian Rijs officer: AML Compliance Officer C/O DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Helen Delman other: Section 16 Officer C/O DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Michelle S. Goveia officer: AML Compliance Officer C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Christian Zugel director TWO BRIDGE AVENUE, SUITE 322, RED HOOK NJ 07701
Alyssa Asbury officer: Assistant Secretary C/O DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Wolfgang Helmut Leoni director C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005

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