GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » DW Catalyst Fund Ltd (LSE:DWCG) » Definitions » Net Interest Margin (Bank Only) %

DW Catalyst Fund (LSE:DWCG) Net Interest Margin (Bank Only) % : -1,938.34% (As of Dec. 2016)


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

What is DW Catalyst 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. DW Catalyst Fund's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2016 was £45.14 Mil. DW Catalyst Fund's average earning assets for the quarter that ended in Dec. 2016 was £-2.33 Mil. Therefore, DW Catalyst Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2016 was -1,938.34%.


DW Catalyst Fund Net Interest Margin (Bank Only) % Historical Data

The historical data trend for DW Catalyst 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.

DW Catalyst Fund Net Interest Margin (Bank Only) % Chart

DW Catalyst Fund Annual Data
Trend Dec10 Dec12 Dec13 Dec14 Dec15 Dec16
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial -7.83 -815.50 -2,873.55 -25,581.42 -2,267.12

DW Catalyst Fund Semi-Annual Data
Dec10 Jun11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12,636.19 -17,718.44 -22,289.71 -1,899.05 -1,938.34

Competitive Comparison of DW Catalyst Fund's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, DW Catalyst 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.


DW Catalyst Fund's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

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

* The bar in red indicates where DW Catalyst Fund's Net Interest Margin (Bank Only) % falls into.



DW Catalyst 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).

DW Catalyst Fund's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2016 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2016 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2015 ) + Earning Assets (A: Dec. 2016 ))/ count )
=33.338/( (-0.138 + -2.803)/ 2 )
=33.338/-1.4705
=-2,267.12 %

where

Earning Assets(A: Dec. 2015 )
=Money Market Investments + Net Loan + Securities & Investments
=-0.138 + 0 + 0
=-0.138

Earning Assets(A: Dec. 2016 )
=Money Market Investments + Net Loan + Securities & Investments
=-2.803 + 0 + 0
=-2.803

DW Catalyst Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2016 is calculated as

Net Interest Margin (Bank Only) %(Q: Dec. 2016 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Jun. 2016 ) + Earning Assets (Q: Dec. 2016 ))/ count )
=45.144/( (-1.855 + -2.803)/ 2 )
=45.144/-2.329
=-1,938.34 %

where

Earning Assets(Q: Jun. 2016 )
=Money Market Investments + Net Loan + Securities & Investments
=-1.855 + 0 + 0
=-1.855

Earning Assets(Q: Dec. 2016 )
=Money Market Investments + Net Loan + Securities & Investments
=-2.803 + 0 + 0
=-2.803

* 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. 2016) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


DW Catalyst Fund  (LSE:DWCG) 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.


DW Catalyst Fund Net Interest Margin (Bank Only) % Related Terms

Thank you for viewing the detailed overview of DW Catalyst Fund's Net Interest Margin (Bank Only) % provided by GuruFocus.com. Please click on the following links to see related term pages.


DW Catalyst Fund (LSE:DWCG) Business Description

Traded in Other Exchanges
N/A
Address
DW Catalyst Fund Ltd is a closed-ended collective investment company. The company invests all of its assets (net of short-term working capital) in the shares of the DW Catalyst Offshore Fund. The company's investment objective is to seek to generate high absolute returns through exposure to financial assets predominantly in the corporate credit, mortgage-backed securities, and asset-backed securities markets. The company's investment policy is to invest its assets in the Feeder Fund.

DW Catalyst Fund (LSE:DWCG) Headlines

No Headlines