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Schroderome Growth Fund (LSE:SCF) Net Interest Margin (Bank Only) % : N/A% (As of Feb. 2024)


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What is Schroderome Growth 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. Schroderome Growth Fund's annualized Net Interest Income (for Banks) for the quarter that ended in Feb. 2024 was £-1.93 Mil. Schroderome Growth Fund's average earning assets for the quarter that ended in Feb. 2024 was £0.00 Mil. Therefore, Schroderome Growth Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Feb. 2024 was N/A%.


Schroderome Growth Fund Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Schroderome Growth 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.

Schroderome Growth Fund Net Interest Margin (Bank Only) % Chart

Schroderome Growth Fund Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Net Interest Margin (Bank Only) %
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Schroderome Growth Fund Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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Competitive Comparison of Schroderome Growth Fund's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, Schroderome Growth 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.


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

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

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



Schroderome Growth 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).

Schroderome Growth Fund's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Aug. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Aug. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Aug. 2022 ) + Earning Assets (A: Aug. 2023 ))/ count )
=-1.277/( (0 + 0)/ 1 )
=-1.277/0
=N/A %

where

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

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

Schroderome Growth Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Feb. 2024 is calculated as

Net Interest Margin (Bank Only) %(Q: Feb. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Aug. 2023 ) + Earning Assets (Q: Feb. 2024 ))/ count )
=-1.926/( (0 + 0)/ 1 )
=-1.926/0
=N/A %

where

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

Earning Assets(Q: Feb. 2024 )
=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 (Feb. 2024) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Schroderome Growth Fund  (LSE:SCF) 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.


Schroderome Growth Fund Net Interest Margin (Bank Only) % Related Terms

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Schroderome Growth Fund (LSE:SCF) Business Description

Traded in Other Exchanges
Address
1 London Wall Place, London, GBR, EC2Y 5AU
Schroder Income Growth Fund PLC is an investment trust engaged in the business of asset management. It manages assets of institutional and retail investors, financial institutions, and high net worth individuals. The company's objective is to provide growth of income by investing mainly in above average yielding UK equities, fixed income, multi-asset, alternatives and real estate asset classes. It invests across the markets with a focus on building a diversified portfolio within a risk-controlled framework and also consists of research, portfolio construction, and review/sell discipline stages.

Schroderome Growth Fund (LSE:SCF) Headlines

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