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ASA Gold And Precious Metals (ASA Gold And Precious Metals) Net Margin % : 104.75% (As of Nov. 2023)


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What is ASA Gold And Precious Metals Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. ASA Gold And Precious Metals's Net Income for the six months ended in Nov. 2023 was $-11.82 Mil. ASA Gold And Precious Metals's Revenue for the six months ended in Nov. 2023 was $-11.29 Mil. Therefore, ASA Gold And Precious Metals's net margin for the quarter that ended in Nov. 2023 was 104.75%.

The historical rank and industry rank for ASA Gold And Precious Metals's Net Margin % or its related term are showing as below:

ASA' s Net Margin % Range Over the Past 10 Years
Min: 36.21   Med: 96.94   Max: 106.63
Current: 89.86


ASA's Net Margin % is ranked better than
54.1% of 1669 companies
in the Asset Management industry
Industry Median: 86.04 vs ASA: 89.86

ASA Gold And Precious Metals Net Margin % Historical Data

The historical data trend for ASA Gold And Precious Metals'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.

ASA Gold And Precious Metals Net Margin % Chart

ASA Gold And Precious Metals Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Net Margin %
Get a 7-Day Free Trial 97.58 99.32 94.84 100.76 89.86

ASA Gold And Precious Metals Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 100.68 100.67 100.85 97.46 104.75

Competitive Comparison of ASA Gold And Precious Metals's Net Margin %

For the Asset Management subindustry, ASA Gold And Precious Metals'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.


ASA Gold And Precious Metals's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ASA Gold And Precious Metals's Net Margin % distribution charts can be found below:

* The bar in red indicates where ASA Gold And Precious Metals's Net Margin % falls into.



ASA Gold And Precious Metals 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.

ASA Gold And Precious Metals's Net Margin for the fiscal year that ended in Nov. 2023 is calculated as

Net Margin=Net Income (A: Nov. 2023 )/Revenue (A: Nov. 2023 )
=9.726/10.823
=89.86 %

ASA Gold And Precious Metals's Net Margin for the quarter that ended in Nov. 2023 is calculated as

Net Margin=Net Income (Q: Nov. 2023 )/Revenue (Q: Nov. 2023 )
=-11.822/-11.286
=104.75 %

* 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.


ASA Gold And Precious Metals  (NYSE:ASA) 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.


ASA Gold And Precious Metals Net Margin % Related Terms

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


ASA Gold And Precious Metals (ASA Gold And Precious Metals) Business Description

Traded in Other Exchanges
N/A
Address
Three Canal Plaza, Suite 600, Portland, ME, USA, 04101
ASA Gold And Precious Metals Ltd is a closed-end, non-diversified investment company. Its objective is to provide long-term capital appreciation primarily through investing in companies engaged in the exploration for, development of projects, or mining of precious metals and minerals.
Executives
Mary Joan Hoene director 400 S EL CAMINO REAL, STE 710, SAN MATEO CA 94402
Alexander Merk officer: COO 44 MONTGOMERY STREET, #3730, SAN FRANCISCO CA 94104
Bruce D Hansen director 1700 LINCOLN STREET, 28TH FLOOR, DENVER CO 80203
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Nancy J. Tyminski other: Deputy CCO 3 CANAL PLAZA, SUITE 600, PORTLAND ME 04101
William Donovan director 100 VISTA CIRCLE, APARTMENT 315, PITTSBURGH PA 15238
James E Holman other: Analyst, Merk Investments, LLC THREE CANAL PLAZA, SUITE 600, PORTLAND ME 04101
Peter Maletis officer: President 44 MONTGOMERY STREET, #3730, SAN FRANCISCO CA 94104
Anthony J. Artabane director 4 LITTLE KINGS LANE, RYE BROOK NY 10573
Zachary R Tackett officer: Secretary 77 CONGRESS STREET, APT. #1, PORTLAND ME 04101
Gino E Malaspina officer: Secretary 3 CANAL PLAZA, SUITE 600, PORTLAND ME 04101
Karen Shaw officer: PFO 3 BUNKER HILL TERRACE, SCARBOROUGH ME 04074
David J Christensen officer: Vice President - Investments 400 S. EL CAMINO REAL, SUITE 710, SAN MATEO CA 94402
Danielle Kulp officer: Secretary and Deputy CCO 1409 KUTZ DRIVE, POTTSTOWN PA 19465

ASA Gold And Precious Metals (ASA Gold And Precious Metals) Headlines