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Cornerstone Strategic Value Fund (Cornerstone Strategic Value Fund) Net Margin % : 99.22% (As of Dec. 2023)


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What is Cornerstone Strategic Value Fund Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Cornerstone Strategic Value Fund's Net Income for the six months ended in Dec. 2023 was $105.8 Mil. Cornerstone Strategic Value Fund's Revenue for the six months ended in Dec. 2023 was $106.6 Mil. Therefore, Cornerstone Strategic Value Fund's net margin for the quarter that ended in Dec. 2023 was 99.22%.

The historical rank and industry rank for Cornerstone Strategic Value Fund's Net Margin % or its related term are showing as below:

CLM' s Net Margin % Range Over the Past 10 Years
Min: 97.11   Med: 99.46   Max: 103.6
Current: 99.6


CLM's Net Margin % is ranked better than
79.87% of 1669 companies
in the Asset Management industry
Industry Median: 86.05 vs CLM: 99.60

Cornerstone Strategic Value Fund Net Margin % Historical Data

The historical data trend for Cornerstone Strategic Value Fund'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.

Cornerstone Strategic Value Fund Net Margin % Chart

Cornerstone Strategic Value Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.50 99.01 99.41 100.57 99.60

Cornerstone Strategic Value Fund Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 99.33 100.27 109.57 99.74 99.22

Competitive Comparison of Cornerstone Strategic Value Fund's Net Margin %

For the Asset Management subindustry, Cornerstone Strategic Value Fund'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.


Cornerstone Strategic Value Fund's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cornerstone Strategic Value Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Cornerstone Strategic Value Fund's Net Margin % falls into.



Cornerstone Strategic Value Fund 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.

Cornerstone Strategic Value Fund's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=393.247/394.835
=99.60 %

Cornerstone Strategic Value Fund's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=105.769/106.598
=99.22 %

* 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.


Cornerstone Strategic Value Fund  (AMEX:CLM) 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.


Cornerstone Strategic Value Fund Net Margin % Related Terms

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Cornerstone Strategic Value Fund (Cornerstone Strategic Value Fund) Business Description

Traded in Other Exchanges
N/A
Address
225 Pictoria Drive, Suite 450, Cincinnati, OH, USA, 45246
Cornerstone Strategic Value Fund Inc is a closed-end management investment company. The fund's objective is to seek long-term capital appreciation through investments in equity securities of U.S. and non-U.S. companies. It invests in various sectors, which include financials, information technology, healthcare, consumer discretionary, industrials, consumer staples, energy, telecommunication services, materials, and other sectors.
Executives
Matthew Morris director 1905 SHARP PL, HOUSTON TX 77019
Daniel Bradshaw director 1075 HENDERSONVILLE ROAD, SUITE 250, ASHEVILLE NC 28803
Brian James Lutes officer: Treasurer C/O ULTIMUS FUND SOLUTIONS, LLC, 225 PICTORIA DRIVE, SUITE 450, CINCINNATI OH 45246
Joshua Bradshaw director 1075 HENDERSONVILLE ROAD, SUITE 250, ASHEVILLE NC 28803
Ralph W Bradshaw director, officer: President 1075 HENDERSONVILLE ROAD, SUITE 250, ASHEVILLE NC 28803
Marcia Emilia Malzahn director 16494 73RD AVENUE N, MAPLE GROVE MN 55311
Scott B Rogers director 6 BEAVERDAM CT., ASHEVILLE NC 28804
Hoyt M. Peters officer: Secretary 1075 HENDERSONVILLE ROAD, ASHEVILLE NC 28803
Alan M. Mandel officer: Treasurer C/O SCHRODERS, 875 THIRD AVENUE, 22ND FLOOR, NEW YORK NY 10022
Wilcox Glenn W Sr director ONE WEST PACK SQUARE SUITE 1700, ASHEVILLE NC 28801
Robert E Dean director 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Frank J. Maresca officer: Treasurer 5 GREENVIEW CIR., HUNTINGTON NY 11743-5152
Theresa Minogue Bridge officer: Treasurer C/O ULTIMUS FUND SOLUTIONS, LLC, 225 PICTORIA DRIVE, SUITE 450, CINCINNATI OH 45246
Andrew A Strauss director 77 CENTRAL AVE SUITE F, ASHEVILLE NC 28801
Thomas H Lenagh director DEUTSCHE ASSET MANAGEMENT, 1 SOUTH STREET, BALTIMORE MD 21201

Cornerstone Strategic Value Fund (Cornerstone Strategic Value Fund) Headlines