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Mexico Equity andome Fund (Mexico Equity andome Fund) Net Margin % : 86.97% (As of Jan. 2024)


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What is Mexico Equity andome Fund Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Mexico Equity andome Fund's Net Income for the six months ended in Jan. 2024 was $1.98 Mil. Mexico Equity andome Fund's Revenue for the six months ended in Jan. 2024 was $2.28 Mil. Therefore, Mexico Equity andome Fund's net margin for the quarter that ended in Jan. 2024 was 86.97%.

The historical rank and industry rank for Mexico Equity andome Fund's Net Margin % or its related term are showing as below:

MXE' s Net Margin % Range Over the Past 10 Years
Min: 39.59   Med: 104.93   Max: 130.17
Current: 86.97


MXE's Net Margin % is ranked better than
50.84% of 1668 companies
in the Asset Management industry
Industry Median: 85.935 vs MXE: 86.97

Mexico Equity andome Fund Net Margin % Historical Data

The historical data trend for Mexico Equity andome 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.

Mexico Equity andome Fund Net Margin % Chart

Mexico Equity andome Fund Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Net Margin %
Get a 7-Day Free Trial 130.17 104.93 39.59 94.19 123.60

Mexico Equity andome Fund Semi-Annual Data
Jul16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jan24
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 95.55 126.04 121.60 97.73 86.97

Competitive Comparison of Mexico Equity andome Fund's Net Margin %

For the Asset Management subindustry, Mexico Equity andome 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.


Mexico Equity andome Fund's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mexico Equity andome Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Mexico Equity andome Fund's Net Margin % falls into.



Mexico Equity andome 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.

Mexico Equity andome Fund's Net Margin for the fiscal year that ended in Jul. 2022 is calculated as

Net Margin=Net Income (A: Jul. 2022 )/Revenue (A: Jul. 2022 )
=-3.163/-2.559
=123.60 %

Mexico Equity andome Fund's Net Margin for the quarter that ended in Jan. 2024 is calculated as

Net Margin=Net Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=1.983/2.28
=86.97 %

* 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.


Mexico Equity andome Fund  (NYSE:MXE) 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.


Mexico Equity andome Fund Net Margin % Related Terms

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Mexico Equity andome Fund (Mexico Equity andome Fund) Business Description

Traded in Other Exchanges
N/A
Address
615 East Michigan Street, Milwaukee, WI, USA, 53202
Mexico Equity and Income Fund Inc is a closed-end, non-diversified management investment company. It maintains an investment objective of long-term capital appreciation through investments in securities, primarily equity, listed on the Mexican Stock Exchange. The company provides a vehicle to investors who wish to invest in Mexican companies through a managed non-diversified portfolio as part of their overall investment program.
Executives
Rajeev P Das director 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Richard Leo Abraham director 143 COLFAX ROAD, HAVERTOWN PA 19083
Stephanie Darling officer: Chief Compliance Officer 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
City Of London Investment Group Plc 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Phillip Goldstein director 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
City Of London Investment Management Co Ltd 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Andrew Dakos director 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Glenn Goodstein director C/O THE MEXICO EQUITY AND INCOME FUND, 615 EAST MICHIGAN STREET, 2ND FLOOR, MILWAUKEE WI 53202
Maria Eugenia Pichardo director, officer: President C/O PICHARDO ASSET MANAGEMENT, PASEO DE TAMARINDOS 45-201, BOSQUES DE LAS LOMAS O5 DF 05120
Bank Ag\ Deutsche 10 percent owner TAUNUSANLAGE 12 D-60325, FRANKFURT AM MAIN 2M 00000

Mexico Equity andome Fund (Mexico Equity andome Fund) Headlines

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