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Apollo Senior Floating Rate Fund (Apollo Senior Floating Rate Fund) Pretax Margin % : 92.94% (As of Dec. 2023)


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What is Apollo Senior Floating Rate Fund Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Apollo Senior Floating Rate Fund's Pre-Tax Income for the six months ended in Dec. 2023 was $16.00 Mil. Apollo Senior Floating Rate Fund's Revenue for the six months ended in Dec. 2023 was $17.21 Mil. Therefore, Apollo Senior Floating Rate Fund's pretax margin for the quarter that ended in Dec. 2023 was 92.94%.

The historical rank and industry rank for Apollo Senior Floating Rate Fund's Pretax Margin % or its related term are showing as below:

AFT' s Pretax Margin % Range Over the Past 10 Years
Min: 65.45   Med: 93.52   Max: 201.29
Current: 94.15


AFT's Pretax Margin % is ranked better than
56.39% of 1667 companies
in the Asset Management industry
Industry Median: 89.59 vs AFT: 94.15

Apollo Senior Floating Rate Fund Pretax Margin % Historical Data

The historical data trend for Apollo Senior Floating Rate Fund's Pretax 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.

Apollo Senior Floating Rate Fund Pretax Margin % Chart

Apollo Senior Floating Rate Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial 93.52 65.45 89.20 113.11 94.15

Apollo Senior Floating Rate Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 76.42 104.29 84.53 95.15 92.94

Competitive Comparison of Apollo Senior Floating Rate Fund's Pretax Margin %

For the Asset Management subindustry, Apollo Senior Floating Rate Fund's Pretax Margin %, along with its competitors' market caps and Pretax 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.


Apollo Senior Floating Rate Fund's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Apollo Senior Floating Rate Fund's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Apollo Senior Floating Rate Fund's Pretax Margin % falls into.



Apollo Senior Floating Rate Fund Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Apollo Senior Floating Rate Fund's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=35.963/38.197
=94.15 %

Apollo Senior Floating Rate Fund's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=15.996/17.212
=92.94 %

* 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.


Apollo Senior Floating Rate Fund  (NYSE:AFT) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Apollo Senior Floating Rate Fund Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Apollo Senior Floating Rate Fund's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Apollo Senior Floating Rate Fund (Apollo Senior Floating Rate Fund) Business Description

Traded in Other Exchanges
N/A
Address
9 West 57th Street, New York, NY, USA, 10019
Apollo Senior Floating Rate Fund Inc.is a diversified, closed-end management investment company. The Fund's investment objective is to seek current income and preservation of capital by investing in senior, secured loans made to companies whose debt is rated below investment grade and investments with similar economic characteristics. Senior loans typically hold a first lien priority and pay floating rates of interest, generally quoted as a spread over a reference floating rate benchmark. Under normal market conditions, the Fund invests at least 80% of its managed assets (which includes leverage) in floating rate senior loans and investments with similar economic characteristics.
Executives
James Vanek officer: See Remarks 9 W 57TH STREET, FLOOR 41, NEW YORK NY 10019
Ryan Delgiudice officer: See Remarks 1520 E. GRAND AVENUE, EL SEGUNDO CA 90245
Kristin Hester officer: See Remarks 9 WEST 57TH STREET, NEW YORK NY 10019
Robert L Borden director C/O ATHENE HOLDING LTD., WASHINGTON HOUSE, 16 CHURCH STREET, HAMILTON D0 HM 11
Seifert Kenneth Lee Jr. officer: See Remarks 9 WEST 57TH STREET, NEW YORK NY 10019
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
Joseph A. Moroney officer: President and CIO C/O APOLLO SENIOR FLOATING RATE FUND, 9 WEST 57TH STREET, NEW YORK NY 10019
Apollo Total Return Master Fund L.p. other: See Remarks ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10057
Frank F Marra officer: Treasurer and CFO APOLLO GLOBAL MANAGEMENT, 730 FIFTH AVE, 11TH FLOOR, NEW YORK NY 10019
Elliot Jr Stein director C/ COMMONWEALTH CAPITAL PARTNERS, 444 MADISON AVE, NEW YORK NY 10022
Barry J. Cohen director C/O APOLLO SENIOR FLOATING RATE FUND INC, 9 WEST 57TH STREET, NEW YORK NY 10019
John J Hannan director 9 WEST 57TH STREET, NEW YORK NY 10019
Todd J Slotkin director 35 EAST 62ND STREET, NEW YORK NY 10021
Glenn N Marchak director CITIGROUP ASSET MANAGEMENT, 300 FIRST STAMFORD PLACE 4TH FL, STAMFORD CT 06902