GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » L1 Long Short Fund Ltd (ASX:LSF) » Definitions » Pretax Margin %

L1 Long Short Fund (ASX:LSF) Pretax Margin % : 87.01% (As of Dec. 2022)


View and export this data going back to 2018. Start your Free Trial

What is L1 Long Short Fund Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. L1 Long Short Fund's Pre-Tax Income for the six months ended in Dec. 2022 was A$184.0 Mil. L1 Long Short Fund's Revenue for the six months ended in Dec. 2022 was A$211.5 Mil. Therefore, L1 Long Short Fund's pretax margin for the quarter that ended in Dec. 2022 was 87.01%.

The historical rank and industry rank for L1 Long Short Fund's Pretax Margin % or its related term are showing as below:


ASX:LSF's Pretax Margin % is not ranked *
in the Asset Management industry.
Industry Median: 90.52
* Ranked among companies with meaningful Pretax Margin % only.

L1 Long Short Fund Pretax Margin % Historical Data

The historical data trend for L1 Long Short 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.

L1 Long Short Fund Pretax Margin % Chart

L1 Long Short Fund Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22
Pretax Margin %
80.16 211.56 -498.28 95.21 76.80

L1 Long Short Fund Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.45 93.11 87.11 20.36 87.01

Competitive Comparison of L1 Long Short Fund's Pretax Margin %

For the Asset Management subindustry, L1 Long Short 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.


L1 Long Short Fund's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, L1 Long Short Fund's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where L1 Long Short Fund's Pretax Margin % falls into.



L1 Long Short 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.

L1 Long Short Fund's Pretax Margin for the fiscal year that ended in Jun. 2022 is calculated as

Pretax Margin=Pre-Tax Income (A: Jun. 2022 )/Revenue (A: Jun. 2022 )
=183.313/238.683
=76.80 %

L1 Long Short Fund's Pretax Margin for the quarter that ended in Dec. 2022 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2022 )/Revenue (Q: Dec. 2022 )
=183.998/211.46
=87.01 %

* 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.


L1 Long Short Fund  (ASX:LSF) 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.


L1 Long Short Fund Pretax Margin % Related Terms

Thank you for viewing the detailed overview of L1 Long Short Fund's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


L1 Long Short Fund (ASX:LSF) Business Description

Traded in Other Exchanges
N/A
Address
Level 7, 330 Collins Street, Melbourne, VIC, AUS, 3000
L1 Long Short Fund Ltd provides investors with access to an actively managed long and short portfolio of securities and the investment expertise of the manager. The company's investment process combines valuation with qualitative considerations to identify attractive investment opportunities. It operates in one industry being the securities industry, deriving revenue from dividend and trust distribution income, interest income, and from the sale of its trading portfolio.