Chenavari Toroome Fund (LSE:TORO) Pretax Margin % : 94.74% (As of Sep. 2023)

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What is Chenavari Toroome Fund Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Chenavari Toroome Fund's Pre-Tax Income for the six months ended in Sep. 2023 was €11.26 Mil. Chenavari Toroome Fund's Revenue for the six months ended in Sep. 2023 was €11.88 Mil. Therefore, Chenavari Toroome Fund's pretax margin for the quarter that ended in Sep. 2023 was 94.74%.

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

LSE:TORO' s Pretax Margin % Range Over the Past 10 Years
Min: 87.43 Med: 95.88 Max: 114.57
Current: 94.46

LSE:TORO's Pretax Margin % is ranked better than
55.71% of 1664 companies
in the Asset Management industry
Industry Median: 90.98 vs LSE:TORO: 94.46

Chenavari Toroome Fund Pretax Margin % Historical Data

The historical data trend for Chenavari Toroome 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.

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Chenavari Toroome Fund Pretax Margin % Chart

Chenavari Toroome Fund Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Pretax Margin %

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96.38

104.47

97.43

114.57

94.46

Chenavari Toroome Fund Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Pretax Margin %	Get a 7-Day Free Trial										97.68	91.79	103.58	94.14	94.74

Competitive Comparison of Chenavari Toroome Fund's Pretax Margin %

For the Asset Management subindustry, Chenavari Toroome 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.

Chenavari Toroome Fund's Pretax Margin % Distribution in the Asset Management Industry

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

* The bar in red indicates where Chenavari Toroome Fund's Pretax Margin % falls into.

Chenavari Toroome 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.

Chenavari Toroome Fund's Pretax Margin for the fiscal year that ended in Sep. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Sep. 2023 )	/	Revenue (A: Sep. 2023 )
	=	21.061	/	22.296
	=	94.46 %

Chenavari Toroome Fund's Pretax Margin for the quarter that ended in Sep. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	11.257	/	11.882
	=	94.74 %

Chenavari Toroome Fund (LSE:TORO) 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.

Chenavari Toroome Fund Pretax Margin % Related Terms

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Chenavari Toroome Fund (LSE:TORO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Chenavari Toro Income Fund Ltd (LSE:TORO) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Trafalgar Court, Les Banques, PO Box 286, Floor 2, Saint Peter Port, GGY, GY1 4LY

Website

https://www.chenavaritoroincomefund.com

Chenavari Toro Income Fund Ltd is a closed-end investment company incorporated in Guernsey. The investment objective is to deliver an absolute return from investing and trading in Asset-Backed Securities and other structured credit investments in liquid markets, and investing directly or indirectly in asset-backed transactions including, without limitation, through the origination of credit portfolios.