Market Cap : 134.9 M | Enterprise Value : 134.9 M | P/E (TTM) : | P/B : |
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Net interest margin is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).
GuruFocus calculates net interest margin as Net Interest Income (for Banks) divided by its average earning assets. DWS Strategic Municipalome Trust's annualized Net Interest Income (for Banks) for the quarter that ended in May. 2019 was $7.42 Mil. DWS Strategic Municipalome Trust's average earning assets for the quarter that ended in May. 2019 was $0.00 Mil. Therefore, DWS Strategic Municipalome Trust's annualized net interest margin for the quarter that ended in May. 2019 was N/A%.
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
DWS Strategic Municipalome Trust Semi-Annual Data | ||||
Nov17 | May18 | Nov18 | May19 | |
Net Interest Margin (Bank Only) % | 0.00 | 0.00 | 0.00 | 0.00 |
* The bar in red indicates where DWS Strategic Municipalome Trust's Net Interest Margin (Bank Only) % falls into.
Net interest margin (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).
DWS Strategic Municipalome Trust's annualized Net Interest Margin for the fiscal year that ended in Nov. 2018 is calculated as
Net Interest Margin | (A: Nov. 2018 ) | |||||
= | (Interest Income + Interest Expense) | / | Average Earning Assets | |||
= | Net Interest Income (for Banks) | / | ( (Earning Assets (A: Nov. 2017 ) | + | Earning Assets (A: Nov. 2018 )) | /2) |
= | 8.395 | / | ( (0 | + | 0) | /2) |
= | 8.395 | / | 0 | |||
= | N/A % |
where
Earning Assets | (A: Nov. 2017 ) | ||||
= | Money Market Investments | + | Net Loan | + | Securities & Investments |
= | 0 | + | 0 | + | 0 |
= | 0 |
Earning Assets | (A: Nov. 2018 ) | ||||
= | Money Market Investments | + | Net Loan | + | Securities & Investments |
= | 0 | + | 0 | + | 0 |
= | 0 |
DWS Strategic Municipalome Trust's annualized Net Interest Margin for the quarter that ended in May. 2019 is calculated as
Net Interest Margin | (Q: May. 2019 ) | |||||
= | (Interest Income + Interest Expense) | / | Average Earning Assets | |||
= | Net Interest Income (for Banks) | / | ( (Earning Assets (Q: {}stock_data.data.Q2}}) | + | Earning Assets (Q: May. 2019 )) | /2) |
= | 7.416 | / | ( (0 | + | 0) | /2) |
= | 7.416 | / | 0 | |||
= | N/A % |
where
Earning Assets | (Q: Nov. 2018 ) | ||||
= | Money Market Investments | + | Net Loan | + | Securities & Investments |
= | 0 | + | 0 | + | 0 |
= | 0 |
Earning Assets | (Q: May. 2019 ) | ||||
= | Money Market Investments | + | Net Loan | + | Securities & Investments |
= | 0 | + | 0 | + | 0 |
= | 0 |
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
Note: Interest Expense is the negative value.
In the calculation of annual net interest margin, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is two times the semi-annual (May. 2019) net interest income data. Net Interest Margin is displayed in the 15-year financial page.
The negative value of net interest margin mean the firm pays more interest for its debt than the interest revenue generated from its investment.
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