Market Cap : 168.19 M | Enterprise Value : 251.69 M | PE Ratio : 20.47 | PB Ratio : 0.72 |
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Net Interest Margin (Bank Only) % 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 (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Western Asset Global High Fd's annualized Net Interest Income (for Banks) for the quarter that ended in Nov. 2021 was $22.06 Mil. Western Asset Global High Fd's average earning assets for the quarter that ended in Nov. 2021 was $0.00 Mil. Therefore, Western Asset Global High Fd's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Nov. 2021 was N/A%.
The historical data trend for Western Asset Global High Fd's Net Interest Margin (Bank Only) % 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.
For the Asset Management subindustry, Western Asset Global High Fd's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % 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.
For the Asset Management industry and Financial Services sector, Western Asset Global High Fd's Net Interest Margin (Bank Only) % distribution charts can be found below:
* The bar in red indicates where Western Asset Global High Fd's Net Interest Margin (Bank Only) % falls into.
Net Interest Margin (Bank Only) % (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).
Western Asset Global High Fd's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in May. 2021 is calculated as
Net Interest Margin (Bank Only) % | (A: May. 2021 ) | |||||
= | (Interest Income + Interest Expense) | / | Average Earning Assets | |||
= | Net Interest Income (for Banks) | / | ( (Earning Assets (A: May. 2020 ) | + | Earning Assets (A: May. 2021 )) | / count ) |
= | 28.295 | / | ( (0 | + | 0) | / 1 ) |
= | 28.295 | / | 0 | |||
= | N/A % |
where
Earning Assets | (A: May. 2020 ) | ||||
= | Money Market Investments | + | Net Loan | + | Securities & Investments |
= | 0 | + | 0 | + | 0 |
= | 0 |
Earning Assets | (A: May. 2021 ) | ||||
= | Money Market Investments | + | Net Loan | + | Securities & Investments |
= | 0 | + | 0 | + | 0 |
= | 0 |
Western Asset Global High Fd's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Nov. 2021 is calculated as
Net Interest Margin (Bank Only) % | (Q: Nov. 2021 ) | |||||
= | (Interest Income + Interest Expense) | / | Average Earning Assets | |||
= | Net Interest Income (for Banks) | / | ( (Earning Assets (Q: May. 2021 ) | + | Earning Assets (Q: Nov. 2021 )) | / count ) |
= | 22.064 | / | ( (0 | + | 0) | / 1 ) |
= | 22.064 | / | 0 | |||
= | N/A % |
where
Earning Assets | (Q: May. 2021 ) | ||||
= | Money Market Investments | + | Net Loan | + | Securities & Investments |
= | 0 | + | 0 | + | 0 |
= | 0 |
Earning Assets | (Q: Nov. 2021 ) | ||||
= | Money Market Investments | + | Net Loan | + | Securities & Investments |
= | 0 | + | 0 | + | 0 |
= | 0 |
* 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.
Note: Interest Expense is the negative value.
In the calculation of annual Net Interest Margin (Bank Only) %, 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 (Nov. 2021) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.
The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.
Thank you for viewing the detailed overview of Western Asset Global High Fd's Net Interest Margin (Bank Only) % provided by GuruFocus.com. Please click on the following links to see related term pages.
Fergerson Laura F | other: Manager/Investment Manager | 3310 QUALITY DRIVE 2ND FLOOR RANCHO CORDOVA CA 95670 |
Eakes Brian | other: Manager/Investment Manager | 100 INTERNATIONAL DRIVE BALTIMORE MD 21202 |
Hoyt George P. | officer: Secretary and Ch Lgl Officer | C/O FRANKLIN TEMPLETON 100 FIRST STAMFORD PLACE STAMFORD CT 06902 |
Nicholls Matthew | other: Director of Sub-Adviser | ONE FRANKLIN PARKWAY SAN MATEO CA 94403 |
Bolt Jennifer J | other: Director of Sub-Adviser | C/O FRANKLIN RESOURCES, INC. ONE FRANKLIN PARKWAY SAN MATEO CA 94403-1906 |
Plafker Jed A. | other: Director of Sub-Adviser | ONE FRANKLIN PARKWAY SAN MATEO CA 94403 |
Saba Capital Management, L.p. | 10 percent owner | 405 LEXINGTON AVENUE 58TH FLOOR NEW YORK NY 10174 |
Weinstein Boaz | 10 percent owner | 405 LEXINGTON AVENUE 58TH FLOOR NEW YORK NY 10174 |
Jensen Fred Steven | officer: Chief Compliance Officer | LEGG MASON 620 EIGHTH AVENUE, 49TH FLOOR NEW YORK NY 10018 |
Cronin Daniel P | director | 235 EAST 42ND ST NEW YORK NY 10017 |
Hutchinson William R | director | 535 N MICHIGAN STE 1012 CHICAGO IL 60611 |
Berarducci Christopher | officer: Treas/Principal Finan Officer | LEGG MASON 620 EIGHTH AVENUE NEW YORK NY 10018 |
Kumar Nisha | director | 1735 MARKET STREET 32ND FLOOR PHILADELPHIA PA 19103 |
Berg Jennifer S | officer: Treasurer | 100 INTERNATIONAL DRIVE 7TH FLOOR BALTIMORE MD 21202 |
Kuehl Todd F | officer: Chief Compliance Officer | 1555 PEACHTREE STREET NE ATLANTA 2Q 30309 |
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