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Firsthand Technology Value Fund (Firsthand Technology Value Fund) Net Interest Margin (Bank Only) %

: N/A% (As of Dec. 2023)
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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. Firsthand Technology Value Fund's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2023 was $0.14 Mil. Firsthand Technology Value Fund's average earning assets for the quarter that ended in Dec. 2023 was $0.00 Mil. Therefore, Firsthand Technology Value Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 was N/A%.


Firsthand Technology Value Fund Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Firsthand Technology Value Fund'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.

* Premium members only.

Firsthand Technology Value Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Firsthand Technology Value Fund Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Interest Margin (Bank Only) % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Asset Management subindustry, Firsthand Technology Value Fund'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.


Firsthand Technology Value Fund Net Interest Margin (Bank Only) % Distribution

For the Asset Management industry and Financial Services sector, Firsthand Technology Value Fund's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Firsthand Technology Value Fund's Net Interest Margin (Bank Only) % falls into.



Firsthand Technology Value Fund Net Interest Margin (Bank Only) % Calculation

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).

Firsthand Technology Value Fund's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Dec. 2022 ) + Earning Assets (A: Dec. 2023 ))/ count )
=0.123/( (0 + 0)/ 1 )
=0.123/0
=N/A %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

Firsthand Technology Value Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 is calculated as

Net Interest Margin (Bank Only) %(Q: Dec. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Sep. 2023 ) + Earning Assets (Q: Dec. 2023 ))/ count )
=0.136/( (0 + 0)/ 1 )
=0.136/0
=N/A %

where

Earning Assets(Q: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

Earning Assets(Q: Dec. 2023 )
=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 four times the quarterly (Dec. 2023) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Firsthand Technology Value Fund  (NAS:SVVC) Net Interest Margin (Bank Only) % Explanation

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.


Firsthand Technology Value Fund Net Interest Margin (Bank Only) % Related Terms

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Firsthand Technology Value Fund (Firsthand Technology Value Fund) Business Description

Traded in Other Exchanges
N/A
Address
150 Almaden Boulevard, Suite 1250, San Jose, CA, USA, 95113
Firsthand Technology Value Fund Inc is an externally managed, non-diversified, closed-end management investment company. The Fund's investment objective is to seek long-term growth of capital, principally by seeking capital gains on its equity and equity-related investments.
Executives
Star Equity Fund, Lp 10 percent owner 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Star Equity Fund Gp, Llc 10 percent owner 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Star Investment Management Llc 10 percent owner 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Jeffrey E. Eberwein 10 percent owner 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Star Equity Holdings, Inc. 10 percent owner 53 FOREST AVE, SUITE 101, OLD GREENWICH CT 06870
Star Value, Llc 10 percent owner 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Kevin M Landis director, officer: President 150 ALMADEN BLVD., SUITE 1250, SAN JOSE CA 95113
Greg Burglin director 150 ALMADEN BLVD., SUITE 1250, SAN JOSE CA 95113
Mark F Fitzgerald director PO BOX 1168, GENOA NV 89411-1168
Kimun Lee director 150 ALMADEN BLVD., SUITE 1250, SAN JOSE CA 95113
Investors, Llp Bulldog 10 percent owner PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Omar Billawala officer: CFO 150 ALMADEN BLVD., SUITE 1250, SAN JOSE CA 95113
Nicholas P Petredis director 150 ALMADEN BLVD., SUITE 1250, SAN JOSE CA 95113
Steady Gain Partners Lp 10 percent owner 2000 ROYAL COURT, UNIT 2315, NORTH HILLS NY 11040
Full Value Offshore Fund, Ltd. 10 percent owner C.O MAPLES CORPORATE SERVICES LIMITED, P.O. BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104

Firsthand Technology Value Fund (Firsthand Technology Value Fund) Headlines