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Raiz Invest (ASX:RZI) Net Interest Margin (Bank Only) % : -15.40% (As of Dec. 2024)


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What is Raiz Invest Net Interest Margin (Bank Only) %?

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. Raiz Invest's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2024 was A$-0.10 Mil. Raiz Invest's average earning assets for the quarter that ended in Dec. 2024 was A$0.62 Mil. Therefore, Raiz Invest's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2024 was -15.40%.


Raiz Invest Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Raiz Invest'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.

Raiz Invest Net Interest Margin (Bank Only) % Chart

Raiz Invest Annual Data
Trend Dec17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial 10.56 -4.26 -8.21 62.12 -6.72

Raiz Invest Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.97 98.89 99.07 -130.84 -15.40

Competitive Comparison of Raiz Invest's Net Interest Margin (Bank Only) %

For the Software - Infrastructure subindustry, Raiz Invest'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.


Raiz Invest's Net Interest Margin (Bank Only) % Distribution in the Software Industry

For the Software industry and Technology sector, Raiz Invest's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Raiz Invest's Net Interest Margin (Bank Only) % falls into.



Raiz Invest 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).

Raiz Invest's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Jun. 2024 is calculated as

Net Interest Margin (Bank Only) %(A: Jun. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Jun. 2023 ) + Earning Assets (A: Jun. 2024 ))/ count )
=-0.04/( (0.677 + 0.513)/ 2 )
=-0.04/0.595
=-6.72 %

where

Earning Assets(A: Jun. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0.677
=0.677

Earning Assets(A: Jun. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0.513
=0.513

Raiz Invest's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2024 is calculated as

Net Interest Margin (Bank Only) %(Q: Dec. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Jun. 2024 ) + Earning Assets (Q: Dec. 2024 ))/ count )
=-0.096/( (0.513 + 0.734)/ 2 )
=-0.096/0.6235
=-15.40 %

where

Earning Assets(Q: Jun. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0.513
=0.513

Earning Assets(Q: Dec. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0.734
=0.734

* 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 (Dec. 2024) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Raiz Invest  (ASX:RZI) 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.


Raiz Invest Net Interest Margin (Bank Only) % Related Terms

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Raiz Invest Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Raiz Invest Ltd (ASX:RZI) » Definitions » Net Interest Margin (Bank Only) %
Traded in Other Exchanges
N/A
Address
2 Bulletin Place, Level 11, Sydney, NSW, AUS, 2000
Raiz Invest Ltd provides financial services and products through its mobile-first micro-investing platform which offers its customers an easy way to regularly invest either small or large amounts of money using the Raiz mobile application or through the Raiz website in Australia. The company products include Raiz Rewards, Raiz Kids, and Raiz Property Fund.

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