GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Residential Secure Income PLC (CHIX:RESIl) » Definitions » Net Interest Margin (Bank Only) %

Residential Secureome (CHIX:RESIL) Net Interest Margin (Bank Only) % : -249.04% (As of Sep. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Residential Secureome 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. Residential Secureome's annualized Net Interest Income (for Banks) for the quarter that ended in Sep. 2023 was £-12.75 Mil. Residential Secureome's average earning assets for the quarter that ended in Sep. 2023 was £5.12 Mil. Therefore, Residential Secureome's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2023 was -249.04%.


Residential Secureome Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Residential Secureome'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.

Residential Secureome Net Interest Margin (Bank Only) % Chart

Residential Secureome Annual Data
Trend Jun17 Sep19 Sep20 Sep21 Sep22 Sep23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial -356.52 -314.04 -218.51 -176.45 -138.76

Residential Secureome Quarterly Data
Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only -382.54 -347.06 -327.40 -297.14 -249.04

Competitive Comparison of Residential Secureome's Net Interest Margin (Bank Only) %

For the REIT - Residential subindustry, Residential Secureome'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.


Residential Secureome's Net Interest Margin (Bank Only) % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Residential Secureome's Net Interest Margin (Bank Only) % distribution charts can be found below:

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



Residential Secureome 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).

Residential Secureome's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Sep. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Sep. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Sep. 2022 ) + Earning Assets (A: Sep. 2023 ))/ count )
=-6.123/( (3.243 + 5.582)/ 2 )
=-6.123/4.4125
=-138.76 %

where

Earning Assets(A: Sep. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=3.243 + 0 + 0
=3.243

Earning Assets(A: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=5.582 + 0 + 0
=5.582

Residential Secureome's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Sep. 2023 is calculated as

Net Interest Margin (Bank Only) %(Q: Sep. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Mar. 2023 ) + Earning Assets (Q: Sep. 2023 ))/ count )
=-12.752/( (4.659 + 5.582)/ 2 )
=-12.752/5.1205
=-249.04 %

where

Earning Assets(Q: Mar. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=4.659 + 0 + 0
=4.659

Earning Assets(Q: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=5.582 + 0 + 0
=5.582

* 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 (Sep. 2023) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Residential Secureome  (CHIX:RESIl) 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.


Residential Secureome Net Interest Margin (Bank Only) % Related Terms

Thank you for viewing the detailed overview of Residential Secureome's Net Interest Margin (Bank Only) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Residential Secureome (CHIX:RESIL) Business Description

Industry
Traded in Other Exchanges
Address
The Pavilions, Bridgwater Road, Bristol, GBR, BS13 8FD
Residential Secure Income PLC is a closed-ended company established to invest in Social Housing as a real estate investment trust. The company invests in residential asset classes that comprise the stock of registered UK social housing providers, Housing Associations, and Local Authorities. Its only operating segment being an investment property. Geographically, it operates only in the United Kingdom.

Residential Secureome (CHIX:RESIL) Headlines

No Headlines