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Equus Total Return (Equus Total Return) Net Interest Margin (Bank Only) % : 226.03% (As of Dec. 2023)


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What is Equus Total Return 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. Equus Total Return's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2023 was $0.71 Mil. Equus Total Return's average earning assets for the quarter that ended in Dec. 2023 was $0.32 Mil. Therefore, Equus Total Return's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 was 226.03%.


Equus Total Return Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Equus Total Return'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.

Equus Total Return Net Interest Margin (Bank Only) % Chart

Equus Total Return Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.14 100.75 -2.26 -9.41 87.84

Equus Total Return 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) % Get a 7-Day Free Trial 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 - 25.00 38.26 77.42 226.03

Competitive Comparison of Equus Total Return's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, Equus Total Return'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.


Equus Total Return's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Equus Total Return's Net Interest Margin (Bank Only) % distribution charts can be found below:

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



Equus Total Return 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).

Equus Total Return'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 )
=0.224/( (0.059999999999999 + 0.45)/ 2 )
=0.224/0.255
=87.84 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0.059999999999999 + 0 + 0
=0.059999999999999

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0.45 + 0 + 0
=0.45

Equus Total Return'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 )
=0.712/( (0.18 + 0.45)/ 2 )
=0.712/0.315
=226.03 %

where

Earning Assets(Q: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0.18 + 0 + 0
=0.18

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0.45 + 0 + 0
=0.45

* 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.


Equus Total Return  (NYSE:EQS) 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.


Equus Total Return Net Interest Margin (Bank Only) % Related Terms

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


Equus Total Return (Equus Total Return) Business Description

Traded in Other Exchanges
N/A
Address
700 Louisiana Street, 48th Floor, Houston, TX, USA, 77002
Equus Total Return Inc is a United States-based closed-end management investment company providing financial solutions for privately-owned middle market and small capitalization companies. Its investment objective is to seek the highest total return, consisting of capital appreciation and current income. It focuses to provide long-term capital gains by investing in the debt and equity securities of small and middle-market capitalization companies that are generally not publicly traded at the time of its investment. Its investment operations include investment selection, due diligence, structuring investments, and providing management assistance and monitoring of investments.
Executives
Robert L Knauss director 5151 SAN FELIPE, SUITE 1661, HOUSTON TX 77056
Pallieres Bertrand Des director EQUUS TOTAL RETURN, INC., 8 GREENWAY PLAZA, SUITE 930, HOUSTON TX 77046
Michael T Tokarz 10 percent owner 287 BOWMAN AVENUE, SUITE 331, PURCHASE NY 10577
Mvc Capital, Inc. 10 percent owner RIVERVIEW AT PURCHASE, 287 BOWMAN AVENUE, 3RD FLOOR, PURCHASE NY 10577
Tokarz Group Advisers Llc 10 percent owner RIVERVIEW PLAZA, 287 BOWMAN AVENUE, 2ND FLOOR, PURCHASE NY 10577
John A. Hardy director C/O EQUUS TOTAL RETURN, INC., 8 GREENWAY PLAZA, SUITE 930, HOUSTON TX 77046
Richard F Bergner director 2727 ALLEN PARKWAY, 13TH FLOOR, HOUSTON TX 77019
Fraser Atkinson director C/O EQUUS TOTAL RETURN, INC., 8 GREENWAY PLAZA, SUITE 930, HOUSTON TX 77046
Henry W Hankinson director 2727 ALLEN PARKWAY, 13TH FLOOR, HOUSTON TX 77019
Kenneth I Denos officer: Executive VP and Secretary 10757 SOUTH RIVER FRONT PARKWAY, SUITE 125, SOUTH JORDAN UT 84095
Mobiquity Investments Ltd director 19105 36TH AVENUE WEST, SUITE 213, LYNNWOOD WA 98036
Alessandro Benedetti director C/O EQUUS TOTAL RETURN, INC., 8 GREENWAY PLAZA, SUITE 930, HOUSTON TX 77046
Tiel Trust Fbo Paula T. Douglass 10 percent owner P.O. BOX 130197, HOUSTON TX 77219
Tiel Trust Fbo Sam P. Douglass 10 percent owner P.O. BOX 130197, HOUSTON TX 77219
Douglass Trust Iv - Fbo S. Preston Douglass 10 percent owner P.O. BOX 130197, HOUSTON TX 77219

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