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FS Credit Opp (FS Credit Opp) Net Interest Margin (Bank Only) % : 686.11% (As of Dec. 2023)


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What is FS Credit Opp 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. FS Credit Opp's annualized Net Interest Income (for Banks) for the quarter that ended in Dec. 2023 was $188.8 Mil. FS Credit Opp's average earning assets for the quarter that ended in Dec. 2023 was $27.5 Mil. Therefore, FS Credit Opp's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Dec. 2023 was 686.11%.


FS Credit Opp Net Interest Margin (Bank Only) % Historical Data

The historical data trend for FS Credit Opp'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.

FS Credit Opp Net Interest Margin (Bank Only) % Chart

FS Credit Opp Annual Data
Trend Dec22 Dec23
Net Interest Margin (Bank Only) %
337.95 705.83

FS Credit Opp Semi-Annual Data
Dec22 Jun23 Dec23
Net Interest Margin (Bank Only) % - 376.32 686.11

Competitive Comparison of FS Credit Opp's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, FS Credit Opp'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.


FS Credit Opp's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

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

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



FS Credit Opp 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).

FS Credit Opp'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 )
=196.559/( (54.635 + 1.061)/ 2 )
=196.559/27.848
=705.83 %

where

Earning Assets(A: Dec. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=54.635 + 0 + 0
=54.635

Earning Assets(A: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=1.061 + 0 + 0
=1.061

FS Credit Opp'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: Jun. 2023 ) + Earning Assets (Q: Dec. 2023 ))/ count )
=188.774/( (53.966 + 1.061)/ 2 )
=188.774/27.5135
=686.11 %

where

Earning Assets(Q: Jun. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=53.966 + 0 + 0
=53.966

Earning Assets(Q: Dec. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=1.061 + 0 + 0
=1.061

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


FS Credit Opp  (NYSE:FSCO) 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.


FS Credit Opp Net Interest Margin (Bank Only) % Related Terms

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FS Credit Opp (FS Credit Opp) Business Description

Traded in Other Exchanges
N/A
Address
201 Rouse Boulevard, Philadelphia, PA, USA, 19112
FS Credit Opp Corp. is a closed-end management investment company. The Fund's primary investment objective is to generate an attractive total return consisting of a high level of current income and capital appreciation, with a secondary objective of capital preservation. The Fund seeks to achieve its investment objectives by focusing on strategies such as Opportunistic Credit (including event-driven and market price inefficiencies), Special Situations, and Capital Structure Solutions.
Executives
Hughes Philip E Jr director 3936 NETHERFIELD ROAD, PHILADELPHIA PA 19129
Della Clark director 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
Fsh Seed Capital Vehicle I Llc other: Investment Adviser Affiliate 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
Franklin Square Holdings, L.p. other: Investment Adviser Affiliate 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
David J. Adelman other: Investment Adviser Affiliate CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104-2867
Michael C. Forman director, officer: Chief Executive Officer CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104-2867
Nix Robert N.c. Iii director C/O FS INVESTMENT CORPORATION III, CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104
Keith Bethel director C/O ARAMARK, 2400 MARKET STREET, PHILADELPHIA PA 19103
Guardian Life Insurance Co Of America 10 percent owner 10 HUDSON YARDS, NY NY 10001
Gallivan Edward T Jr officer: Chief Financial Officer C/O FS ENERGY AND POWER FUND, CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104
Hans Nicholas Heilbut other: Investment Committee Member C/O FS INVESTMENTS, 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
Michael John Kelly other: Investment Committee Member 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
David Weiser other: Investment Committee Member 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
Andrew Beckman other: Investment Committee Member C/O FS INVESTMENTS, 201 ROUSE BOULEVARD, PHILADELPHIA PA 19112
Sean K Coleman other: Investment Committee Member C/O FRANKLIN SQUARE CAPITAL PARTNERS, CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104