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CC Japanome & Growth Trust (LSE:CCJI) Net Interest Margin (Bank Only) % : -21.67% (As of Oct. 2023)


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What is CC Japanome & Growth Trust 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. CC Japanome & Growth Trust's annualized Net Interest Income (for Banks) for the quarter that ended in Oct. 2023 was £-0.14 Mil. CC Japanome & Growth Trust's average earning assets for the quarter that ended in Oct. 2023 was £0.65 Mil. Therefore, CC Japanome & Growth Trust's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Oct. 2023 was -21.67%.


CC Japanome & Growth Trust Net Interest Margin (Bank Only) % Historical Data

The historical data trend for CC Japanome & Growth Trust'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.

CC Japanome & Growth Trust Net Interest Margin (Bank Only) % Chart

CC Japanome & Growth Trust Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial -68.94 -792.98 -529.27 -57.51 -26.31

CC Japanome & Growth Trust Semi-Annual Data
Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 - -646.51 -92.44 -40.48 -21.67

Competitive Comparison of CC Japanome & Growth Trust's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, CC Japanome & Growth Trust'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.


CC Japanome & Growth Trust's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CC Japanome & Growth Trust's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where CC Japanome & Growth Trust's Net Interest Margin (Bank Only) % falls into.



CC Japanome & Growth Trust 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).

CC Japanome & Growth Trust's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Oct. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Oct. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Oct. 2022 ) + Earning Assets (A: Oct. 2023 ))/ count )
=-0.163/( (0.433 + 0.806)/ 2 )
=-0.163/0.6195
=-26.31 %

where

Earning Assets(A: Oct. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=0.433 + 0 + 0
=0.433

Earning Assets(A: Oct. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0.806 + 0 + 0
=0.806

CC Japanome & Growth Trust's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Oct. 2023 is calculated as

Net Interest Margin (Bank Only) %(Q: Oct. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Apr. 2023 ) + Earning Assets (Q: Oct. 2023 ))/ count )
=-0.14/( (0.486 + 0.806)/ 2 )
=-0.14/0.646
=-21.67 %

where

Earning Assets(Q: Apr. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0.486 + 0 + 0
=0.486

Earning Assets(Q: Oct. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=0.806 + 0 + 0
=0.806

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


CC Japanome & Growth Trust  (LSE:CCJI) 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.


CC Japanome & Growth Trust Net Interest Margin (Bank Only) % Related Terms

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CC Japanome & Growth Trust (LSE:CCJI) Business Description

Traded in Other Exchanges
Address
125 London Wall, 6th Floor, London, GBR, EC2Y 5AS
CC Japan Income & Growth Trust PLC It is a closed-ended investment company. The company's investment objective is to provide shareholders with dividend income combined with capital growth, through investment in equities listed or quoted in Japan.

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