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M & G Highome Investment Trust (LSE:MGHC) Net Interest Margin (Bank Only) % : 311.44% (As of Nov. 2016)


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What is M & G Highome Investment 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. M & G Highome Investment Trust's annualized Net Interest Income (for Banks) for the quarter that ended in Nov. 2016 was £-25.38 Mil. M & G Highome Investment Trust's average earning assets for the quarter that ended in Nov. 2016 was £-8.15 Mil. Therefore, M & G Highome Investment Trust's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Nov. 2016 was 311.44%.


M & G Highome Investment Trust Net Interest Margin (Bank Only) % Historical Data

The historical data trend for M & G Highome Investment 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.

M & G Highome Investment Trust Net Interest Margin (Bank Only) % Chart

M & G Highome Investment Trust Annual Data
Trend May07 May08 May09 May10 May11 May12 May13 May14 May15 May16
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,709,900.00 -8,029.63 139,671.43 1,091,450.00 -

M & G Highome Investment Trust Semi-Annual Data
May07 Nov07 May08 Nov08 May09 Nov09 May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16
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 1,068,300.00 - 2,018,000.00 2,765,600.00 311.44

Competitive Comparison of M & G Highome Investment Trust's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, M & G Highome Investment 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.


M & G Highome Investment Trust's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

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

* The bar in red indicates where M & G Highome Investment Trust's Net Interest Margin (Bank Only) % falls into.



M & G Highome Investment 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).

M & G Highome Investment Trust's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in May. 2016 is calculated as

Net Interest Margin (Bank Only) %(A: May. 2016 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: May. 2015 ) + Earning Assets (A: May. 2016 ))/ count )
=-23.918/( (0 + 0)/ 1 )
=-23.918/0
=N/A %

where

Earning Assets(A: May. 2015 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

Earning Assets(A: May. 2016 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

M & G Highome Investment Trust's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Nov. 2016 is calculated as

Net Interest Margin (Bank Only) %(Q: Nov. 2016 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: May. 2016 ) + Earning Assets (Q: Nov. 2016 ))/ count )
=-25.376/( (0 + -8.148)/ 1 )
=-25.376/-8.148
=311.44 %

where

Earning Assets(Q: May. 2016 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

Earning Assets(Q: Nov. 2016 )
=Money Market Investments + Net Loan + Securities & Investments
=-8.148 + 0 + 0
=-8.148

* 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 (Nov. 2016) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


M & G Highome Investment Trust  (LSE:MGHC) 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.


M & G Highome Investment Trust Net Interest Margin (Bank Only) % Related Terms

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M & G Highome Investment Trust (LSE:MGHC) Business Description

Traded in Other Exchanges
N/A
Address
M & G High Income Investment Trust PLC was incorporated in United Kingdom on December 23, 1996. It is a split capital investment trust company with three classes of share: Zero Dividend Preference Shares, Income Shares and Capital Shares. The Company's investment objective is to achieve an above average and increasing income over the 20 year life of the Company and seeking to achieve capital growth.

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