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Chenavari Toroome Fund (LSE:TORO) Net Interest Margin (Bank Only) % : 63.04% (As of Mar. 2024)


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What is Chenavari Toroome Fund 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. Chenavari Toroome Fund's annualized Net Interest Income (for Banks) for the quarter that ended in Mar. 2024 was €0.92 Mil. Chenavari Toroome Fund's average earning assets for the quarter that ended in Mar. 2024 was €1.45 Mil. Therefore, Chenavari Toroome Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 was 63.04%.


Chenavari Toroome Fund Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Chenavari Toroome Fund'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.

Chenavari Toroome Fund Net Interest Margin (Bank Only) % Chart

Chenavari Toroome Fund Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Interest Margin (Bank Only) %
Get a 7-Day Free Trial -2.96 -4.92 -13.16 -0.55 3.57

Chenavari Toroome Fund Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 1.57 -1.67 1.27 4.50 63.04

Competitive Comparison of Chenavari Toroome Fund's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, Chenavari Toroome Fund'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.


Chenavari Toroome Fund's Net Interest Margin (Bank Only) % Distribution in the Asset Management Industry

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

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



Chenavari Toroome Fund 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).

Chenavari Toroome Fund'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 )
=0.213/( (10.852 + 1.091)/ 2 )
=0.213/5.9715
=3.57 %

where

Earning Assets(A: Sep. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=10.852 + 0 + 0
=10.852

Earning Assets(A: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=1.091 + 0 + 0
=1.091

Chenavari Toroome Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 is calculated as

Net Interest Margin (Bank Only) %(Q: Mar. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Sep. 2023 ) + Earning Assets (Q: Mar. 2024 ))/ count )
=0.916/( (1.091 + 1.815)/ 2 )
=0.916/1.453
=63.04 %

where

Earning Assets(Q: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=1.091 + 0 + 0
=1.091

Earning Assets(Q: Mar. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=1.815 + 0 + 0
=1.815

* 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 (Mar. 2024) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Chenavari Toroome Fund  (LSE:TORO) 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.


Chenavari Toroome Fund Net Interest Margin (Bank Only) % Related Terms

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Chenavari Toroome Fund Business Description

Traded in Other Exchanges
N/A
Address
Trafalgar Court, Les Banques, PO Box 286, Floor 2, Saint Peter Port, GGY, GY1 4LY
Chenavari Toro Income Fund Ltd is a closed-end investment company incorporated in Guernsey. The investment objective is to deliver an absolute return from investing and trading in Asset-Backed Securities and other structured credit investments in liquid markets, and investing directly or indirectly in asset-backed transactions including, without limitation, through the origination of credit portfolios.

Chenavari Toroome Fund Headlines

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