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MXF (Mexico Fund) Net Interest Margin (Bank Only) % : N/A% (As of Oct. 2024)


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What is Mexico 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. Mexico Fund's annualized Net Interest Income (for Banks) for the quarter that ended in Oct. 2024 was $0.75 Mil. Mexico Fund's average earning assets for the quarter that ended in Oct. 2024 was $0.00 Mil. Therefore, Mexico Fund's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Oct. 2024 was N/A%.


Mexico Fund Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Mexico 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.

Mexico Fund Net Interest Margin (Bank Only) % Chart

Mexico Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
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Mexico Fund Semi-Annual Data
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Competitive Comparison of Mexico Fund's Net Interest Margin (Bank Only) %

For the Asset Management subindustry, Mexico 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.


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

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

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



Mexico 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).

Mexico Fund's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Oct. 2024 is calculated as

Net Interest Margin (Bank Only) %(A: Oct. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Oct. 2023 ) + Earning Assets (A: Oct. 2024 ))/ count )
=0.881/( (0 + 0)/ 1 )
=0.881/0
=N/A %

where

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

Earning Assets(A: Oct. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

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

Net Interest Margin (Bank Only) %(Q: Oct. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Apr. 2024 ) + Earning Assets (Q: Oct. 2024 ))/ count )
=0.746/( (0 + 0)/ 1 )
=0.746/0
=N/A %

where

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

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

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


Mexico Fund  (NYSE:MXF) 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.


Mexico Fund Net Interest Margin (Bank Only) % Related Terms

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Mexico Fund Business Description

Traded in Other Exchanges
N/A
Address
6700 Alexander Bell Drive, Suite 200, Columbia, MD, USA, 21046
Mexico Fund Inc is a United States based non-diversified, closed-end management investment company. Its investment objective is to seek long-term capital appreciation. The fund seeks to achieve its objective through investment in securities, primary in equity, listed on the Mexican Stock Exchange. Its portfolio of investment consists of investment in different sectors such as auto parts, airports, building materials, chemical products, consumer products, energy, food and other sectors. The fund provides a vehicle to investors who wish to invest in Mexican companies through a managed non-diversified portfolio as part of their overall investment program.
Executives
Claudia Janez director BOSQUE DE ZAPOTES 12, BOSQUES DE LAS LOMAS, CIUDAD DE MEXICO O5 11700
Tofi Dayan officer: Treasurer 77 ARISTOTELES STREET, 3RD FLOOR, POLANO O5 11560
Alberto Gomez Pimienta officer: Operations Vice President THE MEXICO FUND, INC., 1775 I STREET, NW, WASHINGTON DC 20006
Alberto Osorio officer: Sr VP, Treasurer and CFO C/O MEXICO FUND, 1775 I STREET NW, WASHINGTON DC 20006
Jorge Alamillo officer: Chief Compliance Officer 77 ARISTOTELES STREET, 3RD FLOOR, POLANCO MEXICO DF O5 11560
Edward P Djerejian director 2027 SUNSET BOULEVARD, HOUSTON TX 77005
Jonathan Davis Arzac director MONTE PELVOUX 220 PISO 6, LOMAS DE CHAPULTEPEC O5 11000
Marc J Shapiro director J.P. MORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Impulsora Del Fondo Mexico Sa De Cv other: Investment Adviser 77 ARISTOTELES, POLANCO MEXICO DF O5 11560
Robert L Knauss director 5151 SAN FELIPE, SUITE 1661, HOUSTON TX 77056
Emilio Carrillo Gamboa director C/O DECHERT,1775 EYE STREET NW, 1775 EYE STREET NW, WASHINGTON DC 20006
Eugenio Clariond director VASCONCELOS 220 OTE., COL. RESIDENCIAL SAN AGUSTIN, SAN PEDRO GARZA GARCIA, N.L. O5 66260
Gomez Pimienta Jose Luis director 77 ARISTOTELES, 3RD FLOOR, POLANCO D.F. O5 11560
Puche Jaime Serra director C/O DECHERT,1775 EYE STREET NW, 1775 EYE STREET NW, WASHINGTON DC 20006
Jose Luis Gomez Pimienta director

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