Manulife Floating Rate Senior Loan Fund (TSX:MFR.UN) Net Margin %: 100.59% (As of Jun. 2020)


What is Manulife Floating Rate Senior Loan Fund Net Margin %?

Manulife Floating Rate Senior Loan Fund TSX:MFR.UN Net Margin % is 100.59% as of Jun. 2020.

Net margin is calculated as Net Income divided by its Revenue. Manulife Floating Rate Senior Loan Fund's Net Income for the six months ended in Jun. 2020 was C$-12.10 Mil. Manulife Floating Rate Senior Loan Fund's Revenue for the six months ended in Jun. 2020 was C$-12.03 Mil. Therefore, Manulife Floating Rate Senior Loan Fund's net margin for the quarter that ended in Jun. 2020 was 100.59%.

The historical rank and industry rank for Manulife Floating Rate Senior Loan Fund's Net Margin % or its related term are showing as below:


TSX:MFR.UN's Net Margin % is not ranked *
in the Asset Management industry.
Industry Median: 84.88
* Ranked among companies with meaningful Net Margin % only.

Manulife Floating Rate Senior Loan Fund  (TSX:MFR.UN) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Manulife Floating Rate Senior Loan Fund Net Margin % Related Terms

Manulife Floating Rate Senior Loan Fund Net Margin % Historical Data

* Premium members only.

The historical data trend for Manulife Floating Rate Senior Loan Fund's Net Margin % 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.

Manulife Floating Rate Senior Loan Fund Net Margin % Chart

Manulife Floating Rate Senior Loan Fund Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Net Margin %
Get a 7-Day Free Trial 102.89 98.78 97.28 103.37 97.42

Manulife Floating Rate Senior Loan Fund Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
Net Margin % 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 129.14 101.90 98.83 91.28 100.59

TSX:MFR.UN vs BLK, BX, BK: Net Margin % Comparison

For the Asset Management subindustry, Manulife Floating Rate Senior Loan Fund's Net Margin %, along with its competitors' market caps and Net Margin % 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.

Manulife Floating Rate Senior Loan Fund Net Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Manulife Floating Rate Senior Loan Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Manulife Floating Rate Senior Loan Fund's Net Margin % falls into.


Manulife Floating Rate Senior Loan Fund Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Manulife Floating Rate Senior Loan Fund's Net Margin for the fiscal year that ended in Dec. 2019 is calculated as

Net Margin=Net Income (A: Dec. 2019 )/Revenue (A: Dec. 2019 )
=9.905/10.167
=97.42 %

Manulife Floating Rate Senior Loan Fund's Net Margin for the quarter that ended in Jun. 2020 is calculated as

Net Margin=Net Income (Q: Jun. 2020 )/Revenue (Q: Jun. 2020 )
=-12.096/-12.025
=100.59 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 100.59% mean?
Manulife Floating Rate Senior Loan Fund (TSX:MFR.UN) has a Net Margin % of 100.59% as of Jun. 2020. Net margin is the ratio of total net income to net sales. View historical data on Manulife Floating Rate Senior Loan Fund and its competitors.
Is Manulife Floating Rate Senior Loan Fund's Net Margin % too high?
Manulife Floating Rate Senior Loan Fund's current Net Margin % is 100.59%. The Asset Management industry median Net Margin % is 84.88. Manulife Floating Rate Senior Loan Fund's value of 100.59% is 18.5% above this industry median.
How does Manulife Floating Rate Senior Loan Fund's Net Margin % compare to BLK and BX?
Manulife Floating Rate Senior Loan Fund's Net Margin % of 100.59% can be compared against companies in the Asset Management industry. The industry median Net Margin % is 84.88. Manulife Floating Rate Senior Loan Fund's value of 100.59% is 18.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Asset Management company?
The median Net Margin % among Asset Management companies is 84.88, based on 1,579 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manulife Floating Rate Senior Loan Fund's current Net Margin % of 100.59% is 18.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Manulife Floating Rate Senior Loan Fund and its competitors. For the Asset Management industry, the median Net Margin % is 84.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manulife Floating Rate Senior Loan Fund's current Net Margin % is 100.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manulife Floating Rate Senior Loan Fund stock overvalued right now?
Manulife Floating Rate Senior Loan Fund (TSX:MFR.UN) has a current Net Margin % of 100.59%. The current Net Margin % is 100.59% and 18.5% above the Asset Management industry median of 84.88. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Manulife Floating Rate Senior Loan Fund (TSX:MFR.UN), the current Net Margin % is 100.59% as of Jun. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Manulife Floating Rate Senior Loan Fund Business Description

Address 200 Bloor Street East, North Tower, Toronto, ON, CAN, M4W 1E5
Manulife Floating Rate Senior Loan Fund is a Canada based closed-end investment fund. Its investment objective is to provide holders of units with monthly distributions; to preserve capital and to provide the opportunity for increased income if short-term interest rates rise. It is formed to invest in an actively managed portfolio of investments in senior floating rate loans and, to a lesser extent, short duration debt securities.