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TUERF (True North Commercial REIT) Net Margin % : -11.11% (As of Sep. 2024)


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What is True North Commercial REIT Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. True North Commercial REIT's Net Income for the three months ended in Sep. 2024 was $-2.50 Mil. True North Commercial REIT's Revenue for the three months ended in Sep. 2024 was $22.47 Mil. Therefore, True North Commercial REIT's net margin for the quarter that ended in Sep. 2024 was -11.11%.

The historical rank and industry rank for True North Commercial REIT's Net Margin % or its related term are showing as below:

TUERF' s Net Margin % Range Over the Past 10 Years
Min: -30.73   Med: 32.67   Max: 56.99
Current: -9.16


TUERF's Net Margin % is ranked worse than
81.44% of 916 companies
in the REITs industry
Industry Median: 36.24 vs TUERF: -9.16

True North Commercial REIT Net Margin % Historical Data

The historical data trend for True North Commercial REIT'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.

* Premium members only.

True North Commercial REIT Net Margin % Chart

True North Commercial REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.71 28.51 36.82 11.51 -30.73

True North Commercial REIT Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -129.53 -18.06 15.83 -23.35 -11.11

Competitive Comparison of True North Commercial REIT's Net Margin %

For the REIT - Office subindustry, True North Commercial REIT'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.


True North Commercial REIT's Net Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, True North Commercial REIT's Net Margin % distribution charts can be found below:

* The bar in red indicates where True North Commercial REIT's Net Margin % falls into.



True North Commercial REIT 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.

True North Commercial REIT's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-30.278/98.542
=-30.73 %

True North Commercial REIT's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-2.497/22.469
=-11.11 %

* 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.


True North Commercial REIT  (OTCPK:TUERF) 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.


True North Commercial REIT Net Margin % Related Terms

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True North Commercial REIT Business Description

Traded in Other Exchanges
Address
3280 Bloor Street West, Suite 1400, Centre Tower, Toronto, ON, CAN, M8X 2X3
True North Commercial REIT is a Canadian-based open-ended Real estate investment trust company. It owns and acquires commercial real estate in Canada. The objective is to maximize the total profit for shareholders. Returns include a stable, reliable, and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a portfolio of commercial properties. It has properties in Alberta, British Columbia, New Brunswick, Nova Scotia, and Ontario.

True North Commercial REIT Headlines