GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Clough Global Opportunities Fund (AMEX:GLO) » Definitions » Net Margin %

Clough Global Opportunities Fund (Clough Global Opportunities Fund) Net Margin %

: 108.34% (As of Oct. 2023)
View and export this data going back to 1992. Start your Free Trial

Net margin is calculated as Net Income divided by its Revenue. Clough Global Opportunities Fund's Net Income for the six months ended in Oct. 2023 was $-14.32 Mil. Clough Global Opportunities Fund's Revenue for the six months ended in Oct. 2023 was $-13.21 Mil. Therefore, Clough Global Opportunities Fund's net margin for the quarter that ended in Oct. 2023 was 108.34%.

The historical rank and industry rank for Clough Global Opportunities Fund's Net Margin % or its related term are showing as below:

GLO' s Net Margin % Range Over the Past 10 Years
Min: 1.44   Med: 96.8   Max: 137.35
Current: 118.12


GLO's Net Margin % is ranked better than
89.05% of 1671 companies
in the Asset Management industry
Industry Median: 86.35 vs GLO: 118.12

Clough Global Opportunities Fund Net Margin % Historical Data

The historical data trend for Clough Global Opportunities 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.

* Premium members only.

Clough Global Opportunities Fund Annual Data
Trend Mar14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 93.24 92.30 97.20 101.96 118.11

Clough Global Opportunities Fund Semi-Annual Data
Mar14 Sep14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Net Margin % 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 Premium Member Only Premium Member Only Premium Member Only 175.25 101.37 103.30 -358.67 108.34

Competitive Comparison

For the Asset Management subindustry, Clough Global Opportunities 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.


Clough Global Opportunities Fund Net Margin % Distribution

For the Asset Management industry and Financial Services sector, Clough Global Opportunities Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Clough Global Opportunities Fund's Net Margin % falls into.



Clough Global Opportunities 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.

Clough Global Opportunities Fund's Net Margin for the fiscal year that ended in Oct. 2023 is calculated as

Net Margin=Net Income (A: Oct. 2023 )/Revenue (A: Oct. 2023 )
=-15.287/-12.943
=118.11 %

Clough Global Opportunities Fund's Net Margin for the quarter that ended in Oct. 2023 is calculated as

Net Margin=Net Income (Q: Oct. 2023 )/Revenue (Q: Oct. 2023 )
=-14.316/-13.214
=108.34 %

* 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.


Clough Global Opportunities Fund  (AMEX:GLO) 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.


Clough Global Opportunities Fund Net Margin % Related Terms

Thank you for viewing the detailed overview of Clough Global Opportunities Fund's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Clough Global Opportunities Fund (Clough Global Opportunities Fund) Business Description

Traded in Other Exchanges
N/A
Address
1290 Broadway, Suite 1000, Denver, CO, USA, 80203
Clough Global Opportunities Fund is a closed-end management investment company based in the United States. Its investment objective is to provide a high level of total return. The fund invests in a mix of U.S. and non-U.S. equity and debt securities.
Executives
Charles Jr Clough other: Person affiliated with Inv Adv 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Christopher Moore officer: Secretary 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jill Kerschen officer: Treasurer 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Clough Capital Partners, L.p. other: Investment Advisor of Fund 53 STATE STREET, 27TH FLOOR, SUITE 2702, BOSTON MA 02109
Michael Jason Hearle other: Person affiliated with Inv Adv 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Kevin Joseph Mcnally other: Trustee 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Lainey Ejiasa officer: President 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Dylan Riter Mikel other: Assistant Treasurer 2921 SOUTH COORS DRIVE, LAKEWOOD CO 80228
Adams Nicholas other: Secretary 1055 BROADWAY, 3RD FL, KANSAS CITY MT 64105
Ryan Johanson officer: Treasurer 1290 BROADWAY SUITE 1000, DENVER CO 80203
Alex James Marks officer: Assistant Secretary 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Erich Rettinger officer: Treasurer 1290 BROADWAY SUITE 1100, DENVER CO 80203
Kelly Mcewen officer: Treasurer 5050 S. SYRACUSE ST., SUITE 1100, DENVER CO 80237
Karen Ann Digravio other: Trustee 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Lucas D Foss officer: Chief Compliance Officer 1290 BROADWAY SUITE 1100, DENVER CO 80203