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GAMCO Global Gold Natural Resources &ome Trust (GAMCO Global Gold Natural Resources &ome Trust) Net Margin %

: 97.68% (As of Jun. 2023)
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Net margin is calculated as Net Income divided by its Revenue. GAMCO Global Gold Natural Resources &ome Trust's Net Income for the six months ended in Jun. 2023 was $32.9 Mil. GAMCO Global Gold Natural Resources &ome Trust's Revenue for the six months ended in Jun. 2023 was $33.7 Mil. Therefore, GAMCO Global Gold Natural Resources &ome Trust's net margin for the quarter that ended in Jun. 2023 was 97.68%.

The historical rank and industry rank for GAMCO Global Gold Natural Resources &ome Trust's Net Margin % or its related term are showing as below:

GGN' s Net Margin % Range Over the Past 10 Years
Min: 93.91   Med: 98.81   Max: 101.65
Current: 98.55


GGN's Net Margin % is ranked better than
74.28% of 1672 companies
in the Asset Management industry
Industry Median: 86.05 vs GGN: 98.55

GAMCO Global Gold Natural Resources &ome Trust Net Margin % Historical Data

The historical data trend for GAMCO Global Gold Natural Resources &ome Trust'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.

GAMCO Global Gold Natural Resources &ome Trust Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 101.65 98.70 93.91 96.46 97.40

GAMCO Global Gold Natural Resources &ome Trust Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 97.00 95.62 103.11 98.93 97.68

Competitive Comparison

For the Asset Management subindustry, GAMCO Global Gold Natural Resources &ome Trust'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.


GAMCO Global Gold Natural Resources &ome Trust Net Margin % Distribution

For the Asset Management industry and Financial Services sector, GAMCO Global Gold Natural Resources &ome Trust's Net Margin % distribution charts can be found below:

* The bar in red indicates where GAMCO Global Gold Natural Resources &ome Trust's Net Margin % falls into.



GAMCO Global Gold Natural Resources &ome Trust 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.

GAMCO Global Gold Natural Resources &ome Trust's Net Margin for the fiscal year that ended in Dec. 2022 is calculated as

Net Margin=Net Income (A: Dec. 2022 )/Revenue (A: Dec. 2022 )
=54.276/55.723
=97.40 %

GAMCO Global Gold Natural Resources &ome Trust's Net Margin for the quarter that ended in Jun. 2023 is calculated as

Net Margin=Net Income (Q: Jun. 2023 )/Revenue (Q: Jun. 2023 )
=32.893/33.673
=97.68 %

* 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.


GAMCO Global Gold Natural Resources &ome Trust  (AMEX:GGN) 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.


GAMCO Global Gold Natural Resources &ome Trust Net Margin % Related Terms

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GAMCO Global Gold Natural Resources &ome Trust (GAMCO Global Gold Natural Resources &ome Trust) Business Description

Traded in Other Exchanges
Address
One Corporate Center, Rye, NY, USA, 10580-1422
GAMCO Global Gold Natural Resources & Income Trust is a non-diversified closed-end management investment company. Its primary investment objective is to provide a high current income and capital appreciation as its secondary objective. To achieve its objective, the fund may invest 80% of its assets in equity securities of companies principally engaged in the gold and natural resources industries. It also intends to earn income through an option strategy of writing (selling) covered call options on equity securities in its portfolio.
Executives
Agnes Mullady officer: Treasurer ONE CORPORATE CENTER, RYE NY 10580
Calgary Avansino director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Elizabeth C Bogan director C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, MORRISTOWN NJ 07960
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
James P Conn director
Mario J Gabelli other: Control Person of Adviser 191 MASON STREET, GREENWICH CT 06830
Michael J Melarkey director ONE CORPORATE CENTER, RYE NY 10580
Salvatore J Zizza director 810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019
Anthony S. Colavita director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Salvatore M Salibello director ONE CORPORATE CENTER, RYE NY 10580
Anthonie C Vanekris director ONE CORPORATE CENTER, RYE NY 10580
Fahrenkopf Frank J Jr director ONE CORPORATE CENTER, RYE NY 10580
Bruce N Alpert officer: President C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Urso Mario D director 65 EATON SQUARE, LONDON SW UK X0 041101225