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Canadian Highome Equity Fund (TSX:CIQ.UN) Net Margin % : 73.91% (As of Dec. 2023)


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What is Canadian Highome Equity Fund Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Canadian Highome Equity Fund's Net Income for the six months ended in Dec. 2023 was C$0.19 Mil. Canadian Highome Equity Fund's Revenue for the six months ended in Dec. 2023 was C$0.25 Mil. Therefore, Canadian Highome Equity Fund's net margin for the quarter that ended in Dec. 2023 was 73.91%.

The historical rank and industry rank for Canadian Highome Equity Fund's Net Margin % or its related term are showing as below:

TSX:CIQ.UN' s Net Margin % Range Over the Past 10 Years
Min: 2.14   Med: 96.85   Max: 126.23
Current: 68.08


TSX:CIQ.UN's Net Margin % is ranked worse than
59.9% of 1671 companies
in the Asset Management industry
Industry Median: 86.04 vs TSX:CIQ.UN: 68.08

Canadian Highome Equity Fund Net Margin % Historical Data

The historical data trend for Canadian Highome Equity 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.

Canadian Highome Equity Fund Net Margin % Chart

Canadian Highome Equity Fund 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 95.45 126.23 94.34 120.80 68.08

Canadian Highome Equity Fund Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -27.66 108.95 60.40 59.54 73.91

Competitive Comparison of Canadian Highome Equity Fund's Net Margin %

For the Asset Management subindustry, Canadian Highome Equity 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.


Canadian Highome Equity Fund's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Canadian Highome Equity Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Canadian Highome Equity Fund's Net Margin % falls into.



Canadian Highome Equity 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.

Canadian Highome Equity Fund'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 )
=0.29/0.426
=68.08 %

Canadian Highome Equity Fund's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=0.187/0.253
=73.91 %

* 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.


Canadian Highome Equity Fund  (TSX:CIQ.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.


Canadian Highome Equity Fund Net Margin % Related Terms

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Canadian Highome Equity Fund (TSX:CIQ.UN) Business Description

Traded in Other Exchanges
N/A
Address
181 Bay Street, Suite 2930, P.O. Box 793, Bay Wellington Tower, Brookfield Place, Toronto, ON, CAN, M5J 2T3
Canadian High Income Equity Fund is a closed-end investment fund. Its investment objectives are to provide unitholders with a high monthly cash Distribution and the opportunity for capital appreciation, through investment in an actively managed portfolio of publicly listed or traded Canadian securities. It seeks to achieve its investment objectives by investing the Fund Property in an actively managed portfolio of publicly traded or listed Canadian securities including income trusts, royalty trusts, real estate investment trusts, dividend paying common equities, preferred securities and, to a lesser extent, non-dividend paying equities and foreign securities, managed by the Investment Manager.

Canadian Highome Equity Fund (TSX:CIQ.UN) Headlines

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