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Top 10 Split Trust (TSX:TXT.UN) Net Margin % : 173.70% (As of Dec. 2023)


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What is Top 10 Split Trust Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Top 10 Split Trust's Net Income for the six months ended in Dec. 2023 was C$0.54 Mil. Top 10 Split Trust's Revenue for the six months ended in Dec. 2023 was C$0.31 Mil. Therefore, Top 10 Split Trust's net margin for the quarter that ended in Dec. 2023 was 173.70%.

The historical rank and industry rank for Top 10 Split Trust's Net Margin % or its related term are showing as below:

TSX:TXT.UN' s Net Margin % Range Over the Past 10 Years
Min: -181.62   Med: 121.12   Max: 404.46
Current: 126.88

TSX:TXT.UN's Net Margin % is ranked better than
90.54% of 1671 companies
in the Asset Management industry
Industry Median: 86.04 vs TSX:TXT.UN: 126.88

Top 10 Split Trust Net Margin % Historical Data

The historical data trend for Top 10 Split 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.

Top 10 Split Trust Net Margin % Chart

Top 10 Split Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only 404.46 157.65 121.12 -123.82 126.88

Top 10 Split Trust Semi-Annual Data
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 65.02 -195.61 32.08 94.90 173.70

Competitive Comparison of Top 10 Split Trust's Net Margin %

For the Asset Management subindustry, Top 10 Split 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.

Top 10 Split Trust's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Top 10 Split Trust's Net Margin % distribution charts can be found below:

* The bar in red indicates where Top 10 Split Trust's Net Margin % falls into.


Top 10 Split 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.

Top 10 Split Trust'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 )
=0.963/0.759
=126.88 %

Top 10 Split Trust'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 )
=0.535/0.308
=173.70 %

* 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.

Top 10 Split Trust  (TSX:TXT.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.

Top 10 Split Trust Net Margin % Related Terms

Thank you for viewing the detailed overview of Top 10 Split Trust's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Top 10 Split Trust (TSX:TXT.UN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Top 10 Split Trust (TSX:TXT.UN) » Definitions » Net Margin %
Comparable Companies
NEOE:JPEG XCNQ:LLL XCNQ:BLR TSX:YCM XCNQ:IC XCNQ:BVOF.A TSX:MKZ.UN TSX:SBN TSXV:FFP XCNQ:EATS BLK BX KKR OSTO:INVE A APO TSX:BN AMP BK OSTO:EQT XSWX:PGHN
Traded in Other Exchanges
TXT.PR.A.PFD:Canada
Address
121 King Street West, Suite 2600, P.O. Box 113, Toronto, ON, CAN, M5H 3T9
Website
https://www.mulvihill.com
Top 10 Split Trust is a Canada-based closed-end investment trust. The fund invests in a portfolio of securities consisting of common equity securities of Canadian banks and Canadian life insurance companies. Its investment objective is to provide unitholders with the benefit of capital appreciation in the market price of the securities in the fund's portfolio.

Top 10 Split Trust (TSX:TXT.UN) Headlines

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