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Canso Select Opportunities (TSXV:CSOC.B) Operating Margin % : 157.28% (As of Dec. 2023)


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What is Canso Select Opportunities Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Canso Select Opportunities's Operating Income for the three months ended in Dec. 2023 was C$0.65 Mil. Canso Select Opportunities's Revenue for the three months ended in Dec. 2023 was C$0.41 Mil. Therefore, Canso Select Opportunities's Operating Margin % for the quarter that ended in Dec. 2023 was 157.28%.

The historical rank and industry rank for Canso Select Opportunities's Operating Margin % or its related term are showing as below:

TSXV:CSOC.B' s Operating Margin % Range Over the Past 10 Years
Min: 17.87   Med: 50.52   Max: 232.16
Current: 100


TSXV:CSOC.B's Operating Margin % is ranked better than
91.47% of 633 companies
in the Asset Management industry
Industry Median: 14.04 vs TSXV:CSOC.B: 100.00

Canso Select Opportunities's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Canso Select Opportunities's Operating Income for the three months ended in Dec. 2023 was C$0.65 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.85 Mil.


Canso Select Opportunities Operating Margin % Historical Data

The historical data trend for Canso Select Opportunities's Operating 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.

Canso Select Opportunities Operating Margin % Chart

Canso Select Opportunities Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial 232.16 152.24 17.87 50.52 33.76

Canso Select Opportunities Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Operating 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 681.35 25.00 -23.76 126.67 157.28

Competitive Comparison of Canso Select Opportunities's Operating Margin %

For the Asset Management subindustry, Canso Select Opportunities's Operating Margin %, along with its competitors' market caps and Operating 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.


Canso Select Opportunities's Operating Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Canso Select Opportunities's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Canso Select Opportunities's Operating Margin % falls into.



Canso Select Opportunities Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Canso Select Opportunities's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=0.288 / 0.853
=33.76 %

Canso Select Opportunities's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0.648 / 0.412
=157.28 %

* 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.


Canso Select Opportunities  (TSXV:CSOC.B) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Canso Select Opportunities Operating Margin % Related Terms

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


Canso Select Opportunities (TSXV:CSOC.B) Business Description

Traded in Other Exchanges
Address
100 York Boulevard, Suite 550, Richmond Hill, ON, CAN, L4B 1J8
Canso Select Opportunities Corp is an Ontario-based investment corporation. Its investment objective is to provide capital gains and dividend income to its shareholders. The corporation evaluates potential investments in debt, public and private equity, and other securities. The deployment of funds to new investments depends on both the attractiveness of new investment opportunities and the availability of capital as generated from the realization of value from existing portfolio investments.

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