Highland Opportunities andome Fund (Highland Opportunities andome Fund) Pretax Margin % : 113.17% (As of Dec. 2023)

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What is Highland Opportunities andome Fund Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Highland Opportunities andome Fund's Pre-Tax Income for the six months ended in Dec. 2023 was $-23.00 Mil. Highland Opportunities andome Fund's Revenue for the six months ended in Dec. 2023 was $-20.33 Mil. Therefore, Highland Opportunities andome Fund's pretax margin for the quarter that ended in Dec. 2023 was 113.17%.

The historical rank and industry rank for Highland Opportunities andome Fund's Pretax Margin % or its related term are showing as below:

HFROpA.PFD' s Pretax Margin % Range Over the Past 10 Years
Min: 80.82 Med: 88.47 Max: 621.74
Current: 621.74

HFROpA.PFD's Pretax Margin % is ranked better than
97.6% of 1668 companies
in the Asset Management industry
Industry Median: 90.38 vs HFROpA.PFD: 621.74

Highland Opportunities andome Fund Pretax Margin % Historical Data

The historical data trend for Highland Opportunities andome Fund's Pretax 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.

Highland Opportunities andome Fund Pretax Margin % Chart

Highland Opportunities andome Fund Annual Data

Trend

Jun18

Dec19

Dec20

Dec21

Dec22

Dec23

Pretax Margin %

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81.75

80.82

94.21

86.89

621.74

Highland Opportunities andome Fund Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Pretax Margin %	Get a 7-Day Free Trial								93.11	97.28	104.40	86.52	113.17

Competitive Comparison of Highland Opportunities andome Fund's Pretax Margin %

For the Asset Management subindustry, Highland Opportunities andome Fund's Pretax Margin %, along with its competitors' market caps and Pretax 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.

Highland Opportunities andome Fund's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Highland Opportunities andome Fund's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Highland Opportunities andome Fund's Pretax Margin % falls into.

Highland Opportunities andome Fund Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Highland Opportunities andome Fund's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-6.292	/	-1.012
	=	621.74 %

Highland Opportunities andome Fund's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-23.002	/	-20.326
	=	113.17 %

Highland Opportunities andome Fund (NYSE:HFROpA.PFD) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

Highland Opportunities andome Fund Pretax Margin % Related Terms

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Highland Opportunities andome Fund (Highland Opportunities andome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Highland Opportunities and Income Fund (NYSE:HFROpA.PFD) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

HFRO:USA

Address

300 Crescent Court, Suite 700, Dallas, TX, USA, 75201

Website

https://www.nexpointassetmgmt.com

Highland Opportunities and Income Fund is a non-diversified, closed-end management investment company. Its investment objective is to provide a high level of current income, consistent with the preservation of capital. The company's portfolio of investments includes different industry investments such as financial, chemicals, energy, healthcare, industrial, manufacturing, and others.