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abrdn Asia-Pacificome Fund VCC (TSX:FAP) Pretax Margin % : 91.23% (As of Apr. 2024)


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What is abrdn Asia-Pacificome Fund VCC Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. abrdn Asia-Pacificome Fund VCC's Pre-Tax Income for the six months ended in Apr. 2024 was C$8.78 Mil. abrdn Asia-Pacificome Fund VCC's Revenue for the six months ended in Apr. 2024 was C$9.62 Mil. Therefore, abrdn Asia-Pacificome Fund VCC's pretax margin for the quarter that ended in Apr. 2024 was 91.23%.

The historical rank and industry rank for abrdn Asia-Pacificome Fund VCC's Pretax Margin % or its related term are showing as below:

TSX:FAP' s Pretax Margin % Range Over the Past 10 Years
Min: 36.5   Med: 101.36   Max: 2545.04
Current: 87.94


TSX:FAP's Pretax Margin % is ranked worse than
54.02% of 1642 companies
in the Asset Management industry
Industry Median: 91.43 vs TSX:FAP: 87.94

abrdn Asia-Pacificome Fund VCC Pretax Margin % Historical Data

The historical data trend for abrdn Asia-Pacificome Fund VCC'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.

abrdn Asia-Pacificome Fund VCC Pretax Margin % Chart

abrdn Asia-Pacificome Fund VCC Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.00 123.86 164.79 109.32 92.79

abrdn Asia-Pacificome Fund VCC Semi-Annual Data
Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
Pretax 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 110.33 108.67 95.73 80.65 91.23

Competitive Comparison of abrdn Asia-Pacificome Fund VCC's Pretax Margin %

For the Asset Management subindustry, abrdn Asia-Pacificome Fund VCC'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.


abrdn Asia-Pacificome Fund VCC's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, abrdn Asia-Pacificome Fund VCC's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where abrdn Asia-Pacificome Fund VCC's Pretax Margin % falls into.



abrdn Asia-Pacificome Fund VCC 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.

abrdn Asia-Pacificome Fund VCC's Pretax Margin for the fiscal year that ended in Oct. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Oct. 2023 )/Revenue (A: Oct. 2023 )
=20.665/22.27
=92.79 %

abrdn Asia-Pacificome Fund VCC's Pretax Margin for the quarter that ended in Apr. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Apr. 2024 )/Revenue (Q: Apr. 2024 )
=8.779/9.623
=91.23 %

* 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.


abrdn Asia-Pacificome Fund VCC  (TSX:FAP) 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.


abrdn Asia-Pacificome Fund VCC Pretax Margin % Related Terms

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abrdn Asia-Pacificome Fund VCC Business Description

Traded in Other Exchanges
N/A
Address
Number 23-04 Marina One East Tower, 7 Straits View, Singapore, SGP, 018936
abrdn Asia-Pacific Income Fund VCC is a closed-ended investment company. Its investment objective is to obtain current income and achieve incidental capital appreciation from investment in long-term debt securities.
Executives
William James Braithwaite Director

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