Redwood Monthlyome Fund (TSX:VIP.UN) Selling, General, & Admin. Expense: C$0.24 Mil (TTM As of Dec. 2017)


What is Redwood Monthlyome Fund Selling, General, & Admin. Expense?

Redwood Monthlyome Fund TSX:VIP.UN Selling, General, & Admin. Expense is C$0.24 Mil as of Dec. 2017.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Redwood Monthlyome Fund's selling, general, & admin. expense for the six months ended in Dec. 2017 was C$0.09 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2017 was C$0.24 Mil.


Redwood Monthlyome Fund  (TSX:VIP.UN) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Redwood Monthlyome Fund Selling, General, & Admin. Expense Related Terms


Redwood Monthlyome Fund Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Redwood Monthlyome Fund's Selling, General, & Admin. Expense 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.

Redwood Monthlyome Fund Selling, General, & Admin. Expense Chart

Redwood Monthlyome Fund Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 1.02 0.70 0.60 0.24

Redwood Monthlyome Fund Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
Selling, General, & Admin. Expense 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 0.27 0.40 0.21 0.15 0.09

TSX:VIP.UN vs MDLY, GARS, ICMB: Selling, General, & Admin. Expense Comparison

For the Asset Management subindustry, Redwood Monthlyome Fund's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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.


Redwood Monthlyome Fund Selling, General, & Admin. Expense vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Redwood Monthlyome Fund's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Redwood Monthlyome Fund's Selling, General, & Admin. Expense falls into.



Redwood Monthlyome Fund Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Dec. 2017 adds up the semi-annually data reported by the company within the most recent 12 months, which was C$0.24 Mil.

* 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.

What does a Selling, General, & Admin. Expense of C$0.24 Mil mean?
Redwood Monthlyome Fund (TSX:VIP.UN) has a Selling, General, & Admin. Expense of C$0.24 Mil as of Dec. 2017. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Redwood Monthlyome Fund and its competitors.
Is Redwood Monthlyome Fund's Selling, General, & Admin. Expense too high?
Redwood Monthlyome Fund's current Selling, General, & Admin. Expense is C$0.24 Mil.
How does Redwood Monthlyome Fund's Selling, General, & Admin. Expense compare to MDLY and GARS?
Redwood Monthlyome Fund's Selling, General, & Admin. Expense of C$0.24 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for an Asset Management company?
A good Selling, General, & Admin. Expense depends on the Asset Management industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Redwood Monthlyome Fund and its competitors. Redwood Monthlyome Fund's current Selling, General, & Admin. Expense is C$0.24 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redwood Monthlyome Fund stock overvalued right now?
Redwood Monthlyome Fund (TSX:VIP.UN) has a current Selling, General, & Admin. Expense of C$0.24 Mil. The current Selling, General, & Admin. Expense is C$0.24 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Redwood Monthlyome Fund (TSX:VIP.UN), the current Selling, General, & Admin. Expense is C$0.24 Mil as of Dec. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Redwood Monthlyome Fund Business Description

Address 130 Adelaide Street West, Suite 1700, P.O. Box 83, Toronto, ON, CAN, M5H 3P5
Redwood Monthly Income Fund is a closed-end investment trust. Its investment objectives are to provide Unitholders with the benefits of a high level of monthly income, together with the opportunity for capital appreciation. The Fund seeks to achieve its Investment Objectives through active asset and sector allocation and by investing in those income-producing securities that the Sub-Advisor believes represent the weighting to achieve the Investment Objectives. The Fund has exposure to a diversified portfolio consisting of income-producing securities, including but not limited to income trusts, dividend-paying common shares, convertible debt, preferred shares and investment-grade fixed income investments.