Canoe EIT Income Fund Profit margin
What is the Profit margin of Canoe EIT Income Fund?
The Profit margin of Canoe EIT Income Fund is 71.34%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Finance sector on OTC compared to Canoe EIT Income Fund
What does Canoe EIT Income Fund do?
Canoe EIT Income Fund is a closed-ended balanced fund launched and managed by Canoe Financial LP. It is co-managed by Haber Trilix Advisors, LP. The fund invests in the public equity and fixed income markets of Canada and the United States. Its equity portion seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth and value stocks of mid-cap and large-cap companies. It invests in equity and debt securities of royalty and income trusts, corporations, partnerships, or other issuers. The fund was formerly known as EnerVest Diversified Income Trust. Canoe EIT Income Fund was formed on August 5, 1997 and is domiciled in Canada.
Companies with profit margin similar to Canoe EIT Income Fund
- Great Elm Capital Corp has Profit margin of 70.71%
- Fairfax India has Profit margin of 70.74%
- Riverstone Credit Opportunities Income Plc has Profit margin of 70.75%
- Nalwa Sons Investments has Profit margin of 70.88%
- BlackRock MuniYield Arizona Fund has Profit margin of 70.89%
- Ecofin Global Utilities & Infrastructure Trust Plc has Profit margin of 71.19%
- Canoe EIT Income Fund has Profit margin of 71.34%
- Black Stone Minerals L.P has Profit margin of 71.35%
- Gas2Grid has Profit margin of 71.48%
- Metals Exploration plc has Profit margin of 71.54%
- Dynavision has Profit margin of 71.74%
- STEL has Profit margin of 71.89%
- Newtek Business Services has Profit margin of 72.05%