Premium Income Profit margin
What is the Profit margin of Premium Income?
The Profit margin of Premium Income Corp. is 86.78%
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 TSX compared to Premium Income
What does Premium Income do?
Premium Income Corporation is an equity mutual fund launched and managed by Strathbridge Asset Management Inc. It invests in the public equity markets of Canada. It invests in stocks of companies operating primarily in the banking sector. The fund uses financial derivatives such as call and put options to invest in stocks of Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, and Toronto Dominion Bank. It seeks to invest in stocks of dividend paying companies. The fund benchmarks the performance of its portfolio against the S&P/TSX Diversified Banks Total Return Index. Premium Income Corporation was formed on August 27, 1996 and is domiciled in Canada.
Companies with profit margin similar to Premium Income
- Microstrategy has Profit margin of 86.47%
- The Scottish American Investment P.L.C has Profit margin of 86.50%
- HICL Infrastructure PLC has Profit margin of 86.65%
- Civitas Social Housing Plc has Profit margin of 86.66%
- Landbridge has Profit margin of 86.70%
- Gore Street Storage Fund Plc has Profit margin of 86.75%
- Premium Income has Profit margin of 86.78%
- Murray International Trust Plc has Profit margin of 86.85%
- Nippon Active Value Fund plc has Profit margin of 86.87%
- Plaza Retail REIT has Profit margin of 86.91%
- Canadian General Investments has Profit margin of 86.92%
- Brunner Investment Trust Plc has Profit margin of 87.06%
- Premier Global Infrastructure Trust PLC has Profit margin of 87.08%