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Tritax EuroBox (LSE:BOXE) Net Interest Margin (Bank Only) % : -93.17% (As of Mar. 2024)


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What is Tritax EuroBox Net Interest Margin (Bank Only) %?

Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Tritax EuroBox's annualized Net Interest Income (for Banks) for the quarter that ended in Mar. 2024 was €-8.60 Mil. Tritax EuroBox's average earning assets for the quarter that ended in Mar. 2024 was €9.23 Mil. Therefore, Tritax EuroBox's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 was -93.17%.


Tritax EuroBox Net Interest Margin (Bank Only) % Historical Data

The historical data trend for Tritax EuroBox's Net Interest Margin (Bank Only) % 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.

Tritax EuroBox Net Interest Margin (Bank Only) % Chart

Tritax EuroBox Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Net Interest Margin (Bank Only) %
-1,492.31 -281.72 -48.76 -50.07

Tritax EuroBox Semi-Annual Data
Dec18 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Net Interest Margin (Bank Only) % Get a 7-Day Free Trial Premium Member Only Premium Member Only -177.78 -31.15 -26.72 -111.81 -93.17

Competitive Comparison of Tritax EuroBox's Net Interest Margin (Bank Only) %

For the Real Estate Services subindustry, Tritax EuroBox's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % 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.


Tritax EuroBox's Net Interest Margin (Bank Only) % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tritax EuroBox's Net Interest Margin (Bank Only) % distribution charts can be found below:

* The bar in red indicates where Tritax EuroBox's Net Interest Margin (Bank Only) % falls into.



Tritax EuroBox Net Interest Margin (Bank Only) % Calculation

Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).

Tritax EuroBox's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Sep. 2023 is calculated as

Net Interest Margin (Bank Only) %(A: Sep. 2023 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (A: Sep. 2022 ) + Earning Assets (A: Sep. 2023 ))/ count )
=-8.42/( (24.4 + 9.23)/ 2 )
=-8.42/16.815
=-50.07 %

where

Earning Assets(A: Sep. 2022 )
=Money Market Investments + Net Loan + Securities & Investments
=24.4 + 0 + 0
=24.4

Earning Assets(A: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=9.23 + 0 + 0
=9.23

Tritax EuroBox's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2024 is calculated as

Net Interest Margin (Bank Only) %(Q: Mar. 2024 )
=(Interest Income + Interest Expense)/Average Earning Assets
=Net Interest Income (for Banks)/( (Earning Assets (Q: Sep. 2023 ) + Earning Assets (Q: Mar. 2024 ))/ count )
=-8.6/( (9.23 + 0)/ 1 )
=-8.6/9.23
=-93.17 %

where

Earning Assets(Q: Sep. 2023 )
=Money Market Investments + Net Loan + Securities & Investments
=9.23 + 0 + 0
=9.23

Earning Assets(Q: Mar. 2024 )
=Money Market Investments + Net Loan + Securities & Investments
=0 + 0 + 0
=0

* 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.

Note: Interest Expense is the negative value.

In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data, the Net Interest Income (for Banks) data used here is two times the semi-annual (Mar. 2024) net interest income data. Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.


Tritax EuroBox  (LSE:BOXE) Net Interest Margin (Bank Only) % Explanation

The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.


Tritax EuroBox Net Interest Margin (Bank Only) % Related Terms

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Tritax EuroBox (LSE:BOXE) Business Description

Industry
Traded in Other Exchanges
Address
6 Duke Street St James’s, 3rd Floor, London, GBR, SW1Y 6BN
Tritax EuroBox PLC is an investment company. Its investment objective is to invest in continental European logistics real estate assets to deliver an attractive capital return and secure income. The majority of revenue is generated through rental income. The company is engaged in a single segment business, being the investment in and development of European Big Box assets.

Tritax EuroBox (LSE:BOXE) Headlines

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