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Miller/Howard Highome Equity Fund (Miller/Howard Highome Equity Fund) Net Margin % : 115.78% (As of Oct. 2023)


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What is Miller/Howard Highome Equity Fund Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Miller/Howard Highome Equity Fund's Net Income for the six months ended in Oct. 2023 was $-4.86 Mil. Miller/Howard Highome Equity Fund's Revenue for the six months ended in Oct. 2023 was $-4.20 Mil. Therefore, Miller/Howard Highome Equity Fund's net margin for the quarter that ended in Oct. 2023 was 115.78%.

The historical rank and industry rank for Miller/Howard Highome Equity Fund's Net Margin % or its related term are showing as below:

HIE' s Net Margin % Range Over the Past 10 Years
Min: 62.91   Med: 95.02   Max: 811.69
Current: 62.91


HIE's Net Margin % is ranked worse than
61.75% of 1668 companies
in the Asset Management industry
Industry Median: 86.925 vs HIE: 62.91

Miller/Howard Highome Equity Fund Net Margin % Historical Data

The historical data trend for Miller/Howard Highome Equity Fund's Net 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.

Miller/Howard Highome Equity Fund Net Margin % Chart

Miller/Howard Highome Equity Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Margin %
Get a 7-Day Free Trial 92.23 102.62 98.41 86.12 62.94

Miller/Howard Highome Equity Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 92.41 94.98 137.92 93.04 115.78

Competitive Comparison of Miller/Howard Highome Equity Fund's Net Margin %

For the Asset Management subindustry, Miller/Howard Highome Equity Fund's Net Margin %, along with its competitors' market caps and Net 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.


Miller/Howard Highome Equity Fund's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Miller/Howard Highome Equity Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Miller/Howard Highome Equity Fund's Net Margin % falls into.



Miller/Howard Highome Equity Fund Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Miller/Howard Highome Equity Fund's Net Margin for the fiscal year that ended in Oct. 2023 is calculated as

Net Margin=Net Income (A: Oct. 2023 )/Revenue (A: Oct. 2023 )
=1.992/3.165
=62.94 %

Miller/Howard Highome Equity Fund's Net Margin for the quarter that ended in Oct. 2023 is calculated as

Net Margin=Net Income (Q: Oct. 2023 )/Revenue (Q: Oct. 2023 )
=-4.858/-4.196
=115.78 %

* 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.


Miller/Howard Highome Equity Fund  (NYSE:HIE) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Miller/Howard Highome Equity Fund Net Margin % Related Terms

Thank you for viewing the detailed overview of Miller/Howard Highome Equity Fund's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Miller/Howard Highome Equity Fund (Miller/Howard Highome Equity Fund) Business Description

Traded in Other Exchanges
N/A
Address
45 Pine Grove Avenue, Suite 301, Kingston, NY, USA, 12401
Miller/Howard High Income Equity Fund is a closed-end, diversified management investment company. The fund's primary investment objective is to seek a high level of current income with a secondary objective of capital appreciation. It invests under normal market conditions, a majority of its total assets in dividend or distribution paying equity securities of U.S. companies and non-U.S. companies traded on U.S. exchanges. Its portfolio of investments consists of securities of different sectors such as Natural Gas Transmission, Real Estate Investment Trusts, Petroleum Refining, Oil and Gas Extraction, Electric Services and others.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Paul Charles Kazarian director C/O SABA CAPITAL MANAGEMENT, L.P., 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
James E Hillman director 10 DIXON AVENUE, WOODSTOCK NY 12498
Eva M Horowitz officer: Secretary 45 PINE GROVE AVENUE, SUITE 301, KINGSTON NY 12401
Sacco Mayra director 10 DIXON AVE, WOODSTOCK NY 12498
Catherine Mari Johnston director, officer: President 10 DIXON AVE, WOODSTOCK NY 12498
Dana Troxell officer: President C/O MILLER/HOWARD HIGH EQUITY INCOME FND, P.O. BOX 549, WOODSTOCK NY 12498
Lowell Miller officer: Chief Executive Officer PO BOX 549, WOODSTOCK NY 12498
Roger Conrad director 3516 HALCYON DRIVE, ALEXANDRIA VA 22305
Charles I Leone director C/O US WIRELESS DATA INC, 805 THIRD AVENUE, NEW YORK NY 10022
Paul Brook officer: Chief Compliance Officer MILLER/HOWARD HIGH EQUITY INCOME FUND, P.O. BOX 549, WOODSTOCK NY 12498
Helen Hamada officer: Chief Financial Officer PO BOX 549, WOODSTOCK NY 12498
Annemarie Gilly officer: Chief Operating Officer PO BOX 549, WOODSTOCK NY 12498
Leslie John E Iii officer: Vice President MILLER/HOWARD HIGH EQUITY INCOME FUND, P.O. BOX 549, WOODSTOCK NY 12498

Miller/Howard Highome Equity Fund (Miller/Howard Highome Equity Fund) Headlines

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