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Western Pacific Trust Co (TSXV:WP) Net Margin % : 32.04% (As of Mar. 2024)


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What is Western Pacific Trust Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Western Pacific Trust Co's Net Income for the three months ended in Mar. 2024 was C$0.21 Mil. Western Pacific Trust Co's Revenue for the three months ended in Mar. 2024 was C$0.65 Mil. Therefore, Western Pacific Trust Co's net margin for the quarter that ended in Mar. 2024 was 32.04%.

The historical rank and industry rank for Western Pacific Trust Co's Net Margin % or its related term are showing as below:

TSXV:WP' s Net Margin % Range Over the Past 10 Years
Min: -26.1   Med: 5.33   Max: 75.81
Current: 22.47


TSXV:WP's Net Margin % is ranked worse than
72.84% of 1668 companies
in the Asset Management industry
Industry Median: 86.405 vs TSXV:WP: 22.47

Western Pacific Trust Co Net Margin % Historical Data

The historical data trend for Western Pacific Trust Co'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.

Western Pacific Trust Co Net Margin % Chart

Western Pacific Trust Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.16 7.26 75.81 42.06 21.92

Western Pacific Trust Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % 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 Premium Member Only 31.30 15.51 19.91 18.12 32.04

Competitive Comparison of Western Pacific Trust Co's Net Margin %

For the Asset Management subindustry, Western Pacific Trust Co'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.


Western Pacific Trust Co's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Pacific Trust Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where Western Pacific Trust Co's Net Margin % falls into.



Western Pacific Trust Co 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.

Western Pacific Trust Co's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=0.426/1.943
=21.92 %

Western Pacific Trust Co's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=0.207/0.646
=32.04 %

* 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.


Western Pacific Trust Co  (TSXV:WP) 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.


Western Pacific Trust Co Net Margin % Related Terms

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Western Pacific Trust Co (TSXV:WP) Business Description

Traded in Other Exchanges
N/A
Address
920-789 West Pender Street, Suite 920, Vancouver, BC, CAN, V6C 1H2
Western Pacific Trust Co is a non-deposit-taking independent trust company. The company acts as Trustee for Self-Administered Registered Retirement Savings Plans (RRSP), which permit investors the tax-deferred benefits of a registered plan while maintaining control over their investment choices. It also offers self-administered Tax-Free Savings Accounts (TFSA), within which clients can earn tax-free investment income during their lifetime. The company operates in the Financial Services industry segment, and all operations are situated in Canada.
Executives
Garnett Cutler Director