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XAI Octagon Floating Rate & Alternativeome Trust (XAI Octagon Floating Rate & Alternativeome Trust) Net Margin % : 91.65% (As of Sep. 2023)


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What is XAI Octagon Floating Rate & Alternativeome Trust Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. XAI Octagon Floating Rate & Alternativeome Trust's Net Income for the six months ended in Sep. 2023 was $33.47 Mil. XAI Octagon Floating Rate & Alternativeome Trust's Revenue for the six months ended in Sep. 2023 was $36.52 Mil. Therefore, XAI Octagon Floating Rate & Alternativeome Trust's net margin for the quarter that ended in Sep. 2023 was 91.65%.

The historical rank and industry rank for XAI Octagon Floating Rate & Alternativeome Trust's Net Margin % or its related term are showing as below:

XFLT' s Net Margin % Range Over the Past 10 Years
Min: 87.25   Med: 103.63   Max: 117.87
Current: 87.98


XFLT's Net Margin % is ranked better than
50.78% of 1668 companies
in the Asset Management industry
Industry Median: 86.925 vs XFLT: 87.98

XAI Octagon Floating Rate & Alternativeome Trust Net Margin % Historical Data

The historical data trend for XAI Octagon Floating Rate & Alternativeome Trust'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.

XAI Octagon Floating Rate & Alternativeome Trust Net Margin % Chart

XAI Octagon Floating Rate & Alternativeome Trust Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Margin %
Get a 7-Day Free Trial 114.80 117.29 92.46 117.87 87.98

XAI Octagon Floating Rate & Alternativeome Trust Semi-Annual Data
Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 85.86 144.25 111.61 79.86 91.65

Competitive Comparison of XAI Octagon Floating Rate & Alternativeome Trust's Net Margin %

For the Asset Management subindustry, XAI Octagon Floating Rate & Alternativeome Trust'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.


XAI Octagon Floating Rate & Alternativeome Trust's Net Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, XAI Octagon Floating Rate & Alternativeome Trust's Net Margin % distribution charts can be found below:

* The bar in red indicates where XAI Octagon Floating Rate & Alternativeome Trust's Net Margin % falls into.



XAI Octagon Floating Rate & Alternativeome Trust 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.

XAI Octagon Floating Rate & Alternativeome Trust's Net Margin for the fiscal year that ended in Sep. 2023 is calculated as

Net Margin=Net Income (A: Sep. 2023 )/Revenue (A: Sep. 2023 )
=46.627/52.996
=87.98 %

XAI Octagon Floating Rate & Alternativeome Trust's Net Margin for the quarter that ended in Sep. 2023 is calculated as

Net Margin=Net Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=33.474/36.524
=91.65 %

* 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.


XAI Octagon Floating Rate & Alternativeome Trust  (NYSE:XFLT) 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.


XAI Octagon Floating Rate & Alternativeome Trust Net Margin % Related Terms

Thank you for viewing the detailed overview of XAI Octagon Floating Rate & Alternativeome Trust's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


XAI Octagon Floating Rate & Alternativeome Trust (XAI Octagon Floating Rate & Alternativeome Trust) Business Description

Traded in Other Exchanges
N/A
Address
321 North Clark Street, Suite 2430, Chicago, IL, USA, 60654
XAI Octagon FR & Alt Income Term Trust is a diversified, closed-end management investment company. The Trust's investment objective is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle.
Executives
Theodore J Brombach officer: President & CEO, other: Interested Trustee 321 N. CLARK STREET, CHICAGO IL 60054
John Yogi Spence officer: CFO & Treasurer 321 N. CLARK STREET, CHICAGO IL 60054
Randi Jean Roessler officer: Chief Compliance Officer C/O DESTRA MULTI ALTERNATIVE FUND, 443 NORTH WILLSON AVENUE, BOZEMAN MT 59715
Benjamin Mcculloch officer: Secretary & CLO 321 NORTH CLARK STREET, SUITE 2430, CHICAGO IL 60654
John P Mcgarrity officer: Chief Legal & Secretary 321 N. CLARK STREET, CHICAGO IL 60054
Eagle Point Credit Management Llc 10 percent owner 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Ep Dif Cayman I Lp 10 percent owner 600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Eagle Point Core Income Fund Lp 10 percent owner 600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Eagle Point Cif Gp I Llc 10 percent owner 600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Eagle Point Dif Gp I Llc 10 percent owner 600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Sean Michael Gleason other: Sub-Adviser Inv Comm Member 250 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10177
Philip G Franklin other: Trustee C/O XA INVESTMENTS, 1290 BROADWAY STE 1100, DENVER CO 80203
Andrew David Gordon other: Sub-Adviser Inv Comm Member 250 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10177
Scott C Jones other: Trustee C/O XA INVESTMENTS, 1290 BROADWAY STE 1100, DENVER CO 80203
Maegan Gallagher Boger other: Sub-Adviser Inv Comm Member 250 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10177

XAI Octagon Floating Rate & Alternativeome Trust (XAI Octagon Floating Rate & Alternativeome Trust) Headlines

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