Minto Apartment REIT (TSX:MI.UN) Selling, General, & Admin. Expense : C$10.6 Mil (TTM As of Mar. 2024)

Minto Apartment REIT Selling, General, & Admin. Expense Chart

Minto Apartment REIT Annual Data
	Trend	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Selling, General, & Admin. Expense		Get a 7-Day Free Trial				5.93	6.39	7.74	7.06	11.04

Minto Apartment REIT Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Selling, General, & Admin. Expense	Get a 7-Day Free Trial															2.91	2.90	1.75	3.48	2.50

Competitive Comparison of Minto Apartment REIT's Selling, General, & Admin. Expense

For the REIT - Residential subindustry, Minto Apartment REIT's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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.

Minto Apartment REIT's Selling, General, & Admin. Expense Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Minto Apartment REIT's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Minto Apartment REIT's Selling, General, & Admin. Expense falls into.

Minto Apartment REIT Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$10.6 Mil.

* 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.

Minto Apartment REIT  (TSX:MI.UN) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.

Minto Apartment REIT Selling, General, & Admin. Expense Related Terms

Thank you for viewing the detailed overview of Minto Apartment REIT's Selling, General, & Admin. Expense provided by GuruFocus.com. Please click on the following links to see related term pages.

Minto Apartment REIT (TSX:MI.UN) Business Description