Premium Income Operating margin
What is the Operating margin of Premium Income?
The Operating margin of Premium Income Corp. is 90.11%
What is the definition of Operating margin?
Operating margin is the ratio of operating income divided by net sales and presented in percent.
ttm (trailing twelve months)
Operating margin is an indicator of profitability and is often used to compare the profitability of companies and industries of differing sizes. Companies are collections of projects and markets, individual areas can be judged on how successful they are at adding to the corporate net profit. Not all projects are of equal size, however, and one way to adjust for size is to divide the profit by sales revenue. The resulting ratio is the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted.
Operating margin of companies in the Finance sector on TSX compared to Premium Income
What does Premium Income do?
Premium Income Corporation is an equity mutual fund launched and managed by Strathbridge Asset Management Inc. It invests in the public equity markets of Canada. It invests in stocks of companies operating primarily in the banking sector. The fund uses financial derivatives such as call and put options to invest in stocks of Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, and Toronto Dominion Bank. It seeks to invest in stocks of dividend paying companies. The fund benchmarks the performance of its portfolio against the S&P/TSX Diversified Banks Total Return Index. Premium Income Corporation was formed on August 27, 1996 and is domiciled in Canada.
Companies with operating margin similar to Premium Income
- Diversified Royalty has Operating margin of 89.80%
- Pioneer High Income Fund Inc has Operating margin of 89.90%
- Pacific Coast Oil Trust has Operating margin of 89.91%
- Pacific Coast Oil Trust has Operating margin of 89.91%
- Cadence Capital has Operating margin of 89.96%
- Nuveen California Select Tax-Free Income Portfolio has Operating margin of 89.99%
- Premium Income has Operating margin of 90.11%
- Flaherty & Crumrine Preferred and Income Securities Fund Inc has Operating margin of 90.11%
- Spark Infrastructure Stapled Securities has Operating margin of 90.17%
- Spice Private Equity AG has Operating margin of 90.20%
- Baillie Gifford European Growth Trust Plc has Operating margin of 90.21%
- Standard Life Private Equity Trust Plc has Operating margin of 90.27%
- Great Wall Pan Asia has Operating margin of 90.28%