Canoe EIT Income Fund EBITDA margin
What is the EBITDA margin of Canoe EIT Income Fund?
The EBITDA margin of Canoe EIT Income Fund is -10.14%
What is the definition of EBITDA margin?
EBITDA margin is a profitability ratio that measures how much EBITDA the company generates as a percentage of revenue.
ttm (trailing twelve months)
EBITDA margin measures how much of EBITDA is generated as a percentage of sales. It measures the company’s operating profit as a percentage of its revenue and is calculated as EBITDA (earnings before interest, taxes, depreciation, and amortization) divided by total revenue.
EBITDA margin also helps with judging the effectiveness of cost-cutting processes at the company. The higher the company’s EBITDA margin, the lower operating expenses are in respect to revenue. As a result, a higher EBITDA margin is considered more favorable. Smaller companies can have higher EBITDA margins since they are able to operate more efficiently and maximize their profitability.
EBITDA excludes interest on debt, taxes, and capital expenditures, the margin does not provide a perfectly clear estimate of the business’s cash flow generation. Furthermore, EBITDA margin is not recognized as a GAAP (generally accepted accounting principles) metric.
EBITDA margin of companies in the Finance sector on OTC compared to Canoe EIT Income Fund
What does Canoe EIT Income Fund do?
Canoe EIT Income Fund is a closed-ended balanced fund launched and managed by Canoe Financial LP. It is co-managed by Haber Trilix Advisors, LP. The fund invests in the public equity and fixed income markets of Canada and the United States. Its equity portion seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth and value stocks of mid-cap and large-cap companies. It invests in equity and debt securities of royalty and income trusts, corporations, partnerships, or other issuers. The fund was formerly known as EnerVest Diversified Income Trust. Canoe EIT Income Fund was formed on August 5, 1997 and is domiciled in Canada.
Companies with ebitda margin similar to Canoe EIT Income Fund
- Stelux International has EBITDA margin of -10.20%
- Wheeler Real Estate Investment Trust Inc has EBITDA margin of -10.19%
- Wheeler Real Estate Investment Trust Inc has EBITDA margin of -10.19%
- Huakang Biomedical has EBITDA margin of -10.18%
- The State Trading of India has EBITDA margin of -10.14%
- Simran Farms has EBITDA margin of -10.14%
- Canoe EIT Income Fund has EBITDA margin of -10.14%
- On The Beach Plc has EBITDA margin of -10.11%
- Tuniu Corp has EBITDA margin of -10.10%
- iLOOKABOUT has EBITDA margin of -10.09%
- Ankit Metal & Power has EBITDA margin of -10.08%
- Newborn Town has EBITDA margin of -10.08%
- Euromedis e has EBITDA margin of -10.06%