New America High Income Fund Past Earnings Performance
Past criteria checks 2/6
New America High Income Fund's earnings have been declining at an average annual rate of -15%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 2.4% per year. New America High Income Fund's return on equity is 14.5%, and it has net margins of 144.7%.
Key information
-15.0%
Earnings growth rate
-15.0%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -2.4% |
| Return on equity | 14.5% |
| Net Margin | 144.7% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
HYB: Attractive Valuation And Providing Monthly Income
Mar 26HYB: Buy The Wide 14% Discount
Dec 29HYB: Attractively Priced For High-Yield Exposure
Oct 03HYB: An Attractive Discount On This High Yield Fund
Jun 12HYB: Revisiting This High Yield CEF After The Dividend Cut
May 30New America High Income Fund declares $0.05 dividend
Dec 16New America High Income Fund declares $0.05 dividend
Nov 02New America High Income Fund declares $0.05 dividend
Oct 03HYB: Fully Covered 8.53% Distribution Yield
Sep 15New America High Income Fund declares $0.05 dividend
Sep 01New America High Income Fund declares $0.05 dividend
Aug 01HYB: High Yield Panic Mode Is A Buy Signal
Jun 17HYI And HYB: 2 High Yield Bond Funds Worth A Look
Apr 20HYB - Moving From Bearish To Neutral
Dec 22HYB - A Nice Sell Signal
Oct 28HYB: High Yield Fund At An Attractive Discount
Sep 13New America High Income Fund declares $0.05 dividend
May 03New America High Income Fund declares $0.05 monthly and $0.095 special dividend
Dec 18New America High Income Fund declares $0.05 dividend
Dec 01New America High Income Fund declares $0.05 dividend
Nov 02Revenue & Expenses BreakdownBeta
How New America High Income Fund makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 19 | 28 | 3 | 0 |
| 30 Sep 23 | 19 | 23 | 3 | 0 |
| 30 Jun 23 | 19 | 19 | 3 | 0 |
| 31 Mar 23 | 18 | -9 | 3 | 0 |
| 31 Dec 22 | 18 | -37 | 3 | 0 |
| 30 Sep 22 | 18 | -39 | 3 | 0 |
| 30 Jun 22 | 18 | -40 | 3 | 0 |
| 31 Mar 22 | 18 | -12 | 3 | 0 |
| 31 Dec 21 | 18 | 16 | 3 | 0 |
| 30 Sep 21 | 19 | 27 | 3 | 0 |
| 30 Jun 21 | 19 | 38 | 3 | 0 |
| 31 Mar 21 | 19 | 24 | 3 | 0 |
| 31 Dec 20 | 19 | 10 | 3 | 0 |
| 30 Sep 20 | 19 | 3 | 3 | 0 |
| 30 Jun 20 | 19 | -5 | 3 | 0 |
| 31 Mar 20 | 20 | 18 | 3 | 0 |
| 31 Dec 19 | 20 | 42 | 3 | 0 |
| 30 Sep 19 | 20 | 31 | 3 | 0 |
| 30 Jun 19 | 21 | 21 | 3 | 0 |
| 31 Mar 19 | 21 | 3 | 3 | 0 |
| 31 Dec 18 | 21 | -14 | 3 | 0 |
| 30 Sep 18 | 21 | -6 | 3 | 0 |
| 30 Jun 18 | 21 | 2 | 3 | 0 |
| 31 Mar 18 | 21 | 13 | 3 | 0 |
| 31 Dec 17 | 21 | 24 | 3 | 0 |
| 30 Sep 17 | 21 | 30 | 3 | 0 |
| 30 Jun 17 | 21 | 37 | 3 | 0 |
| 31 Mar 17 | 21 | 40 | 3 | 0 |
| 31 Dec 16 | 21 | 42 | 3 | 0 |
| 30 Sep 16 | 21 | 22 | 3 | 0 |
| 30 Jun 16 | 21 | 1 | 3 | 0 |
| 31 Mar 16 | 21 | -5 | 3 | 0 |
| 31 Dec 15 | 22 | -10 | 3 | 0 |
| 30 Sep 15 | 22 | -5 | 3 | 0 |
| 30 Jun 15 | 22 | -1 | 3 | 0 |
| 31 Mar 15 | 22 | 4 | 3 | 0 |
| 31 Dec 14 | 22 | 8 | 3 | 0 |
| 30 Sep 14 | 23 | 22 | 3 | 0 |
| 30 Jun 14 | 24 | 37 | 3 | 0 |
| 31 Mar 14 | 24 | 30 | 3 | 0 |
| 31 Dec 13 | 24 | 22 | 3 | 0 |
| 30 Sep 13 | 24 | 25 | 3 | 0 |
| 30 Jun 13 | 24 | 27 | 3 | 0 |
Quality Earnings: HYB has a large one-off gain of $16.6M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: HYB became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HYB has become profitable over the past 5 years, growing earnings by -15% per year.
Accelerating Growth: HYB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: HYB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (3.3%).
Return on Equity
High ROE: HYB's Return on Equity (14.5%) is considered low.