Credit Suisse Asset Management Income Fund Past Earnings Performance
Past criteria checks 2/6
Credit Suisse Asset Management Income Fund's earnings have been declining at an average annual rate of -7.5%, while the Capital Markets industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 1.8% per year. Credit Suisse Asset Management Income Fund's return on equity is 16.7%, and it has net margins of 146.6%.
Key information
-7.5%
Earnings growth rate
-7.6%
EPS growth rate
| Capital Markets Industry Growth | 10.3% |
| Revenue growth rate | -1.8% |
| Return on equity | 16.7% |
| Net Margin | 146.6% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
No updates
Recent updates
Revenue & Expenses BreakdownBeta
How Credit Suisse Asset Management 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 | 18 | 26 | 1 | 0 |
| 30 Sep 23 | 17 | 21 | 1 | 0 |
| 30 Jun 23 | 17 | 16 | 1 | 0 |
| 31 Mar 23 | 16 | -3 | 1 | 0 |
| 31 Dec 22 | 15 | -22 | 1 | 0 |
| 30 Sep 22 | 15 | -23 | 1 | 0 |
| 30 Jun 22 | 14 | -23 | 1 | 0 |
| 31 Mar 22 | 14 | -4 | 1 | 0 |
| 31 Dec 21 | 14 | 15 | 1 | 0 |
| 30 Sep 21 | 15 | 26 | 1 | 0 |
| 30 Jun 21 | 15 | 37 | 1 | 0 |
| 31 Mar 21 | 16 | 24 | 1 | 0 |
| 31 Dec 20 | 16 | 11 | 1 | 0 |
| 30 Sep 20 | 16 | 2 | 1 | 0 |
| 30 Jun 20 | 17 | -6 | 1 | 0 |
| 31 Mar 20 | 17 | 11 | 1 | 0 |
| 31 Dec 19 | 17 | 28 | 1 | 0 |
| 30 Sep 19 | 17 | 21 | 1 | 0 |
| 30 Jun 19 | 17 | 14 | 1 | 0 |
| 31 Mar 19 | 17 | 4 | 1 | 0 |
| 31 Dec 18 | 17 | -6 | 1 | 0 |
| 30 Sep 18 | 17 | 1 | 2 | 0 |
| 30 Jun 18 | 17 | 7 | 2 | 0 |
| 31 Mar 18 | 16 | 13 | 2 | 0 |
| 31 Dec 17 | 15 | 19 | 2 | 0 |
| 30 Sep 17 | 14 | 25 | 1 | 0 |
| 30 Jun 17 | 14 | 31 | 1 | 0 |
| 31 Mar 17 | 14 | 30 | 1 | 0 |
| 31 Dec 16 | 14 | 28 | 1 | 0 |
| 30 Sep 16 | 14 | 11 | 1 | 0 |
| 30 Jun 16 | 14 | -6 | 1 | 0 |
| 31 Mar 16 | 14 | -7 | 1 | 0 |
| 31 Dec 15 | 15 | -8 | 1 | 0 |
| 30 Sep 15 | 15 | -4 | 1 | 0 |
| 30 Jun 15 | 14 | 1 | 1 | 0 |
| 31 Mar 15 | 15 | 2 | 1 | 0 |
| 31 Dec 14 | 15 | 3 | 1 | 0 |
| 30 Sep 14 | 15 | 12 | 1 | 0 |
| 30 Jun 14 | 15 | 20 | 2 | 0 |
| 31 Mar 14 | 16 | 19 | 2 | 0 |
| 31 Dec 13 | 16 | 17 | 2 | 0 |
| 30 Sep 13 | 17 | 18 | 1 | 0 |
| 30 Jun 13 | 17 | 20 | 1 | 0 |
Quality Earnings: CIK has a large one-off gain of $13.0M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: CIK became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CIK has become profitable over the past 5 years, growing earnings by -7.5% per year.
Accelerating Growth: CIK has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: CIK 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: CIK's Return on Equity (16.7%) is considered low.