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BNY Mellon Municipal Income, Inc. General and Administrative Expenses | DMF

General and Administrative Expenses — these are a part of a company's operating expenses that are not directly related to the production of goods or the provision of services but are necessary for the overall functioning of the business.
What these expenses include
  • Salaries of administrative staff (executives, HR, accountants, legal personnel)
  • Office rent and utilities
  • Office equipment and IT infrastructure
  • Professional services (auditors, lawyers, consultants)
  • Insurance
  • General administrative travel and representation expenses
What the metric indicates
  • Cost control
    A high level of such expenses may indicate inefficient management or an overly complex structure
  • Profitability
    Reducing administrative expenses while maintaining stable revenue increases operating profit
  • Comparative analysis
    Investors can compare this metric as a percentage of revenue among companies in the same industry
  • Business flexibility
    Companies with a flexible and controlled expense structure are more resilient to revenue declines

Annual General and Administrative Expenses BNY Mellon Municipal Income, Inc.

2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
337 K 311 K 549 K 429 K 506 K 398 K 412 K 424 K 441 K 415 K

All numbers in USD currency

Indicator range from annual reports

Maximum Minimum Average
549 K 311 K 422 K

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