Aberdeen Total Dynamic Dividend Fund (Aberdeen Total Dynamic Dividend Fund) Debt-to-Equity : 0.05 (As of Oct. 2023)

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What is Aberdeen Total Dynamic Dividend Fund Debt-to-Equity?

Aberdeen Total Dynamic Dividend Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $0.00 Mil. Aberdeen Total Dynamic Dividend Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $49.05 Mil. Aberdeen Total Dynamic Dividend Fund's Total Stockholders Equity for the quarter that ended in Oct. 2023 was $900.26 Mil. Aberdeen Total Dynamic Dividend Fund's debt to equity for the quarter that ended in Oct. 2023 was 0.05.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Aberdeen Total Dynamic Dividend Fund's Debt-to-Equity or its related term are showing as below:

AOD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.05
Current: 0.05

During the past 7 years, the highest Debt-to-Equity Ratio of Aberdeen Total Dynamic Dividend Fund was 0.05. The lowest was 0.00. And the median was 0.02.

AOD's Debt-to-Equity is ranked better than
84.04% of 1015 companies
in the Asset Management industry
Industry Median: 0.19 vs AOD: 0.05

Aberdeen Total Dynamic Dividend Fund Debt-to-Equity Historical Data

The historical data trend for Aberdeen Total Dynamic Dividend Fund's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Aberdeen Total Dynamic Dividend Fund Debt-to-Equity Chart

Aberdeen Total Dynamic Dividend Fund Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-Equity

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0.01

0.05

Aberdeen Total Dynamic Dividend Fund Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-Equity	Get a 7-Day Free Trial								-	0.04	0.01	0.05	0.05

Competitive Comparison of Aberdeen Total Dynamic Dividend Fund's Debt-to-Equity

For the Asset Management subindustry, Aberdeen Total Dynamic Dividend Fund's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Aberdeen Total Dynamic Dividend Fund's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Aberdeen Total Dynamic Dividend Fund's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Aberdeen Total Dynamic Dividend Fund's Debt-to-Equity falls into.

Aberdeen Total Dynamic Dividend Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Aberdeen Total Dynamic Dividend Fund's Debt to Equity Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	49.052)	/	900.264
	=	0.05

Aberdeen Total Dynamic Dividend Fund's Debt to Equity Ratio for the quarter that ended in Oct. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	49.052)	/	900.264
	=	0.05

Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Aberdeen Total Dynamic Dividend Fund Debt-to-Equity Related Terms

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Aberdeen Total Dynamic Dividend Fund (Aberdeen Total Dynamic Dividend Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Aberdeen Total Dynamic Dividend Fund (NYSE:AOD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103

Website

https://www.aberdeenaod.com

Aberdeen Total Dynamic Dividend Fund is a diversified, closed-end management investment company. Its investment objective is to seek high current dividend income. The company also focuses on the long-term growth of capital as a secondary investment objective. It predominantly invests in foreign securities, including direct investments in securities of foreign issuers and investments in depositary receipts that represent indirect interests in securities of foreign issuers. Its portfolio consists of securities from Information Technology, Financial, Healthcare, Industrials among other sectors.

Executives

Peter Branner	other: Other - Director of Adviser	C/O ABRDN, 1900 MARKET STREET, PHILADELPHIA PA 19103
Todd Reit	director	C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Xavier Meyer	other: Director of Adviser	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katie Lynn Gebauer	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katherine A. Corey	officer: Vice President	1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Grant Thomas Hotson	other: Director of Adviser	1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Heather Hasson	officer: Vice President	C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Brian Kordeck	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Michael Marsico	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Robert W. Hepp	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Andrew Wonil Kim	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Neil Andrew Slater	other: Director of Adviser	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Stephen Bird	director	388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10022
Michael Mark Redman	other: Director of Adviser	C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Archie Struthers	other: Director of Adviser	C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103