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Clough Global Equity Fund (Clough Global Equity Fund) Debt-to-Equity : 0.24 (As of Oct. 2023)


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What is Clough Global Equity Fund Debt-to-Equity?

Clough Global Equity Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $0.00 Mil. Clough Global Equity Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $29.00 Mil. Clough Global Equity Fund's Total Stockholders Equity for the quarter that ended in Oct. 2023 was $121.52 Mil. Clough Global Equity Fund's debt to equity for the quarter that ended in Oct. 2023 was 0.24.

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 Clough Global Equity Fund's Debt-to-Equity or its related term are showing as below:

GLQ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24   Med: 0.51   Max: 0.75
Current: 0.24

During the past 13 years, the highest Debt-to-Equity Ratio of Clough Global Equity Fund was 0.75. The lowest was 0.24. And the median was 0.51.

GLQ's Debt-to-Equity is ranked worse than
53.88% of 1019 companies
in the Asset Management industry
Industry Median: 0.19 vs GLQ: 0.24

Clough Global Equity Fund Debt-to-Equity Historical Data

The historical data trend for Clough Global Equity 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.

Clough Global Equity Fund Debt-to-Equity Chart

Clough Global Equity Fund Annual Data
Trend Mar14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.54 0.49 0.75 0.24

Clough Global Equity Fund Semi-Annual Data
Mar14 Sep14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.74 0.75 0.45 0.24

Competitive Comparison of Clough Global Equity Fund's Debt-to-Equity

For the Asset Management subindustry, Clough Global Equity 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.


Clough Global Equity Fund's Debt-to-Equity Distribution in the Asset Management Industry

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

* The bar in red indicates where Clough Global Equity Fund's Debt-to-Equity falls into.



Clough Global Equity Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Clough Global Equity Fund's Debt to Equity Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Clough Global Equity Fund's Debt to Equity Ratio for the quarter that ended in Oct. 2023 is calculated as

* 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.


Clough Global Equity Fund  (AMEX:GLQ) 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.


Clough Global Equity Fund Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Clough Global Equity Fund's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Clough Global Equity Fund (Clough Global Equity Fund) Business Description

Traded in Other Exchanges
N/A
Address
1290 Broadway, Suite 1000, Denver, CO, USA, 80203
Clough Global Equity Fund is a closed-end management investment company. Its investment objective is to provide a high level of total return. The Fund invests in the equity, equity-related securities, and fixed-income securities in both U.S. and non-U.S. markets.
Executives
Charles Jr Clough other: person affiliated w/ Inv. Adv. 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Christopher Moore officer: Secretary 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jill Kerschen officer: Treasurer 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Clough Capital Partners, L.p. other: Investment Advisor of Fund 53 STATE STREET, 27TH FLOOR, SUITE 2702, BOSTON MA 02109
Lainey Ejiasa officer: President 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Dylan Riter Mikel other: Assistant Treasurer 2921 SOUTH COORS DRIVE, LAKEWOOD CO 80228
Adams Nicholas other: Secretary 1055 BROADWAY, 3RD FL, KANSAS CITY MT 64105
Ryan Johanson officer: Treasurer 1290 BROADWAY SUITE 1000, DENVER CO 80203
Alex James Marks officer: Assistant Secretary 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Erich Rettinger officer: Treasurer 1290 BROADWAY SUITE 1100, DENVER CO 80203
Michael Jason Hearle other: Person affiliated with Inv Adv 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Kevin Joseph Mcnally officer: Trustee 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Kelly Mcewen officer: Treasurer 5050 S. SYRACUSE ST., SUITE 1100, DENVER CO 80237
Karen Ann Digravio other: Trustee 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jerry G Rutledge director 2745 SPRINGMEDE COURT, COLORADO SPRINGS CO 80906

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