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Mexico Equity andome Fund (Mexico Equity andome Fund) Debt-to-Equity : 0.00 (As of Jan. 2024)


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What is Mexico Equity andome Fund Debt-to-Equity?

Mexico Equity andome Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil. Mexico Equity andome Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil. Mexico Equity andome Fund's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $66.21 Mil. Mexico Equity andome Fund's debt to equity for the quarter that ended in Jan. 2024 was 0.00.

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

MXE's Debt-to-Equity is not ranked *
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Mexico Equity andome Fund Debt-to-Equity Historical Data

The historical data trend for Mexico Equity andome 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.

Mexico Equity andome Fund Debt-to-Equity Chart

Mexico Equity andome Fund Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Debt-to-Equity
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Mexico Equity andome Fund Semi-Annual Data
Jul16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jan24
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Competitive Comparison of Mexico Equity andome Fund's Debt-to-Equity

For the Asset Management subindustry, Mexico Equity andome 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.


Mexico Equity andome Fund's Debt-to-Equity Distribution in the Asset Management Industry

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

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



Mexico Equity andome Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mexico Equity andome Fund's Debt to Equity Ratio for the fiscal year that ended in Jul. 2022 is calculated as

Mexico Equity andome Fund's Debt to Equity Ratio for the quarter that ended in Jan. 2024 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.


Mexico Equity andome Fund  (NYSE:MXE) 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.


Mexico Equity andome Fund Debt-to-Equity Related Terms

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


Mexico Equity andome Fund (Mexico Equity andome Fund) Business Description

Traded in Other Exchanges
N/A
Address
615 East Michigan Street, Milwaukee, WI, USA, 53202
Mexico Equity and Income Fund Inc is a closed-end, non-diversified management investment company. It maintains an investment objective of long-term capital appreciation through investments in securities, primarily equity, listed on the Mexican Stock Exchange. The company provides a vehicle to investors who wish to invest in Mexican companies through a managed non-diversified portfolio as part of their overall investment program.
Executives
Rajeev P Das director 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Richard Leo Abraham director 143 COLFAX ROAD, HAVERTOWN PA 19083
Stephanie Darling officer: Chief Compliance Officer 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
City Of London Investment Group Plc 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Phillip Goldstein director 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
City Of London Investment Management Co Ltd 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Andrew Dakos director 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Glenn Goodstein director C/O THE MEXICO EQUITY AND INCOME FUND, 615 EAST MICHIGAN STREET, 2ND FLOOR, MILWAUKEE WI 53202
Maria Eugenia Pichardo director, officer: President C/O PICHARDO ASSET MANAGEMENT, PASEO DE TAMARINDOS 45-201, BOSQUES DE LAS LOMAS O5 DF 05120
Bank Ag\ Deutsche 10 percent owner TAUNUSANLAGE 12 D-60325, FRANKFURT AM MAIN 2M 00000

Mexico Equity andome Fund (Mexico Equity andome Fund) Headlines

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