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Lazard Global Total Return & Fd (Lazard Global Total Return & Fd) Debt-to-Equity : 0.11 (As of Dec. 2023)


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What is Lazard Global Total Return & Fd Debt-to-Equity?

Lazard Global Total Return & Fd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Lazard Global Total Return & Fd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $24.68 Mil. Lazard Global Total Return & Fd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $233.31 Mil. Lazard Global Total Return & Fd's debt to equity for the quarter that ended in Dec. 2023 was 0.11.

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 Lazard Global Total Return & Fd's Debt-to-Equity or its related term are showing as below:

LGI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08   Med: 0.12   Max: 0.17
Current: 0.11

During the past 7 years, the highest Debt-to-Equity Ratio of Lazard Global Total Return & Fd was 0.17. The lowest was 0.08. And the median was 0.12.

LGI's Debt-to-Equity is ranked better than
66.7% of 1018 companies
in the Asset Management industry
Industry Median: 0.19 vs LGI: 0.11

Lazard Global Total Return & Fd Debt-to-Equity Historical Data

The historical data trend for Lazard Global Total Return & Fd'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.

Lazard Global Total Return & Fd Debt-to-Equity Chart

Lazard Global Total Return & Fd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.13 0.08 0.10 0.13 0.11

Lazard Global Total Return & Fd Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.13 0.13 0.12 0.11

Competitive Comparison of Lazard Global Total Return & Fd's Debt-to-Equity

For the Asset Management subindustry, Lazard Global Total Return & Fd'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.


Lazard Global Total Return & Fd's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Lazard Global Total Return & Fd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Lazard Global Total Return & Fd's Debt-to-Equity falls into.



Lazard Global Total Return & Fd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lazard Global Total Return & Fd's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Lazard Global Total Return & Fd's Debt to Equity Ratio for the quarter that ended in Dec. 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.


Lazard Global Total Return & Fd  (NYSE:LGI) 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.


Lazard Global Total Return & Fd Debt-to-Equity Related Terms

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


Lazard Global Total Return & Fd (Lazard Global Total Return & Fd) Business Description

Traded in Other Exchanges
N/A
Address
30 Rockefeller Plaza, 57th Floor, New York, NY, USA, 10112
Lazard Global Total Return & Inc Fd Inc is a United States-based diversified, closed-end management investment company. Its investment objective is total return consisting of capital appreciation and income. The fund's portfolio of investment consists of different sector investments such as consumer staples, financials, consumer discretionary, healthcare, materials, sovereign debt, and others.
Executives
Christopher Snively officer: Chief Financial Officer C/O LAZARD ASSET MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Evan L Russo director C/O LAZARD LTD, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Nargis Hilal officer: Chief Compliance Officer C/O LAZARD ASSET MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Andrew Lacey other: Deputy Chairman of LAM (1)
Christina M. Kennedy officer: Assistant Treasurer C/O LAZARD ASSET MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Jessica A Falzone officer: Assistant Secretary C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
William B Rosenberg other: See comment* C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Ronald Temple other: Portfolio manager of issuer C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Shari L. Soloway officer: Assistant Secretary C/O LAZARD ASSET MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Mark Richard Anderson officer: Chief Compliance Officer C/O LAZARD MANAGEMENT LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Franci J Blassberg director C/O DEBEVOISE & PLIMPTON LLP, 919 THIRD AVENUE, NEW YORK NY 10022
Tamar Goldstein officer: Interim CCO & Asst. Secy(1) 30 ROCKEFELLER PLAZA, NEW YORK NY 10112-6300
Trevor William Morrison director 40 WASHINGTON SQUARE SOUTH, 406D, NEW YORK NY 10012
Barnaby Wilson other: Portfolio manager of issuer C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Louis Florentin-lee other: Portfolio manager of issuer C/O LAZARD ASSET MANAGEMENT, 30 ROCKEFELLER PLAZA, NEW YORK NY 10112

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