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Dividend andome Fund (Dividend andome Fund) Debt-to-Equity : 0.10 (As of Dec. 2023)


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What is Dividend andome Fund Debt-to-Equity?

Dividend andome Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Dividend andome Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $24.66 Mil. Dividend andome Fund's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $242.09 Mil. Dividend andome Fund's debt to equity for the quarter that ended in Dec. 2023 was 0.10.

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

BXSY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.18   Max: 0.2
Current: 0.1

During the past 8 years, the highest Debt-to-Equity Ratio of Dividend andome Fund was 0.20. The lowest was 0.05. And the median was 0.18.

BXSY's Debt-to-Equity is ranked better than
68.61% of 1013 companies
in the Asset Management industry
Industry Median: 0.2 vs BXSY: 0.10

Dividend andome Fund Debt-to-Equity Historical Data

The historical data trend for Dividend 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.

Dividend andome Fund Debt-to-Equity Chart

Dividend andome Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.18 0.05 0.20 0.18 0.10

Dividend andome Fund Semi-Annual Data
Dec16 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 Premium Member Only 0.20 0.18 0.18 0.10 0.10

Competitive Comparison of Dividend andome Fund's Debt-to-Equity

For the Asset Management subindustry, Dividend 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.


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

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

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



Dividend andome Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Dividend andome Fund's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend andome Fund'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.


Dividend andome Fund  (OTCPK:BXSY) 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.


Dividend andome Fund Debt-to-Equity Related Terms

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


Dividend andome Fund (Dividend andome Fund) Business Description

Traded in Other Exchanges
N/A
Address
3814 Route 44, Millbrook, New York, NY, USA, 12545
Dividend and Income Fund is a closed-ended management investment company. The fund's investment objective is to seek high current income with a secondary objective of capital appreciation. The fund seeks to invest in stocks of companies operating across diversified sectors. It mainly invests in dividend-paying stocks of companies across all capitalizations. The Fund seeks to achieve its objectives by investing, under normal circumstances, in income-generating equity securities, including dividend-paying common stocks, convertible securities, preferred stocks, securities of registered investment companies, exchange-traded funds organized as investment companies or otherwise, real estate investment trusts, depositary receipts, and other equity-related securities.
Executives
Thomas Bassett Winmill director, officer: President P.O. BOX 4, WALPOLE NH 03608
Peter K Werner director 2255 BUFFALO ROAD, ROCHESTER NY 14624
Bexil Corp other: See "Explanation of Responses" 2255 BUFFALO ROAD, ROCHESTER NY 14624
Roger A. Atkinson director 9202 NW 28TH COURT, VANCOUVER WA 98665
Bexil Advisers Llc other: See "Explanation of Responses" 2255 BUFFALO ROAD, ROCHESTER NY 14624
Bexil Securities Llc other: See "Explanation of Responses" 3814 ROUTE 44, MILLBROOK NY 12545
Donald Ii Klimoski officer: Assistant General Counsel 3814 ROUTE 44, MILLBROOK NY 12545
William Mccollum Winmill officer: VP and Co-Portfolio Manager 11 HANOVER SQUARE, 12TH FLOOR, NEW YORK NY 10005
Jon Tomasson director 11 HANOVER SQUARE, 12TH FLOOR, NEW YORK NY 10005
Russell Kamerman officer: Chief Compliance Officer 3814 ROUTE 44, MILLBROOK NY 12545
Hwang Eric Paul C. other: See "Explanation of Responses" 11 HANOVER SQUARE, NEW YORK NY 10005
Castle Mortgage Corp other: See "Explanation of Responses" 701 MONTGOMERY HWY SOUTH, STE. 203, VESTAVIA HILLS AL 35216
Jacob Bukhsbaum officer: Chief Compliance Officer, other: See "Explanation of Responses" 11 HANOVER SQUARE, NEW YORK NY 10005
Bexil American Mortgage Inc. other: See "Explanation of Responses" 11 HANOVER SQUARE, NEW YORK NY 10005
Midas Management Corp other: See "Explanation of Responses" 11 HANOVER SQUARE, NEW YORK NY 10005