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Latin American Discovery Fund (Latin American Discovery Fund) Equity-to-Asset : 0.99 (As of Jun. 2018)


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What is Latin American Discovery Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Latin American Discovery Fund's Total Stockholders Equity for the quarter that ended in Jun. 2018 was $71.71 Mil. Latin American Discovery Fund's Total Assets for the quarter that ended in Jun. 2018 was $72.22 Mil. Therefore, Latin American Discovery Fund's Equity to Asset Ratio for the quarter that ended in Jun. 2018 was 0.99.

The historical rank and industry rank for Latin American Discovery Fund's Equity-to-Asset or its related term are showing as below:

LDF's Equity-to-Asset is not ranked *
in the Asset Management industry.
Industry Median: 0.83
* Ranked among companies with meaningful Equity-to-Asset only.

Latin American Discovery Fund Equity-to-Asset Historical Data

The historical data trend for Latin American Discovery Fund's Equity-to-Asset 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.

Latin American Discovery Fund Equity-to-Asset Chart

Latin American Discovery Fund Annual Data
Trend Dec17
Equity-to-Asset
1.00

Latin American Discovery Fund Semi-Annual Data
Dec17 Jun18
Equity-to-Asset 1.00 0.99

Competitive Comparison of Latin American Discovery Fund's Equity-to-Asset

For the Asset Management subindustry, Latin American Discovery Fund's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Latin American Discovery Fund's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Latin American Discovery Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Latin American Discovery Fund's Equity-to-Asset falls into.



Latin American Discovery Fund Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Latin American Discovery Fund's Equity to Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Equity to Asset (A: Dec. 2017 )=Total Stockholders Equity/Total Assets
=86.601/86.928
=1.00

Latin American Discovery Fund's Equity to Asset Ratio for the quarter that ended in Jun. 2018 is calculated as

Equity to Asset (Q: Jun. 2018 )=Total Stockholders Equity/Total Assets
=71.714/72.218
=0.99

* 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.


Latin American Discovery Fund  (NYSE:LDF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Latin American Discovery Fund Equity-to-Asset Related Terms

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


Latin American Discovery Fund (Latin American Discovery Fund) Business Description

Traded in Other Exchanges
N/A
Address
Latin American Discovery Fund Inc is a non-diversified, closed-end management investment company. Its investment objective is long-term capital appreciation through investments in equity and debt securities issued or guaranteed governmental entity.
Executives
City Of London Investment Group Plc 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Eric J Carlson officer: Portfolio Manager MORGAN STANLEY INVESTMENT MANAGEMENT, 522 5TH AVENUE, FLOOR 20, NEW YORK NY 10036
Paul C Psaila officer: Portfolio Manager MORGAN STANLEY INVESTMENT MANAGEMENT, 522 5TH AVENUE, FLOOR 20, NEW YORK NY 10036
City Of London Investment Management Co Ltd 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Patricia A Maleski director C/O J P MORGAN INVESTMENT MANAGEMENT INC, 522 FIFTH AVENUE, NEW YORK NY 10036
Timothy J Knierim officer: CCO 100 MULBERRY STREET, NEWARK NJ 07102
Nancy Everett director 1812 PARK AVE, RICHMOND VA 23220
Jakki L. Haussler director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Joseph C Benedetti officer: Vice President C/O INVESCO, 225 LIBERTY STREET, NEW YORK NY 10281
John H Gernon officer: Principle Executive Officer 522 5TH AVENUE, NEW YORK NY 10036
Arthur Jason Lev officer: President and PEO 522 5TH AVENUE, NEW YORK NY 10036
Gaite Ali other: Portfolio Manager 522 5TH AVENUE, NEW YORK NY 10036
Sara Furber officer: President and PEO MORGAN STANLEY INVESTMENT MANAGEMENT, 522 FIFTH AVE, NEW YORK NY 10036
Mary Ann Picciotto officer: CCO of the Advisor LORD, ABBETT & CO. LLC, 90 HUDSON STREET, JERSEY CITY NJ 07302
Frank J Smith officer: PFO & Treasurer C/O MORGAN STANLEY INVESTMENT MAN, 1221 AVENUE OF THE AVENUE 22ND FL, NEW YORK NY 10020

Latin American Discovery Fund (Latin American Discovery Fund) Headlines

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