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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Flaherty & Crumrine Prefd Fund's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $140.81 Mil. Flaherty & Crumrine Prefd Fund's Total Assets for the quarter that ended in Nov. 2023 was $232.66 Mil. Therefore, Flaherty & Crumrine Prefd Fund's Equity to Asset Ratio for the quarter that ended in Nov. 2023 was 0.61.
The historical rank and industry rank for Flaherty & Crumrine Prefd Fund's Equity-to-Asset or its related term are showing as below:
During the past 7 years, the highest Equity to Asset Ratio of Flaherty & Crumrine Prefd Fund was 0.67. The lowest was 0.61. And the median was 0.66.
The historical data trend for Flaherty & Crumrine Prefd 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.
Flaherty & Crumrine Prefd Fund Annual Data | ||||||||||||||||
Trend | Nov17 | Nov18 | Nov19 | Nov20 | Nov21 | Nov22 | Nov23 | |||||||||
Equity-to-Asset | Get a 7-Day Free Trial | 0.67 | 0.67 | 0.66 | 0.62 | 0.61 |
Flaherty & Crumrine Prefd Fund Semi-Annual Data | |||||||||||||
Nov17 | May18 | Nov18 | May19 | Nov19 | May20 | Nov20 | May21 | Nov21 | May22 | Nov22 | May23 | Nov23 | |
Equity-to-Asset | Get a 7-Day Free Trial | 0.66 | 0.63 | 0.62 | 0.60 | 0.61 |
For the Asset Management subindustry, Flaherty & Crumrine Prefd 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.
For the Asset Management industry and Financial Services sector, Flaherty & Crumrine Prefd Fund's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Flaherty & Crumrine Prefd Fund's Equity-to-Asset falls into.
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.
Flaherty & Crumrine Prefd Fund's Equity to Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as
Equity to Asset (A: Nov. 2023 ) | = | Total Stockholders Equity | / | Total Assets |
= | 140.812 | / | 232.657 | |
= | 0.61 |
Flaherty & Crumrine Prefd Fund's Equity to Asset Ratio for the quarter that ended in Nov. 2023 is calculated as
Equity to Asset (Q: Nov. 2023 ) | = | Total Stockholders Equity | / | Total Assets |
= | 140.812 | / | 232.657 | |
= | 0.61 |
* 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.
Flaherty & Crumrine Prefd Fund (NYSE:PFD) 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%.
Thank you for viewing the detailed overview of Flaherty & Crumrine Prefd Fund's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Robert F Wulf | director | 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101 |
Karen Hanovice Hogan | director | 301 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101 |
Chad Conwell | officer: VP & Asst. Compliance Officer | 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101 |
Robert M Ettinger | officer: President | 301 E COLORADO BLVD STE 720, PASADENA CA 91101 |
Donald F Crumrine | director, officer: Chairman of the Board | 301 E COLORADO BLVD STE 720, PASADENA CA 91101 |
Robert E Chadwick | officer: CFO, VP, Secretary, Treasurer | 301 E COLORADO BLVD STE 720, PASADENA CA 91101 |
Christopher Douglas Ryan | officer: Vice President | 310 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101 |
Martin Brody | director | C/O HMK ASSOCIATES, 30 COLUMBIA TURNPIKE, FLORHAM PARK NJ 07932 |
Laurie C Lodolo | officer: Asst CCO, Asst Treas, Asst Sec | 301 E. COLORADO BOULEVARD, SUITE 720, PASADENA CA 91101 |
David Gale | director | 220 MONTGOMERY STREET, SUITE 426, SAN FRANCISCO CA 94104 |
Bradford S Stone | officer: Vice President, Asst Treasurer | 47 MAPLE ST. SUITE 403, SUMMIT NJ 07901 |
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