GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Madison Covrd Call & Eqt Strtg Fd (NYSE:MCN) » Definitions » Equity-to-Asset

Madison Covrd Call & Eqt Strtg Fd (Madison Covrd Call & Eqt Strtg Fd) Equity-to-Asset : 0.95 (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Madison Covrd Call & Eqt Strtg Fd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Madison Covrd Call & Eqt Strtg Fd's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $148.63 Mil. Madison Covrd Call & Eqt Strtg Fd's Total Assets for the quarter that ended in Dec. 2023 was $156.06 Mil. Therefore, Madison Covrd Call & Eqt Strtg Fd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.95.

The historical rank and industry rank for Madison Covrd Call & Eqt Strtg Fd's Equity-to-Asset or its related term are showing as below:

MCN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.92   Med: 0.96   Max: 0.99
Current: 0.95

During the past 7 years, the highest Equity to Asset Ratio of Madison Covrd Call & Eqt Strtg Fd was 0.99. The lowest was 0.92. And the median was 0.96.

MCN's Equity-to-Asset is ranked better than
71.72% of 1729 companies
in the Asset Management industry
Industry Median: 0.83 vs MCN: 0.95

Madison Covrd Call & Eqt Strtg Fd Equity-to-Asset Historical Data

The historical data trend for Madison Covrd Call & Eqt Strtg Fd'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.

Madison Covrd Call & Eqt Strtg Fd Equity-to-Asset Chart

Madison Covrd Call & Eqt Strtg Fd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.92 0.96 0.98 0.99 0.95

Madison Covrd Call & Eqt Strtg Fd Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.98 0.99 0.99 0.97 0.95

Competitive Comparison of Madison Covrd Call & Eqt Strtg Fd's Equity-to-Asset

For the Asset Management subindustry, Madison Covrd Call & Eqt Strtg Fd'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.


Madison Covrd Call & Eqt Strtg Fd's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Madison Covrd Call & Eqt Strtg Fd's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Madison Covrd Call & Eqt Strtg Fd's Equity-to-Asset falls into.



Madison Covrd Call & Eqt Strtg Fd 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.

Madison Covrd Call & Eqt Strtg Fd's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=148.631/156.058
=0.95

Madison Covrd Call & Eqt Strtg Fd's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=148.631/156.058
=0.95

* 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.


Madison Covrd Call & Eqt Strtg Fd  (NYSE:MCN) 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%.


Madison Covrd Call & Eqt Strtg Fd Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Madison Covrd Call & Eqt Strtg Fd's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Madison Covrd Call & Eqt Strtg Fd (Madison Covrd Call & Eqt Strtg Fd) Business Description

Traded in Other Exchanges
N/A
Address
550 Science Drive, Madison, WI, USA, 53711
Madison Covrd Call & Eqt Strtg Fd is a diversified, closed-end management investment company. The primary objective is to provide a high level of current income and current gains. Its secondary objective is to achieve long-term capital appreciation. The fund seeks to achieve its objectives by investing primarily in large and mid-capitalization common stocks. Its portfolio of investments consists of different sectors investment such as consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, real estate, utilities, exchange-traded funds, U.S. government and agency obligations, and money market funds.
Executives
Jill M Friedow director 550 SCIENCE DR, MADISON WI 53711
Imhoff James R Jr other: Former Director 550 SCIENCE DRIVE, MADISON WI 53711
Scott C Jones director C/O XA INVESTMENTS, 1290 BROADWAY STE 1100, DENVER CO 80203
Patrick F Ryan officer: President MADISON ASSET MANAGEMENT, LLC, 550 SCIENCE DRIVE, MADISON WI 53711
Steven J Fredricks officer: CCO MADISON ASSET MANAGEMENT, LLC, 550 SCIENCE DRIVE, MADISON WI 53711
Richard E Struthers director 2340 WEST COUNTY ROAD C, SAINT PAUL MN 55113-2528
Kevin S Thompson officer: Chief Legal Officer MADISON ASSET MANAGEMENT, LLC, 550 SCIENCE DRIVE, MADISON WI 53711
George W Karpus 10 percent owner
Karpus Management, Inc. 10 percent owner 183 SULLY'S TRAIL, PITTSFORD NY 14534
Steven Paul Riege director 11613 N LAFAYETTE PLACE, MEQUON WI 53092
Lisa R Lange officer: CCO MADISON ASSET MANAGEMENT, LLC, 550 SCIENCE DRIVE, MADISON WI 53711
Pamela Marie Krill officer: CLO and General Counsel 550 SCIENCE DRIVE, MADISON WI 53562
Holly S Baggot officer: Secretary and Asst Treasurer 550 SCIENCE DRIVE, MADISON WI 53711
Paul Anthony Lefurgey officer: Vice President 1817 AUTUMN HILL DRIVE, VERONA WI 53593
Wayne Richard Mason officer: CCO 2002 E PALMAIRE AVE, PHOENIX AZ 85020

Madison Covrd Call & Eqt Strtg Fd (Madison Covrd Call & Eqt Strtg Fd) Headlines