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abrdn Globalome Fund (abrdn Globalome Fund) Equity-to-Asset

: 0.71 (As of Oct. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. abrdn Globalome Fund's Total Stockholders Equity for the quarter that ended in Oct. 2023 was $50.13 Mil. abrdn Globalome Fund's Total Assets for the quarter that ended in Oct. 2023 was $71.07 Mil. Therefore, abrdn Globalome Fund's Equity to Asset Ratio for the quarter that ended in Oct. 2023 was 0.71.

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

FCO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.66   Med: 0.7   Max: 0.72
Current: 0.71

During the past 13 years, the highest Equity to Asset Ratio of abrdn Globalome Fund was 0.72. The lowest was 0.66. And the median was 0.70.

FCO's Equity-to-Asset is ranked worse than
61.73% of 1727 companies
in the Asset Management industry
Industry Median: 0.83 vs FCO: 0.71

abrdn Globalome Fund Equity-to-Asset Historical Data

The historical data trend for abrdn Globalome 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.

abrdn Globalome Fund Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.70 0.71 0.70 0.71

abrdn Globalome Fund Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.71 0.69 0.70 0.74 0.71

Competitive Comparison

For the Asset Management subindustry, abrdn Globalome 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.


abrdn Globalome Fund Equity-to-Asset Distribution

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

* The bar in red indicates where abrdn Globalome Fund's Equity-to-Asset falls into.



abrdn Globalome 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.

abrdn Globalome Fund's Equity to Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Equity to Asset (A: Oct. 2023 )=Total Stockholders Equity/Total Assets
=50.128/71.066
=0.71

abrdn Globalome Fund's Equity to Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

Equity to Asset (Q: Oct. 2023 )=Total Stockholders Equity/Total Assets
=50.128/71.066
=0.71

* 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.


abrdn Globalome Fund  (AMEX:FCO) 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%.


abrdn Globalome Fund Equity-to-Asset Related Terms

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


abrdn Globalome Fund (abrdn Globalome Fund) Business Description

Traded in Other Exchanges
N/A
Address
1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103
abrdn Global Income Fund Inc is a closed-end, non-diversified management investment company. The Fund's principal investment objective is to provide high current income by investing predominantly in fixed-income securities. As a secondary investment objective, the Fund seeks capital appreciation, but only when consistent with its principal investment objective. It invests in Government Bonds & Corporate Bonds, and its investments are divided into three categories, Developed Markets, Investment Grade Developing Markets, and Sub-Investment Grade Developing Markets.
Executives
Peter Branner other: Director of Sub-Adviser C/O ABRDN, 1900 MARKET STREET, PHILADELPHIA PA 19103
Xavier Meyer other: Director of Sub-Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katie Lynn Gebauer officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katherine A. Corey officer: Vice President 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Ai Hua Aik other: Director of Investment Manager 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Moritz A Sell director C/O USBANCORP FUND SERVICES, 777 E WISCONSIN AVE., MILWAUKEE WI 53202
Grant Thomas Hotson other: Director of Sub-Adviser 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Heather Hasson officer: Vice President C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Brian Kordeck officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Michael Marsico officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Robert W. Hepp officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Andrew Wonil Kim officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Radhika Ajmera director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Neil Andrew Slater other: Director of Sub-Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Stephen Bird director 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10022