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Aberdeen Latin America Equity Fund (Aberdeen Latin America Equity Fund) Equity-to-Asset : 1.00 (As of Jun. 2017)


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What is Aberdeen Latin America Equity Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aberdeen Latin America Equity Fund's Total Stockholders Equity for the quarter that ended in Jun. 2017 was $194.91 Mil. Aberdeen Latin America Equity Fund's Total Assets for the quarter that ended in Jun. 2017 was $195.87 Mil. Therefore, Aberdeen Latin America Equity Fund's Equity to Asset Ratio for the quarter that ended in Jun. 2017 was 1.00.

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

LAQ' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.94   Med: 0.99   Max: 1
Current: 1

During the past 8 years, the highest Equity to Asset Ratio of Aberdeen Latin America Equity Fund was 1.00. The lowest was 0.94. And the median was 0.99.

LAQ's Equity-to-Asset is not ranked
in the Asset Management industry.
Industry Median: 0.83 vs LAQ: 1.00

Aberdeen Latin America Equity Fund Equity-to-Asset Historical Data

The historical data trend for Aberdeen Latin America Equity 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.

Aberdeen Latin America Equity Fund Equity-to-Asset Chart

Aberdeen Latin America Equity Fund Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Equity-to-Asset
Get a 7-Day Free Trial 0.94 0.95 0.97 0.98 0.97

Aberdeen Latin America Equity Fund Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
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 0.97 1.00 0.98 1.00 0.97

Competitive Comparison of Aberdeen Latin America Equity Fund's Equity-to-Asset

For the Asset Management subindustry, Aberdeen Latin America Equity 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.


Aberdeen Latin America Equity Fund's Equity-to-Asset Distribution in the Asset Management Industry

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

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



Aberdeen Latin America Equity 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.

Aberdeen Latin America Equity Fund's Equity to Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Equity to Asset (A: Dec. 2016 )=Total Stockholders Equity/Total Assets
=169.502/172.705
=0.98

Aberdeen Latin America Equity Fund's Equity to Asset Ratio for the quarter that ended in Jun. 2017 is calculated as

Equity to Asset (Q: Jun. 2017 )=Total Stockholders Equity/Total Assets
=194.908/195.87
=1.00

* 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.


Aberdeen Latin America Equity Fund  (AMEX:LAQ) 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%.


Aberdeen Latin America Equity Fund Equity-to-Asset Related Terms

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


Aberdeen Latin America Equity Fund (Aberdeen Latin America Equity Fund) Business Description

Traded in Other Exchanges
N/A
Address
1735 Market Street, 32nd Floor, Philadelphia, PA, USA, 19103
Aberdeen Latin America Equity Fund Inc is a closed-end investment company. Its investment objective is to seek long-term capital appreciation by investing in Latin American equity securities. The fund invests in various sectors, including financials, consumer staples, industrials, materials, consumer discretionary, energy, information technology, healthcare, utilities and private equity, short-term investments and other assets. It invests in various geographical locations, including Brazil, Mexico, Chile, Argentina, Colombia, the United States and Peru. Aberdeen Asset Managers Limited serves as the fund's investment adviser with respect to all investments. Aberdeen Asset Managers Limited is a direct wholly-owned subsidiary of Aberdeen Asset Management PLC.
Executives
Lawrence Joseph Fox director C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103
Enrique R Arzac director ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103
Steven N Rappaport director C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103
James Cattano director C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103
City Of London Investment Group Plc 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
City Of London Investment Management Co Ltd 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Lisa Bowley other: Director of Investment Adviser 1725 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Campbell Fleming other: Director of Investment Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Aron Mitchell other: Director of Investment Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Katherine Malcolm other: Director of Investment Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Stephen Docherty other: Director of Investment Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Mandy Pike other: Director of Investment Advisor 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Joseph Andolina officer: Vice President - Compliance 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Andrew Mccaffery director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Iain Plunkett director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103

Aberdeen Latin America Equity Fund (Aberdeen Latin America Equity Fund) Headlines