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Delaware Investments Natl Muniome (Delaware Investments Natl Muniome) Equity-to-Asset : 0.56 (As of Sep. 2023)


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What is Delaware Investments Natl Muniome Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Delaware Investments Natl Muniome's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $126.01 Mil. Delaware Investments Natl Muniome's Total Assets for the quarter that ended in Sep. 2023 was $225.61 Mil. Therefore, Delaware Investments Natl Muniome's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.56.

The historical rank and industry rank for Delaware Investments Natl Muniome's Equity-to-Asset or its related term are showing as below:

VFL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.56   Med: 0.68   Max: 0.7
Current: 0.56

During the past 13 years, the highest Equity to Asset Ratio of Delaware Investments Natl Muniome was 0.70. The lowest was 0.56. And the median was 0.68.

VFL's Equity-to-Asset is ranked worse than
79.4% of 1728 companies
in the Asset Management industry
Industry Median: 0.83 vs VFL: 0.56

Delaware Investments Natl Muniome Equity-to-Asset Historical Data

The historical data trend for Delaware Investments Natl Muniome'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.

Delaware Investments Natl Muniome Equity-to-Asset Chart

Delaware Investments Natl Muniome Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.67 0.69 0.63 0.57

Delaware Investments Natl Muniome Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.69 0.63 0.63 0.57 0.56

Competitive Comparison of Delaware Investments Natl Muniome's Equity-to-Asset

For the Asset Management subindustry, Delaware Investments Natl Muniome'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.


Delaware Investments Natl Muniome's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Delaware Investments Natl Muniome's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Delaware Investments Natl Muniome's Equity-to-Asset falls into.



Delaware Investments Natl Muniome 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.

Delaware Investments Natl Muniome's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=144.7/252.792
=0.57

Delaware Investments Natl Muniome's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=126.01/225.608
=0.56

* 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.


Delaware Investments Natl Muniome  (AMEX:VFL) 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%.


Delaware Investments Natl Muniome Equity-to-Asset Related Terms

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


Delaware Investments Natl Muniome (Delaware Investments Natl Muniome) Business Description

Traded in Other Exchanges
N/A
Address
1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103
Delaware Investments Natl Muni Income is a closed-end investment fund. The Fund seeks to provide current income exempt from regular federal income tax consistent with the preservation of capital. The company's product portfolio includes Mutual funds, Exchange-traded funds, Private markets, Delaware Funds by Macquarie Premier Models, Managed accounts, Closed-end funds, and Variable Insurance Products.
Executives
Bill Maher director 600 WEST BROADWAY, 30TH FL., SAN DIEGO CA 92101
Todd Reit director C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Stephen Bird director 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10022
Jonathan Mondillo officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Jaclyn Marie Matsick other: Director of 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
Marika Tooze other: Director of Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
James Joseph O'connor other: Director of Adviser C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Andrew Wonil Kim 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
Michael Marsico officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Brian Kordeck officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Aberdeen Standard Investments Inc. other: Adviser 1900 MARKET ST., 2ND FLOOR, PHILADELPHIA PA 19103
Nancy Yao Maasbach director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103