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Duff & Phelps Utility & Infrastructure Fund (Duff & Phelps Utility & Infrastructure Fund) Equity-to-Asset : 0.70 (As of Oct. 2023)


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What is Duff & Phelps Utility & Infrastructure Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Duff & Phelps Utility & Infrastructure Fund's Total Stockholders Equity for the quarter that ended in Oct. 2023 was $379.30 Mil. Duff & Phelps Utility & Infrastructure Fund's Total Assets for the quarter that ended in Oct. 2023 was $542.95 Mil. Therefore, Duff & Phelps Utility & Infrastructure Fund's Equity to Asset Ratio for the quarter that ended in Oct. 2023 was 0.70.

The historical rank and industry rank for Duff & Phelps Utility & Infrastructure Fund's Equity-to-Asset or its related term are showing as below:

DPG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.68   Med: 0.7   Max: 0.72
Current: 0.7

During the past 7 years, the highest Equity to Asset Ratio of Duff & Phelps Utility & Infrastructure Fund was 0.72. The lowest was 0.68. And the median was 0.70.

DPG's Equity-to-Asset is ranked worse than
63.25% of 1728 companies
in the Asset Management industry
Industry Median: 0.83 vs DPG: 0.70

Duff & Phelps Utility & Infrastructure Fund Equity-to-Asset Historical Data

The historical data trend for Duff & Phelps Utility & Infrastructure 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.

Duff & Phelps Utility & Infrastructure Fund Equity-to-Asset Chart

Duff & Phelps Utility & Infrastructure Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Equity-to-Asset
Get a 7-Day Free Trial 0.70 0.68 0.72 0.70 0.70

Duff & Phelps Utility & Infrastructure Fund Semi-Annual Data
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 0.72 0.71 0.70 0.72 0.70

Competitive Comparison of Duff & Phelps Utility & Infrastructure Fund's Equity-to-Asset

For the Asset Management subindustry, Duff & Phelps Utility & Infrastructure 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.


Duff & Phelps Utility & Infrastructure Fund's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Duff & Phelps Utility & Infrastructure Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Duff & Phelps Utility & Infrastructure Fund's Equity-to-Asset falls into.



Duff & Phelps Utility & Infrastructure 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.

Duff & Phelps Utility & Infrastructure 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
=379.303/542.953
=0.70

Duff & Phelps Utility & Infrastructure 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
=379.303/542.953
=0.70

* 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.


Duff & Phelps Utility & Infrastructure Fund  (NYSE:DPG) 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%.


Duff & Phelps Utility & Infrastructure Fund Equity-to-Asset Related Terms

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


Duff & Phelps Utility & Infrastructure Fund (Duff & Phelps Utility & Infrastructure Fund) Business Description

Traded in Other Exchanges
N/A
Address
200 South Wacker Drive, Suite 500, Chicago, IL, USA, 60606
Duff & Phelps Utility & Infrastructure Fund Inc. is an investment fund. Its investment objective is to seek total return, resulting primarily from a high level of current income, with an emphasis on providing tax-advantaged dividend income.
Executives
Grumhaus David D Jr. other: Officer of the Adviser 200 S. WACKER DRIVE, SUITE 500, CHICAGO IL 60606
Metlife Investment Management, Llc 10 percent owner ONE METLIFE WAY, WHIPPANY NJ 07981
Eric Elvekrog other: Officer of Adviser 200 S. WACKER DRIVE, SUITE 500, CHICAGO IL 60606
Mareile B. Cusack director DUFF & PHELPS INVESTMENT MANAGEMENT CO., 200 SOUTH WACKER DRIVE, SUITE 500, CHICAGO IL 60640
Kathleen Hegyi officer: CCO C/O DUFF & PHELPS INVESTMENT MANAGEMENT, 200 SOUTH WACKER DRIVE, CHICAGO IL 60606
Ellen Lyerly Elberfeld other: Officer of Investment Adviser DUFF & PHELPS INVESTMENT MANAGEMENT CO., 200 SOUTH WACKER DRIVE, SUITE 500, CHICAGO IL 60640
Nikita K Thaker officer: Vice President* C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Bradley William Patrick Iii other: Officer of Adviser C/O VIRTUS INVESTMENT PARTNERS, INC., 56 PROSPECT STREET, HARTFORD CT 06115
Jacqueline Porter officer: Vice President 100 PEARL STREET, HARTFORD CT 06103
Hoffman Clifford W. Jr. director C/O DUFF & PHELPS INVESTMENT MANAGEMENT, 200 E. WACKER DR., CHICAGO IL 60606
David J Vitale director C/O DNP SELECT INCOME FUND INC., 55 EAST MONROE ST, CHICAGO IL 60603
Christian H Poindexter director C/O BALTIMORE GAS AND ELECTRIC COMPANY, P.O. BOX 1475, BALTIMORE MD 21203
Deborah A Jansen officer: Chief Investment Officer 55 E MONROE ST 36TH FLOOR, CHICAGO IL 60603
Daniel Petrisko officer: Assistant Secretary 800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536
Metropolitan Life Insurance Co/ny 10 percent owner 200 PARK AVENUE, NEW YORK NY 10166