John Hancock Preferredome Fund II (John Hancock Preferredome Fund II) Equity-to-Asset

: 0.62 (As of Jan. 2024)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. John Hancock Preferredome Fund II's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $338.29 Mil. John Hancock Preferredome Fund II's Total Assets for the quarter that ended in Jan. 2024 was $546.45 Mil. Therefore, John Hancock Preferredome Fund II's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.62.

The historical rank and industry rank for John Hancock Preferredome Fund II's Equity-to-Asset or its related term are showing as below:

HPF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61 Med: 0.65 Max: 0.68
Current: 0.62

During the past 7 years, the highest Equity to Asset Ratio of John Hancock Preferredome Fund II was 0.68. The lowest was 0.61. And the median was 0.65.

HPF's Equity-to-Asset is ranked worse than
72.71% of 1726 companies
in the Asset Management industry
Industry Median: 0.83 vs HPF: 0.62

John Hancock Preferredome Fund II Equity-to-Asset Historical Data

The historical data trend for John Hancock Preferredome Fund II'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.

John Hancock Preferredome Fund II Annual Data

Trend

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Equity-to-Asset

0.65

0.67

0.68

0.64

0.61

John Hancock Preferredome Fund II Semi-Annual Data
	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Equity-to-Asset										0.67	0.64	0.64	0.61	0.62

Competitive Comparison

For the Asset Management subindustry, John Hancock Preferredome Fund II'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.

John Hancock Preferredome Fund II Equity-to-Asset Distribution

For the Asset Management industry and Financial Services sector, John Hancock Preferredome Fund II's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where John Hancock Preferredome Fund II's Equity-to-Asset falls into.

John Hancock Preferredome Fund II 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.

John Hancock Preferredome Fund II's Equity to Asset Ratio for the fiscal year that ended in Jul. 2023 is calculated as

Equity to Asset (A: Jul. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	326.274	/	536.73
	=	0.61

John Hancock Preferredome Fund II's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	338.294	/	546.447
	=	0.62

John Hancock Preferredome Fund II (NYSE:HPF) 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%.

John Hancock Preferredome Fund II Equity-to-Asset Related Terms

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

John Hancock Preferredome Fund II (John Hancock Preferredome Fund II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » John Hancock Preferred Income Fund II (NYSE:HPF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Berkeley Street, Boston, MA, USA, 02116

Website

https://www.jhinvestments.com

John Hancock Preferred Income Fund II is the United States based closed-end, diversified management investment company. Its primary objective is to provide a high level of current income consistent with preservation of capital. The fund's secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective. The fund's principal investment strategies include to invests a majority of its assets in preferred stocks and other preferred securities, including convertible preferred securities. Its portfolio composition consists of U.S preferred securities, common stocks, foreign preferred securities, corporate bonds, capital preferred securities and short-term investments.

Executives

Dean Garfield	director	C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Noni L Ellison	director	TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Andy Mcfetridge	officer: Director of the Adviser	200 BERKELEY STREET, BOSTON MA 02116
Kristie Feinberg	officer: President & CEO of the Adviser	C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
York Lo	officer: Vice President, Investments	C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Kathryn Hayes	other: Filer and Employee of the Fund	C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Patricia Lizarraga	director	C/O JOHN, 200 BERKELEY STREET, BOSTON MA 02116
Paul Lorentz	director	C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Arthur Pigott	officer: VP of the Adviser	C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Glen J Gibbons	officer: VP of the Adviser	C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Frances G Rathke	other: Trustee of the Fund	C/O GREEN MOUNTAIN COFFEE ROASTERS, INC., 33 COFFEE LANE, WATERBURY VT 05676
Brian Macphee	officer: Vice President of the Adviser	C/O JOHN HANCOCK, 164 CORPORATE DRIVE, PORTSMOUTH NH 03801
Steven R Pruchansky	other: Trustee, the Fund	C/O JOHN HANCOCK, 601 CONGRESS STREET, BOSTON MA 02210
Sean Speer	officer: Vice President of the Adviser	C/O JOHN HANCOCK, 197 CLARENDON STREET, BOSTON MA 02116
Michael Tassinari	officer: Vice President of the Adviser	C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116