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Kayne Anderson Energy Development Co (NYSE:KED)
Equity-to-Asset
0.63 (As of Aug. 2015)

Equity to Asset ratio is calculated as shareholders tangible equity divided by its total asset. Kayne Anderson Energy Development Co's total equity for the quarter that ended in Aug. 2015 was \$247.50 Mil. Kayne Anderson Energy Development Co's total assets for the quarter that ended in Aug. 2015 was \$392.95 Mil. Therefore, Kayne Anderson Energy Development Co's Equity to Asset Ratio for the quarter that ended in Aug. 2015 was 0.63.

Definition

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 shareholders tangible equity divided by its total asset.

Kayne Anderson Energy Development Co's Equity to Asset Ratio for the fiscal year that ended in Nov. 2014 is calculated as

 Equity to Asset (A: Nov. 2014 ) = Total Equity / Total Assets = 348.496 / 551.313 = 0.63

Kayne Anderson Energy Development Co's Equity to Asset Ratio for the quarter that ended in Aug. 2015 is calculated as

 Equity to Asset (Q: Aug. 2015 ) = Total Equity / Total Assets = 247.504 / 392.946 = 0.63

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

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 Return on Equity 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%.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Kayne Anderson Energy Development Co Annual Data

 Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 equity2asset 0.00 0.00 0.69 0.73 0.75 0.75 0.72 0.71 0.66 0.63

Kayne Anderson Energy Development Co Quarterly Data

 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 equity2asset 0.71 0.67 0.66 0.66 0.63 0.63 0.63 0.67 0.65 0.63
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