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DWS Municipalome Trust (DWS Municipalome Trust) Equity-to-Asset : 0.65 (As of Nov. 2023)


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What is DWS Municipalome Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. DWS Municipalome Trust's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $393.84 Mil. DWS Municipalome Trust's Total Assets for the quarter that ended in Nov. 2023 was $604.68 Mil. Therefore, DWS Municipalome Trust's Equity to Asset Ratio for the quarter that ended in Nov. 2023 was 0.65.

The historical rank and industry rank for DWS Municipalome Trust's Equity-to-Asset or its related term are showing as below:

KTF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61   Med: 0.65   Max: 0.67
Current: 0.65

During the past 7 years, the highest Equity to Asset Ratio of DWS Municipalome Trust was 0.67. The lowest was 0.61. And the median was 0.65.

KTF's Equity-to-Asset is ranked worse than
68.67% of 1727 companies
in the Asset Management industry
Industry Median: 0.83 vs KTF: 0.65

DWS Municipalome Trust Equity-to-Asset Historical Data

The historical data trend for DWS Municipalome Trust'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.

DWS Municipalome Trust Equity-to-Asset Chart

DWS Municipalome Trust Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Equity-to-Asset
Get a 7-Day Free Trial 0.66 0.67 0.67 0.61 0.65

DWS Municipalome Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.67 0.62 0.61 0.61 0.65

Competitive Comparison of DWS Municipalome Trust's Equity-to-Asset

For the Asset Management subindustry, DWS Municipalome Trust'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.


DWS Municipalome Trust's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, DWS Municipalome Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where DWS Municipalome Trust's Equity-to-Asset falls into.



DWS Municipalome Trust 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.

DWS Municipalome Trust's Equity to Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Equity to Asset (A: Nov. 2023 )=Total Stockholders Equity/Total Assets
=393.843/604.682
=0.65

DWS Municipalome Trust's Equity to Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

Equity to Asset (Q: Nov. 2023 )=Total Stockholders Equity/Total Assets
=393.843/604.682
=0.65

* 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.


DWS Municipalome Trust  (NYSE:KTF) 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%.


DWS Municipalome Trust Equity-to-Asset Related Terms

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


DWS Municipalome Trust (DWS Municipalome Trust) Business Description

Traded in Other Exchanges
N/A
Address
875 Third Avenue, New York, NY, USA, 10022-6225
DWS Municipal Income Trust is a closed-end, diversified investment management company. The investment objective is to provide high current income exempt from federal income tax by investing in a diversified portfolio of investment-grade tax-exempt securities. Its products include ETFs, Mutual Funds, Closed-End-Funds, Money Market Funds, and others.
Executives
Jpmorgan Chase Bank, National Association 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240
Mary S Daugherty director C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
George Catrambone other: Director of Investment Adviser C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Richard J Herring director 345 PARK AVENUE, NEW YORK NY 10154
Chad Perry director C/O TANGER FACTORY OUTLET CENTERS, INC., 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408
Catherine Schrand director C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Christian Rijs officer: AML Compliance Officer C/O DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Chad Farrington other: Portfolio Manager C/O ANJIE LAROCCA, DWS, 345 PARK AVENUE, NEW YORK NY 10154
Helen Delman other: Section 16 C/O DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Jpmorgan Chase Bank, N.a. 10 percent owner 1111 POLARIS PARKWAY, COLUMBUS OH 43240
John W Ballantine director C/O OAK BROOK BANK, 1400 SIXTEENTH ST, OAK BROOK IL 60523
Keith R Fox director 85 MERRIMAC STREET, BOSTON MA 02114
Ciara L. Crawford officer: Assistant Secretary C/O ANJIE LAROCCA, DWS, 345 PARK AVENUE, NEW YORK NY 11752
Peter Aloisi other: Portfolio Manager C/O ANJIE LAROCCA, 345 PARK AVENUE, NEW YORK NY 10154
William N Searcy director 345 PARK AVENUE, NEW YORK NY 10154