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Waddell & Reed Financial (Waddell & Reed Financial) Equity-to-Asset : 0.70 (As of Mar. 2021)


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What is Waddell & Reed Financial Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Waddell & Reed Financial's Total Stockholders Equity for the quarter that ended in Mar. 2021 was $709 Mil. Waddell & Reed Financial's Total Assets for the quarter that ended in Mar. 2021 was $1,008 Mil. Therefore, Waddell & Reed Financial's Equity to Asset Ratio for the quarter that ended in Mar. 2021 was 0.70.

The historical rank and industry rank for Waddell & Reed Financial's Equity-to-Asset or its related term are showing as below:

WDR' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.51   Med: 0.46   Max: 0.78
Current: 0.7

During the past 13 years, the highest Equity to Asset Ratio of Waddell & Reed Financial was 0.78. The lowest was -0.51. And the median was 0.46.

WDR's Equity-to-Asset is not ranked
in the Asset Management industry.
Industry Median: 0.83 vs WDR: 0.70

Waddell & Reed Financial Equity-to-Asset Historical Data

The historical data trend for Waddell & Reed Financial'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.

Waddell & Reed Financial Equity-to-Asset Chart

Waddell & Reed Financial Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.63 0.66 0.64 0.63

Waddell & Reed Financial Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 0.66 0.66 0.66 0.63 0.70

Competitive Comparison of Waddell & Reed Financial's Equity-to-Asset

For the Asset Management subindustry, Waddell & Reed Financial'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.


Waddell & Reed Financial's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Waddell & Reed Financial's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Waddell & Reed Financial's Equity-to-Asset falls into.



Waddell & Reed Financial 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.

Waddell & Reed Financial's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )=Total Stockholders Equity/Total Assets
=727.757/1153.831
=0.63

Waddell & Reed Financial's Equity to Asset Ratio for the quarter that ended in Mar. 2021 is calculated as

Equity to Asset (Q: Mar. 2021 )=Total Stockholders Equity/Total Assets
=709.374/1008.189
=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.


Waddell & Reed Financial  (NYSE:WDR) 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%.


Waddell & Reed Financial Equity-to-Asset Related Terms

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


Waddell & Reed Financial (Waddell & Reed Financial) Business Description

Traded in Other Exchanges
N/A
Address
6300 Lamar Avenue, Overland Park, KS, USA, 66202
Waddell & Reed is a midsize asset manager that had $74.8 billion in assets under management at the end of 2020. The firm provides investment services for individual and institutional investors. Retail distribution, which accounts for 95% of managed assets, is handled through the company's own registered investment advisors (58% of AUM) and third-party broker/dealers and advisors (37%) in the wholesale channel. Equity-driven strategies account for an estimated 80% of total AUM, with fixed-income (18%) and money market (2%) offerings accounting for the remainder. The company has no discernible reach outside the United States.
Executives
Daniel P Hanson officer: SVP & CIO 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Mark P. Buyle officer: SVP, GC, CLO and Secretary 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Shawn M. Mihal officer: SVP - Wealth Management 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Amy J. Scupham officer: SVP - Distribution 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Christopher W. Rackers officer: SVP and CAO 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Benjamin R Clouse officer: SVP & CFO 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Michael John Daley officer: VP - Chief Acct Off,IR & Treas 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Brent K Bloss officer: President 6300 LAMAR AVE OVERLAND PARK KS 66202
Philip James Sanders director, officer: CEO 6300 LAMAR AVENUE, OVERLAND PARK KS 66202
Kline Katherine M. A. director 100 PIER 1 PLACE, FORT WORTH TX 76102
Weaver Constance K director 2900 ESPERANZA CROSSING, 2ND FLOOR, AUSTIN TX 78758
Sharilyn S Gasaway director ONE ALLIED DRIVE, LITTLE ROCK AR 72202
James A. Jessee director 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Alan W Kosloff director 6300 LAMAR AVE OVERLAND PARK KS 66202
Thomas C Godlasky director 6300 LAMAR AVENUE OVERLAND PARK KS 66202

Waddell & Reed Financial (Waddell & Reed Financial) Headlines