GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Advent Claymore Convertible Securities & Income Fu (NYSE:AGC) » Definitions » Liabilities-to-Assets

Advent Claymore Convertible Securities &ome Fu (Advent Claymore Convertible Securities &ome Fu) Liabilities-to-Assets : 0.43 (As of Apr. 2018)


View and export this data going back to . Start your Free Trial

What is Advent Claymore Convertible Securities &ome Fu Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Advent Claymore Convertible Securities &ome Fu's Total Liabilities for the quarter that ended in Apr. 2018 was $131.16 Mil. Advent Claymore Convertible Securities &ome Fu's Total Assets for the quarter that ended in Apr. 2018 was $304.12 Mil. Therefore, Advent Claymore Convertible Securities &ome Fu's Liabilities-to-Assets Ratio for the quarter that ended in Apr. 2018 was 0.43.


Advent Claymore Convertible Securities &ome Fu Liabilities-to-Assets Historical Data

The historical data trend for Advent Claymore Convertible Securities &ome Fu's Liabilities-to-Assets 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.

Advent Claymore Convertible Securities &ome Fu Liabilities-to-Assets Chart

Advent Claymore Convertible Securities &ome Fu Annual Data
Trend Oct17
Liabilities-to-Assets
0.42

Advent Claymore Convertible Securities &ome Fu Semi-Annual Data
Oct17 Apr18
Liabilities-to-Assets 0.42 0.43

Competitive Comparison of Advent Claymore Convertible Securities &ome Fu's Liabilities-to-Assets

For the Asset Management subindustry, Advent Claymore Convertible Securities &ome Fu's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Advent Claymore Convertible Securities &ome Fu's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Advent Claymore Convertible Securities &ome Fu's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Advent Claymore Convertible Securities &ome Fu's Liabilities-to-Assets falls into.



Advent Claymore Convertible Securities &ome Fu Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Advent Claymore Convertible Securities &ome Fu's Liabilities-to-Assets Ratio for the fiscal year that ended in Oct. 2017 is calculated as:

Liabilities-to-Assets (A: Oct. 2017 )=Total Liabilities/Total Assets
=131.183/315.26
=0.42

Advent Claymore Convertible Securities &ome Fu's Liabilities-to-Assets Ratio for the quarter that ended in Apr. 2018 is calculated as

Liabilities-to-Assets (Q: Apr. 2018 )=Total Liabilities/Total Assets
=131.155/304.118
=0.43

* 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.


Advent Claymore Convertible Securities &ome Fu  (NYSE:AGC) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Advent Claymore Convertible Securities &ome Fu Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Advent Claymore Convertible Securities &ome Fu's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Advent Claymore Convertible Securities &ome Fu (Advent Claymore Convertible Securities &ome Fu) Business Description

Traded in Other Exchanges
N/A
Address
Advent Claymore Convertible Securities & Income Fund of Benefical Interest, formerly known as Advent/claymore Gl Convrtbl Sec & Inc Fd is a diversified, closed-end management investment company. Its investment objective is to provide total return, through a combination of capital appreciation and current income.
Executives
Advent Capital Management /de/ other: Investment Manager 888 SEVENTH AVENUE, 31ST FLOOR, NEW YORK NY 10019
Tracy V Maitland director, officer: Chairman, President & CEO, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Tony Huang officer: V.P. & Assistant Secretary 227 WEST MONROE STREET, CHICAGO IL 60606
Gerald L Seizert director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Daniel Black director, other: Trustee C/O ADVENT CAPITAL MANAGEMENT, LLC, 1065 AVENUE OF THE AMERICAS, 31ST FLOOR, NEW YORK NY 10018
Paul Latronica other: Portfolio Manager 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Randall C Barnes director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60187
Ronald Nyberg director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Hart Woodson other: Portfolio Manager 2455 CORPORATE WEST DRIVE LISLE IL 60532
Michael A Smart director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Doug Teresko other: Managing Director 1271 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10020
Citigroup Inc 10 percent owner 388 GREENWICH STREET, NEW YORK NY 10013
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036

Advent Claymore Convertible Securities &ome Fu (Advent Claymore Convertible Securities &ome Fu) Headlines