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Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund Liabilities-to-Assets : 0.29 (As of Nov. 2023)


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What is Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund 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. Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's Total Liabilities for the quarter that ended in Nov. 2023 was $29.86 Mil. Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's Total Assets for the quarter that ended in Nov. 2023 was $104.75 Mil. Therefore, Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's Liabilities-to-Assets Ratio for the quarter that ended in Nov. 2023 was 0.29.


Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund Liabilities-to-Assets Historical Data

The historical data trend for Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund'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.

Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund Liabilities-to-Assets Chart

Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Liabilities-to-Assets
Get a 7-Day Free Trial 0.30 0.31 0.32 0.29 0.29

Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.32 0.28 0.29 0.27 0.29

Competitive Comparison of Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's Liabilities-to-Assets

For the Asset Management subindustry, Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund'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.


Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's Liabilities-to-Assets falls into.



Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund 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.

Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's Liabilities-to-Assets Ratio for the fiscal year that ended in Nov. 2023 is calculated as:

Liabilities-to-Assets (A: Nov. 2023 )=Total Liabilities/Total Assets
=29.859/104.747
=0.29

Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's Liabilities-to-Assets Ratio for the quarter that ended in Nov. 2023 is calculated as

Liabilities-to-Assets (Q: Nov. 2023 )=Total Liabilities/Total Assets
=29.859/104.747
=0.29

* 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.


Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund  (NYSE:MFD) 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.


Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund Liabilities-to-Assets Related Terms

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Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund is a diversified, closed-end management company. Its objective is to seek a high level of current return consisting of dividends, interest, and other similar income while attempting to preserve capital. The fund seeks to achieve its objective by investing in the securities of companies involved in the management, ownership, and operation of infrastructure and utilities. It also invests in senior secured loans generally considered to be high-yield securities. The company portfolio of investments consists of the investment in the common stocks, master limited partnerships, and senior floating-rate loan interests.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
William H Speacht other: Investment Advisor 2005 MARKET ST, 34TH FL, PHILADELPHIA PA 19103
Thomas R Kadlec director C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler other: Officer-Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske other: Officer-Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Robert F Keith director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Fink William J Jr other: Officer-Investment Sub-Advisor 125 WEST 55TH STREET, LEVEL 15, NEW YORK NY 10019
Shane Shannon officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
John H Kim other: Officer-Investment Sub-Advisor C/O ANJIE LAROCCA, DEUTSCHE BANK, 1251 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Jonathan S Ong other: Officer-Investment Sub-Advisor 1 MARTIN PLACE, LEVEL 21, SYDNEY C3 2000
Donald Swade officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Katherine L Urevig officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Anthony Felton other: Officer-Investment Sub-Advisor 1 MARTIN PLACE, LEVEL 21, SYDNEY C3 2000
Andrew Maple-brown other: Officer-Investment Sub-Advisor 125 WEST 55TH STREET, LEVEL 15, NEW YORK NY 10019

Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund Headlines

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