Kayne Anderson Energy Development Co (Kayne Anderson Energy Development Co) LT-Debt-to-Total-Asset : 0.20 (As of May. 2018)

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What is Kayne Anderson Energy Development Co LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Kayne Anderson Energy Development Co's long-term debt to total assests ratio for the quarter that ended in May. 2018 was 0.20.

Kayne Anderson Energy Development Co's long-term debt to total assets ratio declined from May. 2017 (0.22) to May. 2018 (0.20). It may suggest that Kayne Anderson Energy Development Co is progressively becoming less dependent on debt to grow their business.

Kayne Anderson Energy Development Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kayne Anderson Energy Development Co's LT-Debt-to-Total-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.

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Kayne Anderson Energy Development Co LT-Debt-to-Total-Asset Chart

Kayne Anderson Energy Development Co Annual Data

Trend

Nov08

Nov09

Nov10

Nov11

Nov12

Nov13

Nov14

Nov15

Nov16

Nov17

LT-Debt-to-Total-Asset

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0.18

0.21

0.23

0.21

Kayne Anderson Energy Development Co Semi-Annual Data
	May08	Nov08	May09	Nov09	May10	Nov10	Nov11	May12	Nov12	May13	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.21	0.23	0.22	0.21	0.20

Kayne Anderson Energy Development Co LT-Debt-to-Total-Asset Calculation

Kayne Anderson Energy Development Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Nov. 2017 is calculated as

LT Debt to Total Assets (A: Nov. 2017 )	=	Long-Term Debt & Capital Lease Obligation (A: Nov. 2017 )	/	Total Assets (A: Nov. 2017 )
	=	59.665	/	289.152
	=	0.21

Kayne Anderson Energy Development Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in May. 2018 is calculated as

LT Debt to Total Assets (Q: May. 2018 )	=	Long-Term Debt & Capital Lease Obligation (Q: May. 2018 )	/	Total Assets (Q: May. 2018 )
	=	59.703	/	299.686
	=	0.20

Kayne Anderson Energy Development Co (NYSE:KED) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Kayne Anderson Energy Development Co LT-Debt-to-Total-Asset Related Terms

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Kayne Anderson Energy Development Co (Kayne Anderson Energy Development Co) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.kaynefunds.com

Kayne Anderson Energy Development Co is a non-diversified, closed-end fund. Its objective is to generate current income and capital appreciation through equity and debt investments. The fund seeks to achieve this objective by investing at least 80% of its total assets in securities of Energy companies. A key focus area for the company's investments is equity and debt investments in private and public entities structured as Ltd partnerships. In addition, it also owns equity and debt investments in Upstream, Midstream and Other Energy companies. Geographically all the operation is functioned through the region of US.

Executives

Richard A Kayne	10 percent owner, other: CEO of Member/Manager of IA
William R Cordes	director	17237 HOWARD PLAZA, OMAHA NE 68118
Alan Boswell	officer: VICE PRESIDENT	811 MAIN STREET, 14TH FLOOR, HOUSTON TX 77002
Terry A Hart	officer: Treasurer and CFO	1000 LOUISIANA STREET SUITE 5800, HOUSTON TX 77002
Prudential Insurance Co Of America	10 percent owner	751 BROAD STREET, NEWARK NJ 07102
Prudential Financial Inc	10 percent owner	751 BROAD ST, NEWARK NJ 07102
James C Baker	officer: Vice President	C/O KAYNE ANDERSON CAPITAL ADVISORS, L.P, 1800 AVENUE OF THE STARS, THIRD FLOOR, LOS ANGELES CA 90067
Jody Meraz	officer: Vice President	717 TEXAS AVENUE, SUITE 3100, HOUSTON TX 77002
Ka Holdings Inc	10 percent owner, other: Affiliate / Investment Adviser	1800 AVENUE OF THE STARS, 2ND FLOOR, LOS ANGELES CA 90067
Kevin S Mccarthy	director, officer: President, CEO, Chairman	C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
John Daley	other: Investment Adviser CFO	C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
John Anderson	10 percent owner, other: Affiliate / Investment Adviser	C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
Robert Sinnott	director	C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
William L Thacker	director	94 WEDGEWOOD DR. W., MONTGOMERY TX 77366
Barry R Pearl	director	P.O. BOX 2521, HOUSTON TX 77252-2521