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Clough Global Equity Fund (Clough Global Equity Fund) Net Debt Paydown Yield % : 63.80% (As of May. 16, 2024)


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What is Clough Global Equity Fund Net Debt Paydown Yield %?

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. As of today, Clough Global Equity Fund's Net Debt Paydown Yield % was 63.80%.


Clough Global Equity Fund Net Debt Paydown Yield % Historical Data

The historical data trend for Clough Global Equity Fund's Net Debt Paydown Yield % 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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Clough Global Equity Fund Net Debt Paydown Yield % Chart

Clough Global Equity Fund Annual Data
Trend Mar14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Debt Paydown Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.89 -6.49 -11.03 -4.04 80.29

Clough Global Equity Fund Semi-Annual Data
Mar14 Sep14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Net Debt Paydown Yield % 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 -11.03 -18.88 -4.04 43.37 80.29

Competitive Comparison of Clough Global Equity Fund's Net Debt Paydown Yield %

For the Asset Management subindustry, Clough Global Equity Fund's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % 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.


Clough Global Equity Fund's Net Debt Paydown Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Clough Global Equity Fund's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where Clough Global Equity Fund's Net Debt Paydown Yield % falls into.



Clough Global Equity Fund Net Debt Paydown Yield % Calculation

Clough Global Equity Fund's Net Debt Paydown Yield % for the quarter that ended in Oct. 2023 is calculated as:

Net Debt Paydown Yield %
=( TTM Average Debt   (1-Year Ago))-TTM Average Debt )/Market Cap
=( 125.07-45.5 )/99.097874
=80.29 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


Clough Global Equity Fund  (AMEX:GLQ) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.


Clough Global Equity Fund Net Debt Paydown Yield % Related Terms

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Clough Global Equity Fund (Clough Global Equity Fund) Business Description

Traded in Other Exchanges
N/A
Address
1290 Broadway, Suite 1000, Denver, CO, USA, 80203
Clough Global Equity Fund is a closed-end management investment company. Its investment objective is to provide a high level of total return. The Fund invests in the equity, equity-related securities, and fixed-income securities in both U.S. and non-U.S. markets.
Executives
Charles Jr Clough other: person affiliated w/ Inv. Adv. 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Christopher Moore officer: Secretary 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jill Kerschen officer: Treasurer 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Clough Capital Partners, L.p. other: Investment Advisor of Fund 53 STATE STREET, 27TH FLOOR, SUITE 2702, BOSTON MA 02109
Lainey Ejiasa officer: President 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Dylan Riter Mikel other: Assistant Treasurer 2921 SOUTH COORS DRIVE, LAKEWOOD CO 80228
Adams Nicholas other: Secretary 1055 BROADWAY, 3RD FL, KANSAS CITY MT 64105
Ryan Johanson officer: Treasurer 1290 BROADWAY SUITE 1000, DENVER CO 80203
Alex James Marks officer: Assistant Secretary 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Erich Rettinger officer: Treasurer 1290 BROADWAY SUITE 1100, DENVER CO 80203
Michael Jason Hearle other: Person affiliated with Inv Adv 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Kevin Joseph Mcnally officer: Trustee 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Kelly Mcewen officer: Treasurer 5050 S. SYRACUSE ST., SUITE 1100, DENVER CO 80237
Karen Ann Digravio other: Trustee 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jerry G Rutledge director 2745 SPRINGMEDE COURT, COLORADO SPRINGS CO 80906

Clough Global Equity Fund (Clough Global Equity Fund) Headlines