Gabelli Equity Trust (Gabelli Equity Trust) Other Assets for Banks : $1,973.65 Mil (As of Dec. 2023)

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What is Gabelli Equity Trust Other Assets for Banks?

Gabelli Equity Trust's quarterly other assets (bank) increased from Dec. 2022 ($1,928.25 Mil) to Jun. 2023 ($2,001.94 Mil) but then declined from Jun. 2023 ($2,001.94 Mil) to Dec. 2023 ($1,973.65 Mil).

Gabelli Equity Trust's annual other assets (bank) declined from Dec. 2021 ($2,381.50 Mil) to Dec. 2022 ($1,928.25 Mil) but then increased from Dec. 2022 ($1,928.25 Mil) to Dec. 2023 ($1,973.65 Mil).

Gabelli Equity Trust Other Assets for Banks Historical Data

The historical data trend for Gabelli Equity Trust's Other Assets for Banks 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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Gabelli Equity Trust Other Assets for Banks Chart

Gabelli Equity Trust Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Assets for Banks

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1,959.99

1,974.00

2,381.50

1,928.25

1,973.65

Gabelli Equity Trust Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Other Assets for Banks	Get a 7-Day Free Trial									2,381.50	1,864.97	1,928.25	2,001.94	1,973.65

Gabelli Equity Trust Other Assets for Banks Calculation

Banks frequently group a variety of accounts as other assets on their balance sheets. Banks must report several of these accounts, such as investment in unconsolidated subsidiaries, customer liability on outstanding acceptances, and intangible assets as separate line items on Call Reports.

Gabelli Equity Trust (Gabelli Equity Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gabelli Equity Trust Inc (NYSE:GABpH.PFD) » Definitions » Other Assets for Banks

Comparable Companies

Traded in Other Exchanges

GABpK.PFD:USA GABpG.PFD:USA GAB:USA

Address

One Corporate Center, Rye, NY, USA, 10580-1422

Website

https://www.gabelli.com

Gabelli Equity Trust Inc is a non-diversified closed-end management investment company. Its primary investment objective is long-term growth of capital with income as a secondary objective. The Fund invests at least 80% of its assets in equity securities under normal market conditions. Its equity portfolio includes common stock, preferred stock, convertible or exchangeable securities, and warrants and rights to purchase such securities selected by the Investment Adviser. The company invests in various sectors, of which Food & Beverage, Financial Services, Equipment and Supplies, Entertainment, Consumer Products, Health Care, Diversified Industrial, Business Services, and Consumer Services accounts for the majority weightage.