Bancroft Fund (Bancroft Fund) Debt-to-Equity : 0.00 (As of Oct. 2022)

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What is Bancroft Fund Debt-to-Equity?

Bancroft Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2022 was $0.00 Mil. Bancroft Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2022 was $0.00 Mil. Bancroft Fund's Total Stockholders Equity for the quarter that ended in Oct. 2022 was $117.64 Mil. Bancroft Fund's debt to equity for the quarter that ended in Oct. 2022 was 0.00.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Bancroft Fund's Debt-to-Equity or its related term are showing as below:

BCV's Debt-to-Equity is not ranked ^*
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Bancroft Fund Debt-to-Equity Historical Data

The historical data trend for Bancroft Fund's Debt-to-Equity 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.

Bancroft Fund Debt-to-Equity Chart

Bancroft Fund Annual Data

Trend

Oct12

Oct13

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Debt-to-Equity

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Bancroft Fund Semi-Annual Data
	Apr13	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Bancroft Fund's Debt-to-Equity

For the Asset Management subindustry, Bancroft Fund's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Bancroft Fund's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bancroft Fund's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bancroft Fund's Debt-to-Equity falls into.

Bancroft Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bancroft Fund's Debt to Equity Ratio for the fiscal year that ended in Oct. 2021 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0.001)	/	182.538
	=	0.00

Bancroft Fund's Debt to Equity Ratio for the quarter that ended in Oct. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	117.635
	=	0.00

Bancroft Fund (AMEX:BCV) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Bancroft Fund Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Bancroft Fund's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Bancroft Fund (Bancroft Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Bancroft Fund Ltd (AMEX:BCV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

BCV.PRA.PFD:USA

Address

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

Website

http://www.gabelli.com

Bancroft Fund Ltd is a diversified closed-end management company. It operates as a closed-ended equity mutual fund. The funds' main objective is to provide income and potential for capital appreciation. With the intent to achieve its objective, the company invests in convertible and equity securities. It invests across different industries such as Computer Software and Services, Energy and Utilities, Health Care among others.

Executives

Mario J Gabelli	director, other: Control Person of Adviser	191 MASON STREET, GREENWICH CT 06830
Anthonie C Vanekris	director	ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein	officer: Secretary	249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Kinchen C Bizzell	director	C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, SUITE 550, MORRISTOWN NJ 07960
Kuni Nakamura	director	1 MARTIN BUTLER COURT, RYE NY 10580
John Chester Ball	officer: Treasurer	800 CONNECTICUT AVENUE, NORWALK CT 06854
Jane D Okeeffe	director, officer: President	C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVE, MORRISTOWN NJ 07960
James P Conn	director
Mercedes A Pierre	other: former Vice President and CCO	C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVE, MORRISTOWN NJ 07960
Michael J Melarkey	director	ONE CORPORATE CENTER, RYE NY 10580
Agnes Mullady	officer: Treasurer	ONE CORPORATE CENTER, RYE NY 10580
Fahrenkopf Frank J Jr	director	ONE CORPORATE CENTER, RYE NY 10580
James Andrew Dinsmore	officer: Vice President	C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, SUITE 550, MORRISTOWN NJ 07960
Germaine M Ortiz	officer: Vice President	C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVE, MORRISTOWN NJ 07960
Peter M Finnican	other: Adviser's Marketing Director	C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, SUITE 550, MORRISTOWN NJ 07960

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