Switch to:

Avenueome Credit Strategies Fund Debt-to-Equity

: 0.44 (As of Apr. 2020)
View and export this data going back to 2011. Start your Free Trial

Avenueome Credit Strategies Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2020 was $0.00 Mil. Avenueome Credit Strategies Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2020 was $65.50 Mil. Avenueome Credit Strategies Fund's Total Stockholders Equity for the quarter that ended in Apr. 2020 was $147.82 Mil. Avenueome Credit Strategies Fund's debt to equity for the quarter that ended in Apr. 2020 was 0.44.

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.

NYSE:ACP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.42   Med: 0.44   Max: 0.45
Current: 0.44

0.42
0.45

During the past 3 years, the highest Debt-to-Equity Ratio of Avenueome Credit Strategies Fund was 0.45. The lowest was 0.42. And the median was 0.44.

NYSE:ACP's Debt-to-Equity is ranked lower than
71% of the 934 Companies
in the Asset Management industry.

( Industry Median: 0.21 vs. NYSE:ACP: 0.44 )

Avenueome Credit Strategies Fund Debt-to-Equity Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Avenueome Credit Strategies Fund Annual Data
Oct17 Oct18 Oct19
Debt-to-Equity 0.00 0.45 0.44

Avenueome Credit Strategies Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20
Debt-to-Equity Premium Member Only 0.42 0.45 0.44 0.44 0.44

Competitive Comparison
* 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.


Avenueome Credit Strategies Fund Debt-to-Equity Distribution

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



Avenueome Credit Strategies Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Avenueome Credit Strategies Fund's Debt to Equity Ratio for the fiscal year that ended in Oct. 2019 is calculated as

Avenueome Credit Strategies Fund's Debt to Equity Ratio for the quarter that ended in Apr. 2020 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Avenueome Credit Strategies Fund  (NYSE:ACP) 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.


Avenueome Credit Strategies Fund Debt-to-Equity Related Terms


Avenueome Credit Strategies Fund Debt-to-Equity Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)