Kayne Anderson Energy Infrastructure Fund, (Kayne Anderson Energy Infrastructure Fund,) Debt-to-Equity

: 0.19 (As of Nov. 2023)

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Kayne Anderson Energy Infrastructure Fund,'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $0.0 Mil. Kayne Anderson Energy Infrastructure Fund,'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $344.2 Mil. Kayne Anderson Energy Infrastructure Fund,'s Total Stockholders Equity for the quarter that ended in Nov. 2023 was $1,777.6 Mil. Kayne Anderson Energy Infrastructure Fund,'s debt to equity for the quarter that ended in Nov. 2023 was 0.19.

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 Kayne Anderson Energy Infrastructure Fund,'s Debt-to-Equity or its related term are showing as below:

KYN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 0.29 Max: 0.41
Current: 0.19

During the past 7 years, the highest Debt-to-Equity Ratio of Kayne Anderson Energy Infrastructure Fund, was 0.41. The lowest was 0.19. And the median was 0.29.

KYN's Debt-to-Equity is ranked better than
51.52% of 1021 companies
in the Asset Management industry
Industry Median: 0.19 vs KYN: 0.19

Kayne Anderson Energy Infrastructure Fund, Debt-to-Equity Historical Data

The historical data trend for Kayne Anderson Energy Infrastructure 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.

Kayne Anderson Energy Infrastructure Fund, Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Debt-to-Equity

0.39

0.27

0.29

0.21

0.19

Kayne Anderson Energy Infrastructure Fund, Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Debt-to-Equity									0.29	0.26	0.21	0.23	0.19

Competitive Comparison

For the Asset Management subindustry, Kayne Anderson Energy Infrastructure 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.

Kayne Anderson Energy Infrastructure Fund, Debt-to-Equity Distribution

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

* The bar in red indicates where Kayne Anderson Energy Infrastructure Fund,'s Debt-to-Equity falls into.

Kayne Anderson Energy Infrastructure Fund, Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kayne Anderson Energy Infrastructure Fund,'s Debt to Equity Ratio for the fiscal year that ended in Nov. 2023 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	+	344.215)	/	1777.558
	=	0.19

Kayne Anderson Energy Infrastructure Fund,'s Debt to Equity Ratio for the quarter that ended in Nov. 2023 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	+	344.215)	/	1777.558
	=	0.19

Kayne Anderson Energy Infrastructure Fund, (NYSE:KYN) 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.

Kayne Anderson Energy Infrastructure Fund, Debt-to-Equity Related Terms

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Kayne Anderson Energy Infrastructure Fund, (Kayne Anderson Energy Infrastructure Fund,) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Kayne Anderson Energy Infrastructure Fund, Inc (NYSE:KYN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

811 Main Street, 14th Floor, Houston, TX, USA, 77002

Website

https://www.kaynefunds.com

Kayne Anderson Energy Infrastructure Fund, Inc is a non-diversified, closed-end fund. Its investment objective is to provide a high after-tax total return with an emphasis on making cash distributions to the stockholder. The company seeks to achieve its objectives by investing at least 80% of its total assets in the securities of Energy Infrastructure companies.

Executives

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
Kayne Anderson Capital Advisors Lp	other: SEE NOTE (2)	2121 AVENUE OF THE STARS, 9TH FLOOR, LOS ANGELES CA 90067
Logan Ron M Jr	officer: SENIOR VP	PO BOX 131574, HOUSTON TX 77219
Terry A Hart	officer: Treasurer and CFO	1000 LOUISIANA STREET SUITE 5800, HOUSTON TX 77002
John C Frey	officer: Assistant Secretary	C/O KAYNE ANDERSON CAPITAL ADVISORS LP, 1800 AVENUE OF THE STARS, LOS ANGELES CA 90067
Metlife Investment Management, Llc	10 percent owner	ONE METLIFE WAY, WHIPPANY NJ 07981
Carita Walker	director	2519 PANORAMA TER, LOS ANGELES CA 90039
Principal Life Insurance Co	10 percent owner	711 HIGH STREET, DES MOINES IA 50392-0300
Caroline Ann Winn	director	14914 VALLE DEL SUR COURT, SAN DIEGO CA 92127
Parker Austin Colby	officer: Chief Financial Officer	811 MAIN STREET, 14TH FLOOR, HOUSTON TX 77002
William R Cordes	director	17237 HOWARD PLAZA, OMAHA NE 68118
Guardian Life Insurance Co Of America	10 percent owner	10 HUDSON YARDS, NY NY 10001
Guardian Insurance & Annuity Co Inc	10 percent owner	10 HUDSON YARDS, 22 FLOOR, NEW YORK NY 10001
Thrivent Financial For Lutherans	10 percent owner	901 MARQUETTE AVENUE, SUITE 2500, MINNEAPOLIS MN 55402-3211
Michael J Levitt	director	KAYNE ANDERSON CAPITAL ADVISORS, L.P., 1800 AVENUE OF THE STARS, 3RD FLOOR, LOS ANGELES CA 90067