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Cohen & Steers Duration Preferred &ome Fund, (Cohen & Steers Duration Preferred &ome Fund,) Debt-to-Equity

: 0.53 (As of Dec. 2023)
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Cohen & Steers Duration Preferred &ome Fund,'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Cohen & Steers Duration Preferred &ome Fund,'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $315.00 Mil. Cohen & Steers Duration Preferred &ome Fund,'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was $597.03 Mil. Cohen & Steers Duration Preferred &ome Fund,'s debt to equity for the quarter that ended in Dec. 2023 was 0.53.

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 Cohen & Steers Duration Preferred &ome Fund,'s Debt-to-Equity or its related term are showing as below:

LDP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4   Med: 0.43   Max: 0.53
Current: 0.53

During the past 7 years, the highest Debt-to-Equity Ratio of Cohen & Steers Duration Preferred &ome Fund, was 0.53. The lowest was 0.40. And the median was 0.43.

LDP's Debt-to-Equity is ranked worse than
75.37% of 1019 companies
in the Asset Management industry
Industry Median: 0.19 vs LDP: 0.53

Cohen & Steers Duration Preferred &ome Fund, Debt-to-Equity Historical Data

The historical data trend for Cohen & Steers Duration Preferred &ome 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.

Cohen & Steers Duration Preferred &ome Fund, Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only 0.41 0.42 0.43 0.52 0.53

Cohen & Steers Duration Preferred &ome Fund, Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.52 0.52 0.56 0.53

Competitive Comparison

For the Asset Management subindustry, Cohen & Steers Duration Preferred &ome 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.


Cohen & Steers Duration Preferred &ome Fund, Debt-to-Equity Distribution

For the Asset Management industry and Financial Services sector, Cohen & Steers Duration Preferred &ome Fund,'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Cohen & Steers Duration Preferred &ome Fund,'s Debt-to-Equity falls into.



Cohen & Steers Duration Preferred &ome Fund, Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cohen & Steers Duration Preferred &ome Fund,'s Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Cohen & Steers Duration Preferred &ome Fund,'s Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Cohen & Steers Duration Preferred &ome Fund,  (NYSE:LDP) 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.


Cohen & Steers Duration Preferred &ome Fund, Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Cohen & Steers Duration Preferred &ome Fund,'s Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Cohen & Steers Duration Preferred &ome Fund, (Cohen & Steers Duration Preferred &ome Fund,) Business Description

Traded in Other Exchanges
N/A
Address
280 Park Avenue, New York, NY, USA, 10017
Cohen & Steers Ltd Duration Preferred & Income Fund, Inc. is a diversified, closed-end management investment company. Its primary investment objective is high current income and capital appreciation as its secondary investment objective. The Fund invests at least 80% of its managed assets in preferred and other income securities issued by U.S. and non-U.S. companies under normal market conditions.
Executives
Ramona Lynn Rogers-windsor director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Dean Junkans director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10023
Jerry Dorost officer: Vice President, other: Portfolio Manager 280 PARK AVENUE, NEW YORK NY 10017
Jane F. Magpiong director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Gerald J. Maginnis director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10023
Edward C Delk officer: See Remarks 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Robert Hamilton Steers director, officer: Chairman C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Joseph M Harvey director, officer: Vice President COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Christian Corkery officer: Assistant Secretary 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Ward C Edward Jr director C/O COHEN & STEERS, 280 PARK AVENUE, NEW YORK NY 10017
Stephen Murphy officer: Deputy CCO 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Elaine Zaharis-nikas officer: Vice President 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Margaret Mo officer: Assistant Secretary 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Daphne L Richards director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Neil Bloom officer: Assistant Treasurer 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017

Cohen & Steers Duration Preferred &ome Fund, (Cohen & Steers Duration Preferred &ome Fund,) Headlines