NXG (Cushing NextGen Infrastructureome Fund) Debt-to-Asset : 0.28 (As of May. 2024)

Cushing NextGen Infrastructureome Fund Debt-to-Asset Chart

Cushing NextGen Infrastructureome Fund Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24
Debt-to-Asset	Get a 7-Day Free Trial									0.26	0.21	0.22	0.25	0.28

Competitive Comparison of Cushing NextGen Infrastructureome Fund's Debt-to-Asset

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

Cushing NextGen Infrastructureome Fund's Debt-to-Asset Distribution in the Asset Management Industry

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

* The bar in red indicates where Cushing NextGen Infrastructureome Fund's Debt-to-Asset falls into.

Cushing NextGen Infrastructureome Fund Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Cushing NextGen Infrastructureome Fund's Debt-to-Asset for the fiscal year that ended in Nov. 2023 is calculated as

Cushing NextGen Infrastructureome Fund's Debt-to-Asset for the quarter that ended in May. 2024 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.

Cushing NextGen Infrastructureome Fund  (NYSE:NXG) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Cushing NextGen Infrastructureome Fund Debt-to-Asset Related Terms

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Cushing NextGen Infrastructureome Fund Business Description