Virtus Stone Harbor Emerging Marketsome Fund (Virtus Stone Harbor Emerging Marketsome Fund) Debt-to-Equity : 0.19 (As of Nov. 2023)

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What is Virtus Stone Harbor Emerging Marketsome Fund Debt-to-Equity?

Virtus Stone Harbor Emerging Marketsome Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $0.00 Mil. Virtus Stone Harbor Emerging Marketsome Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $14.17 Mil. Virtus Stone Harbor Emerging Marketsome Fund's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $73.91 Mil. Virtus Stone Harbor Emerging Marketsome 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 Virtus Stone Harbor Emerging Marketsome Fund's Debt-to-Equity or its related term are showing as below:

EDF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.39 Max: 0.51
Current: 0.19

During the past 7 years, the highest Debt-to-Equity Ratio of Virtus Stone Harbor Emerging Marketsome Fund was 0.51. The lowest was 0.06. And the median was 0.39.

EDF's Debt-to-Equity is ranked better than
51.29% of 1008 companies
in the Asset Management industry
Industry Median: 0.19 vs EDF: 0.19

Virtus Stone Harbor Emerging Marketsome Fund Debt-to-Equity Historical Data

The historical data trend for Virtus Stone Harbor Emerging Marketsome 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.

Virtus Stone Harbor Emerging Marketsome Fund Debt-to-Equity Chart

Virtus Stone Harbor Emerging Marketsome Fund Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Debt-to-Equity

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0.06

0.39

0.45

0.40

0.19

Virtus Stone Harbor Emerging Marketsome Fund Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Debt-to-Equity	Get a 7-Day Free Trial								0.45	0.44	0.40	0.36	0.19

Competitive Comparison of Virtus Stone Harbor Emerging Marketsome Fund's Debt-to-Equity

For the Asset Management subindustry, Virtus Stone Harbor Emerging Marketsome 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.

Virtus Stone Harbor Emerging Marketsome Fund's Debt-to-Equity Distribution in the Asset Management Industry

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

* The bar in red indicates where Virtus Stone Harbor Emerging Marketsome Fund's Debt-to-Equity falls into.

Virtus Stone Harbor Emerging Marketsome Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Virtus Stone Harbor Emerging Marketsome 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	+	14.172)	/	73.906
	=	0.19

Virtus Stone Harbor Emerging Marketsome 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	+	14.172)	/	73.906
	=	0.19

Virtus Stone Harbor Emerging Marketsome Fund (NYSE:EDF) 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.

Virtus Stone Harbor Emerging Marketsome Fund Debt-to-Equity Related Terms

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

Virtus Stone Harbor Emerging Marketsome Fund (Virtus Stone Harbor Emerging Marketsome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Munson Street, Greenfield, MA, USA, 01301-9683

Website

https://www.virtus.com

Virtus Stone Harbor Emerging Markets Income Fund is a closed-end management investment company. Its investment objective is to maximize total return, which consists of income from its investments and capital appreciation. The Fund invests in fixed income securities and other instruments.

Executives

Brian T Zino	director	100 PARK AVENUE, NEW YORK NY 10017
Donald C Burke	director	C/O BLACKROCK FINANCIAL MANAGEMENT, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
John R Mallin	director	C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Mcdaniel Connie D	director	C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Richard W Smirl	officer: EVP	C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, HARTFORD CT 06103
F Ford Drummond	director	100 N BROADWAY, OKLAHOMA CITY OK 73102
George R Aylward	director, officer: President and CEO	C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Bradley William Patrick Iii	officer: EVP, CFO and Treasurer	C/O VIRTUS INVESTMENT PARTNERS, INC., 56 PROSPECT STREET, HARTFORD CT 06115
Sidney E Harris	director	C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
R Keith Walton	director	100 PEARL STREET, HARTFORD CT 06103
Geraldine M Mcnamara	director	150 EAST 44TH ST, APT 35G, NEW YORK NY 10017
Philip R Mcloughlin	director	800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536
Deborah A Decotis	director	1633 BROADWAY, NEW YORK NY 10019
Sarah E Cogan	director	1633 BROADWAY, NEW YORK NY 10019
Heath B Mclendon	other: Trustee