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ZTR (Virtus Total Return Fund) Debt-to-Equity : 0.43 (As of May. 2024)


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What is Virtus Total Return Fund Debt-to-Equity?

Virtus Total Return Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was $0.00 Mil. Virtus Total Return Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was $168.30 Mil. Virtus Total Return Fund's Total Stockholders Equity for the quarter that ended in May. 2024 was $391.40 Mil. Virtus Total Return Fund's debt to equity for the quarter that ended in May. 2024 was 0.43.

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 Total Return Fund's Debt-to-Equity or its related term are showing as below:

ZTR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35   Med: 0.37   Max: 0.46
Current: 0.43

During the past 7 years, the highest Debt-to-Equity Ratio of Virtus Total Return Fund was 0.46. The lowest was 0.35. And the median was 0.37.

ZTR's Debt-to-Equity is ranked worse than
68.75% of 992 companies
in the Asset Management industry
Industry Median: 0.2 vs ZTR: 0.43

Virtus Total Return Fund Debt-to-Equity Historical Data

The historical data trend for Virtus Total Return 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 Total Return Fund Debt-to-Equity Chart

Virtus Total Return Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Debt-to-Equity
Get a 7-Day Free Trial 0.38 0.36 0.38 0.40 0.44

Virtus Total Return Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.38 0.40 0.46 0.44 0.43

Competitive Comparison of Virtus Total Return Fund's Debt-to-Equity

For the Asset Management subindustry, Virtus Total Return 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 Total Return Fund's Debt-to-Equity Distribution in the Asset Management Industry

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

* The bar in red indicates where Virtus Total Return Fund's Debt-to-Equity falls into.



Virtus Total Return Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Virtus Total Return Fund's Debt to Equity Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Virtus Total Return Fund's Debt to Equity Ratio 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.


Virtus Total Return Fund  (NYSE:ZTR) 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 Total Return Fund Debt-to-Equity Related Terms

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


Virtus Total Return Fund Business Description

Traded in Other Exchanges
N/A
Address
101 Munson Street, Greenfield, MA, USA, 01301-9668
Virtus Total Return Fund Inc is a closed-end, diversified management investment company. Its investment objective is capital appreciation, with current income as a secondary objective. The company provides solutions to individuals, financial advisors, and institutions.
Executives
Bradley William Patrick Iii officer: VP, CFO & Treasurer C/O VIRTUS INVESTMENT PARTNERS, INC., 56 PROSPECT STREET, HARTFORD CT 06115
Philip R Mcloughlin director 800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536
Brian T Zino director 100 PARK AVENUE, NEW YORK NY 10017
Virtus Partners Inc other: Affiliate of the Adviser C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL ST., 9TH FLOOR, HARTFORD CT 06103
James M Oates director C/O INVESTORS FINANCIAL SERVICES CORP, 200 CLARENDON ST, BOSTON MA 02116
Willliam R Moyer director C/O VIRTUS INVESTMENT PARTNERS, INC., HARTFORD CT 06103
George W Karpus 10 percent owner
Wright William H Ii director C/O VIRTUS INVESTMENT PARTNERS, 100 PEARL STREET, HARTFORD CT 06103
David Dickerson officer: SVP & PM of the Adviser
Christopher Ruddy director 1120 BEAR ISLAND DRIVE WEST PALM BEACH FL 33409
Carlton Neel officer: SVP & Portfolio Manager ZWEIG FUNDS 900 THIRD AVE NEW YORK NY 10022
Wendy W Luscombe director 480 TAGHKANIC CHURCH TOWN ROAD, CRARYVILLE NY 12521
Rogers James B Jr director 14 WESLEY STREET, HAMILTON D0 HM11
George R Aylward director, officer: President & CEO C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
William J Renahan officer: Chief Legal Off. & Secretary 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022