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ASA (ASA Gold And Precious Metals) Debt-to-Equity : 0.00 (As of Nov. 2024)


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What is ASA Gold And Precious Metals Debt-to-Equity?

ASA Gold And Precious Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was $0.0 Mil. ASA Gold And Precious Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was $0.0 Mil. ASA Gold And Precious Metals's Total Stockholders Equity for the quarter that ended in Nov. 2024 was $444.2 Mil. ASA Gold And Precious Metals's debt to equity for the quarter that ended in Nov. 2024 was 0.00.

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 ASA Gold And Precious Metals's Debt-to-Equity or its related term are showing as below:

ASA's Debt-to-Equity is not ranked *
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

ASA Gold And Precious Metals Debt-to-Equity Historical Data

The historical data trend for ASA Gold And Precious Metals'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.

ASA Gold And Precious Metals Debt-to-Equity Chart

ASA Gold And Precious Metals Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Debt-to-Equity
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ASA Gold And Precious Metals Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
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Competitive Comparison of ASA Gold And Precious Metals's Debt-to-Equity

For the Asset Management subindustry, ASA Gold And Precious Metals'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.


ASA Gold And Precious Metals's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ASA Gold And Precious Metals's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where ASA Gold And Precious Metals's Debt-to-Equity falls into.


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ASA Gold And Precious Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ASA Gold And Precious Metals's Debt to Equity Ratio for the fiscal year that ended in Nov. 2024 is calculated as

ASA Gold And Precious Metals's Debt to Equity Ratio for the quarter that ended in Nov. 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.


ASA Gold And Precious Metals  (NYSE:ASA) 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.


ASA Gold And Precious Metals Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of ASA Gold And Precious Metals's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


ASA Gold And Precious Metals Business Description

Traded in Other Exchanges
N/A
Address
Three Canal Plaza, Suite 600, Portland, ME, USA, 04101
ASA Gold And Precious Metals Ltd is a closed-end, non-diversified investment company. Its objective is to provide long-term capital appreciation through investing in companies engaged in the exploration for, development of projects, or mining of precious metals and minerals.
Executives
Alexander Merk officer: COO 44 MONTGOMERY STREET, #3730, SAN FRANCISCO CA 94104
William Donovan director 100 VISTA CIRCLE, APARTMENT 315, PITTSBURGH PA 15238
Mary Joan Hoene director 400 S EL CAMINO REAL, STE 710, SAN MATEO CA 94402
Bruce D Hansen director 1700 LINCOLN STREET, 28TH FLOOR, DENVER CO 80203
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Nancy J. Tyminski other: Deputy CCO 3 CANAL PLAZA, SUITE 600, PORTLAND ME 04101
James E Holman other: Analyst, Merk Investments, LLC THREE CANAL PLAZA, SUITE 600, PORTLAND ME 04101
Peter Maletis officer: President 44 MONTGOMERY STREET, #3730, SAN FRANCISCO CA 94104
Anthony J. Artabane director 4 LITTLE KINGS LANE, RYE BROOK NY 10573
Zachary R Tackett officer: Secretary 77 CONGRESS STREET, APT. #1, PORTLAND ME 04101
Gino E Malaspina officer: Secretary 3 CANAL PLAZA, SUITE 600, PORTLAND ME 04101
Karen Shaw officer: PFO 3 BUNKER HILL TERRACE, SCARBOROUGH ME 04074
David J Christensen officer: Vice President - Investments 400 S. EL CAMINO REAL, SUITE 710, SAN MATEO CA 94402
Danielle Kulp officer: Secretary and Deputy CCO 1409 KUTZ DRIVE, POTTSTOWN PA 19465