What is Calamos Strategic Total Return Fund Debt-to-Equity?
Calamos Strategic Total Return FundCSQ +1.07%53 Debt-to-Equity is 0.31 as of Apr. 2026, which is 9% below its 10-year median of 0.34. GuruFocus rates CSQ with a GF Score™ of 53/100 and a GF Value™ of $37.57 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 962 Asset Management companies, Calamos Strategic Total Return Fund ranks worse than 58.21% on this metric.
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.
CSQ'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28 Med: 0.34 Max: 0.38
Current: 0.31
During the past 9 years, the highest Debt-to-Equity Ratio of Calamos Strategic Total Return Fund was 0.38. The lowest was 0.28. And the median was 0.34.
CSQ's Debt-to-Equity is ranked worse than 58.21% of 962
companies
in the Asset Management industry
Industry Median: 0.21
vs CSQ: 0.31
Calamos Strategic Total Return Fund (NAS:CSQ) Debt-to-Equity Explanation
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.
Calamos Strategic Total Return Fund Debt-to-Equity Related Terms
Calamos Strategic Total Return Fund Debt-to-Equity Historical Data
* 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.
Calamos Strategic Total Return Fund Debt-to-Equity Chart
For the Asset Management subindustry, Calamos Strategic 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.
Calamos Strategic Total Return Fund Debt-to-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Calamos Strategic Total Return Fund's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Calamos Strategic Total Return Fund's Debt-to-Equity falls into.
* 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.
Calamos Strategic Total Return Fund (CSQ) has a Debt-to-Equity of 0.31 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Calamos Strategic Total Return Fund and its competitors. This is near median its historical median of 0.34. Over the past decade, Calamos Strategic Total Return Fund's Debt-to-Equity has ranged from 0.28 to 0.38. According to the industry distribution chart, Calamos Strategic Total Return Fund ranks #560 out of 962 companies in the Asset Management industry, placing it in the top 58.2%.
Is Calamos Strategic Total Return Fund's Debt-to-Equity too high?
Calamos Strategic Total Return Fund's current Debt-to-Equity of 0.31 is near median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 0.38. The Asset Management industry median Debt-to-Equity is 0.21. Calamos Strategic Total Return Fund's value of 0.31 is 47.6% above this industry median. Based on the distribution chart, Calamos Strategic Total Return Fund ranks #560 out of 962 companies in the Asset Management industry, which is below the industry midpoint. Overall, Calamos Strategic Total Return Fund has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Calamos Strategic Total Return Fund's Debt-to-Equity compare to STEP and GBDC?
According to the Asset Management industry distribution chart, Calamos Strategic Total Return Fund ranks #560 out of 962 companies for Debt-to-Equity. This places Calamos Strategic Total Return Fund in the lower half of its industry. The industry median Debt-to-Equity is 0.21. Calamos Strategic Total Return Fund's value of 0.31 is 47.6% above this benchmark. Historically, Calamos Strategic Total Return Fund's own Debt-to-Equity has ranged from 0.28 to 0.38 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 0.21, Calamos Strategic Total Return Fund has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 962 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Calamos Strategic Total Return Fund's current Debt-to-Equity of 0.31 is 47.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Calamos Strategic Total Return Fund and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Calamos Strategic Total Return Fund's current Debt-to-Equity is 0.31, which is near median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calamos Strategic Total Return Fund stock overvalued right now?
Based on GuruFocus' analysis, Calamos Strategic Total Return Fund (CSQ) is currently considered Significantly Undervalued. The stock's GF Value™ is $37.57, compared to a current price of $20.80 — trading 44.6% below its estimated fair value. The current Debt-to-Equity is 0.31, which is near median its 10-year median of 0.34 and 47.6% above the Asset Management industry median of 0.21. Calamos Strategic Total Return Fund's overall GF Score™ is 53/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Calamos Strategic Total Return Fund (CSQ), the current Debt-to-Equity is 0.31 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Calamos Strategic Total Return Fund (CSQ) Overvalued in 2026?
Based on GuruFocus' analysis, Calamos Strategic Total Return Fund stock appears to be undervalued.
The current stock price of $20.80 is trading 44.6% below its estimated GF Value™ of $37.57.
GuruFocus considers Calamos Strategic Total Return Fund to be Significantly Undervalued.
Key valuation signals for CSQ:
Debt-to-Equity: 0.31 (near median its 10-year median of 0.34)
GF Value™: $37.57 vs. price of $20.80 (44.6% below fair value)
Industry Position: 47.6% above the Asset Management median (#560 of 962)
No single metric tells the full story. See the CSQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Calamos Strategic Total Return Fund Business Description
Calamos Strategic Total Return Fund is a diversified, closed-end management investment company. The fund's objective is to provide total return through a combination of capital appreciation and current income. Its investment portfolio comprises equities, convertible securities, and high-yield corporate bonds.
53GF Score
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