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DNP Selectome Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was $0.0 Mil. DNP Selectome Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was $972.6 Mil. DNP Selectome Fund's Total Stockholders Equity for the quarter that ended in Oct. 2024 was $3,300.4 Mil. DNP Selectome Fund's debt to equity for the quarter that ended in Oct. 2024 was 0.29.
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 DNP Selectome Fund's Debt-to-Equity or its related term are showing as below:
During the past 8 years, the highest Debt-to-Equity Ratio of DNP Selectome Fund was 0.36. The lowest was 0.22. And the median was 0.27.
The historical data trend for DNP Selectome 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.
DNP Selectome Fund Annual Data | |||||||||||||||||
Trend | Oct17 | Oct18 | Oct19 | Oct20 | Oct21 | Oct22 | Oct23 | Oct24 | |||||||||
Debt-to-Equity | Get a 7-Day Free Trial | 0.26 | 0.28 | 0.29 | 0.36 | 0.30 |
DNP Selectome Fund Semi-Annual Data | |||||||||||||||
Oct17 | Apr18 | Oct18 | Apr19 | Oct19 | Apr20 | Oct20 | Apr21 | Oct21 | Apr22 | Oct22 | Apr23 | Oct23 | Apr24 | Oct24 | |
Debt-to-Equity | Get a 7-Day Free Trial |
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0.29 | 0.28 | 0.36 | 0.34 | 0.30 |
For the Asset Management subindustry, DNP Selectome 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.
For the Asset Management industry and Financial Services sector, DNP Selectome Fund's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where DNP Selectome Fund's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
DNP Selectome Fund's Debt to Equity Ratio for the fiscal year that ended in Oct. 2024 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 | + | 972.585) | / | 3300.437 | |
= | 0.29 |
DNP Selectome Fund's Debt to Equity Ratio for the quarter that ended in Oct. 2024 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 | + | 972.585) | / | 3300.437 | |
= | 0.29 |
* 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.
DNP Selectome Fund (NYSE:DNP) 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.
Thank you for viewing the detailed overview of DNP Selectome Fund's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Grumhaus David D Jr. | other: Officer of the Adviser | 200 S. WACKER DRIVE, SUITE 500, CHICAGO IL 60606 |
Philip R Mcloughlin | director | 800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536 |
Daniel Petrisko | officer: VP and Asst. Secy. | 800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536 |
Kyle P. West | other: Portfolio Manager | DUFF & PHELPS INVESTMENT MANAGEMENT CO., 200 S. WACKER DR., SUITE 500, CHICAGO IL 60606 |
Luecke Connie M | other: Officer of the Adviser | 55 E MONROE ST SUITE 3600, CHICAGO IL 60603 |
Mareile B. Cusack | director | DUFF & PHELPS INVESTMENT MANAGEMENT CO., 200 SOUTH WACKER DRIVE, SUITE 500, CHICAGO IL 60640 |
Timothy P. Riordan | officer: Vice President | DUFF & PHELPS INVESTMENT MANAGEMENT CO., 200 SOUTH WACKER DRIVE, SUITE 500, CHICAGO IL 60640 |
Kathleen Hegyi | officer: CCO | C/O DUFF & PHELPS INVESTMENT MANAGEMENT, 200 SOUTH WACKER DRIVE, CHICAGO IL 60606 |
David J Vitale | director | C/O DNP SELECT INCOME FUND INC., 55 EAST MONROE ST, CHICAGO IL 60603 |
Robert J Genetski | director | 195 N. HARBOR DR, SUITE 4903, CHICAGO IL 60601 |
Metlife Investment Management, Llc | 10 percent owner | ONE METLIFE WAY, WHIPPANY NJ 07981 |
Hoffman Clifford W. Jr. | director | C/O DUFF & PHELPS INVESTMENT MANAGEMENT, 200 E. WACKER DR., CHICAGO IL 60606 |
Voya Financial, Inc. | 10 percent owner | 230 PARK AVENUE, NEW YORK NY 10169 |
Lion Connecticut Holdings Inc. | 10 percent owner | ONE ORANGE WAY, WINDSOR CT 06095 |
Ing Life Insurance & Annuity Co | 10 percent owner | ONE ORANGE WAY, WINDSOR CT 06095-4774 |
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