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Clough Global Equity Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2024 was $0.00 Mil. Clough Global Equity Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2024 was $29.00 Mil. Clough Global Equity Fund's Total Stockholders Equity for the quarter that ended in Apr. 2024 was $142.87 Mil. Clough Global Equity Fund's debt to equity for the quarter that ended in Apr. 2024 was 0.20.
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 Clough Global Equity Fund's Debt-to-Equity or its related term are showing as below:
During the past 13 years, the highest Debt-to-Equity Ratio of Clough Global Equity Fund was 0.75. The lowest was 0.20. And the median was 0.52.
The historical data trend for Clough Global Equity 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.
Clough Global Equity Fund Annual Data | |||||||||||||||||||||
Trend | Mar14 | Oct15 | Oct16 | Oct17 | Oct18 | Oct19 | Oct20 | Oct21 | Oct22 | Oct23 | |||||||||||
Debt-to-Equity | Get a 7-Day Free Trial | 0.49 | 0.54 | 0.49 | 0.75 | 0.24 |
Clough Global Equity Fund Semi-Annual Data | ||||||||||||||||||||
Sep14 | Apr15 | Oct15 | Apr16 | Oct16 | Apr17 | Oct17 | Apr18 | Oct18 | Apr19 | Oct19 | Apr20 | Oct20 | Apr21 | Oct21 | Apr22 | Oct22 | Apr23 | Oct23 | Apr24 | |
Debt-to-Equity | Get a 7-Day Free Trial | 0.74 | 0.75 | 0.45 | 0.24 | 0.20 |
For the Asset Management subindustry, Clough Global Equity 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, Clough Global Equity Fund's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Clough Global Equity Fund's Debt-to-Equity falls into.
Debt to Equity measures the financial leverage a company has.
Clough Global Equity Fund's Debt to Equity Ratio for the fiscal year that ended in Oct. 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 | + | 29) | / | 121.519 | |
= | 0.24 |
Clough Global Equity Fund's Debt to Equity Ratio for the quarter that ended in Apr. 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 | + | 29) | / | 142.874 | |
= | 0.20 |
* 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.
Clough Global Equity Fund (AMEX:GLQ) 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 Clough Global Equity Fund's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Charles Jr Clough | other: person affiliated w/ Inv. Adv. | 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109 |
Christopher Moore | officer: Secretary | 1700 BROADWAY, SUITE 1850, DENVER CO 80290 |
Jill Kerschen | officer: Treasurer | 1700 BROADWAY, SUITE 1850, DENVER CO 80290 |
Clough Capital Partners, L.p. | other: Investment Advisor of Fund | 53 STATE STREET, 27TH FLOOR, SUITE 2702, BOSTON MA 02109 |
Lainey Ejiasa | officer: President | 1290 BROADWAY, SUITE 1000, DENVER CO 80203 |
Dylan Riter Mikel | other: Assistant Treasurer | 2921 SOUTH COORS DRIVE, LAKEWOOD CO 80228 |
Adams Nicholas | other: Secretary | 1055 BROADWAY, 3RD FL, KANSAS CITY MT 64105 |
Ryan Johanson | officer: Treasurer | 1290 BROADWAY SUITE 1000, DENVER CO 80203 |
Alex James Marks | officer: Assistant Secretary | 1290 BROADWAY, SUITE 1000, DENVER CO 80203 |
Erich Rettinger | officer: Treasurer | 1290 BROADWAY SUITE 1100, DENVER CO 80203 |
Michael Jason Hearle | other: Person affiliated with Inv Adv | 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109 |
Kevin Joseph Mcnally | officer: Trustee | 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109 |
Kelly Mcewen | officer: Treasurer | 5050 S. SYRACUSE ST., SUITE 1100, DENVER CO 80237 |
Karen Ann Digravio | other: Trustee | 1700 BROADWAY, SUITE 1850, DENVER CO 80290 |
Jerry G Rutledge | director | 2745 SPRINGMEDE COURT, COLORADO SPRINGS CO 80906 |
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