Miller/Howard Highome Equity Fund (Miller/Howard Highome Equity Fund) Debt-to-Equity : 0.00 (As of Oct. 2023)

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What is Miller/Howard Highome Equity Fund Debt-to-Equity?

Miller/Howard Highome Equity Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $0.00 Mil. Miller/Howard Highome Equity Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $0.00 Mil. Miller/Howard Highome Equity Fund's Total Stockholders Equity for the quarter that ended in Oct. 2023 was $194.01 Mil. Miller/Howard Highome Equity Fund's debt to equity for the quarter that ended in Oct. 2023 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 Miller/Howard Highome Equity Fund's Debt-to-Equity or its related term are showing as below:

HIE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.23 Max: 0.25
Current: 0.07

During the past 7 years, the highest Debt-to-Equity Ratio of Miller/Howard Highome Equity Fund was 0.25. The lowest was 0.20. And the median was 0.23.

HIE's Debt-to-Equity is ranked better than
78.19% of 1018 companies
in the Asset Management industry
Industry Median: 0.19 vs HIE: 0.07

Miller/Howard Highome Equity Fund Debt-to-Equity Historical Data

The historical data trend for Miller/Howard Highome 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.

* Premium members only.

Miller/Howard Highome Equity Fund Debt-to-Equity Chart

Miller/Howard Highome Equity Fund Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-Equity

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0.20

0.25

0.22

Miller/Howard Highome Equity Fund Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-Equity	Get a 7-Day Free Trial								0.25	0.25	0.22	0.07	-

Competitive Comparison of Miller/Howard Highome Equity Fund's Debt-to-Equity

For the Asset Management subindustry, Miller/Howard Highome 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.

Miller/Howard Highome Equity Fund's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Miller/Howard Highome Equity Fund's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Miller/Howard Highome Equity Fund's Debt-to-Equity falls into.

Miller/Howard Highome Equity Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Miller/Howard Highome 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	+	0)	/	194.014
	=	0.00

Miller/Howard Highome Equity Fund's Debt to Equity Ratio for the quarter 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	+	0)	/	194.014
	=	0.00

Miller/Howard Highome Equity Fund (NYSE:HIE) 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.

Miller/Howard Highome Equity Fund Debt-to-Equity Related Terms

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

Miller/Howard Highome Equity Fund (Miller/Howard Highome Equity Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Miller/Howard High Income Equity Fund (NYSE:HIE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

45 Pine Grove Avenue, Suite 301, Kingston, NY, USA, 12401

Website

https://www.mhinvest.com

Miller/Howard High Income Equity Fund is a closed-end, diversified management investment company. The fund's primary investment objective is to seek a high level of current income with a secondary objective of capital appreciation. It invests under normal market conditions, a majority of its total assets in dividend or distribution paying equity securities of U.S. companies and non-U.S. companies traded on U.S. exchanges. Its portfolio of investments consists of securities of different sectors such as Natural Gas Transmission, Real Estate Investment Trusts, Petroleum Refining, Oil and Gas Extraction, Electric Services and others.

Executives

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
Paul Charles Kazarian	director	C/O SABA CAPITAL MANAGEMENT, L.P., 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
James E Hillman	director	10 DIXON AVENUE, WOODSTOCK NY 12498
Eva M Horowitz	officer: Secretary	45 PINE GROVE AVENUE, SUITE 301, KINGSTON NY 12401
Sacco Mayra	director	10 DIXON AVE, WOODSTOCK NY 12498
Catherine Mari Johnston	director, officer: President	10 DIXON AVE, WOODSTOCK NY 12498
Dana Troxell	officer: President	C/O MILLER/HOWARD HIGH EQUITY INCOME FND, P.O. BOX 549, WOODSTOCK NY 12498
Lowell Miller	officer: Chief Executive Officer	PO BOX 549, WOODSTOCK NY 12498
Roger Conrad	director	3516 HALCYON DRIVE, ALEXANDRIA VA 22305
Charles I Leone	director	C/O US WIRELESS DATA INC, 805 THIRD AVENUE, NEW YORK NY 10022
Paul Brook	officer: Chief Compliance Officer	MILLER/HOWARD HIGH EQUITY INCOME FUND, P.O. BOX 549, WOODSTOCK NY 12498
Helen Hamada	officer: Chief Financial Officer	PO BOX 549, WOODSTOCK NY 12498
Annemarie Gilly	officer: Chief Operating Officer	PO BOX 549, WOODSTOCK NY 12498
Leslie John E Iii	officer: Vice President	MILLER/HOWARD HIGH EQUITY INCOME FUND, P.O. BOX 549, WOODSTOCK NY 12498