MCN (XAI Madison Equity Premiumome Fund) Debt-to-Equity : 0.00 (As of Jun. 2024)

View and export this data going back to 2004. Start your Free Trial

What is XAI Madison Equity Premiumome Fund Debt-to-Equity?

XAI Madison Equity Premiumome Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.00 Mil. XAI Madison Equity Premiumome Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $0.00 Mil. XAI Madison Equity Premiumome Fund's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $142.81 Mil. XAI Madison Equity Premiumome Fund's debt to equity for the quarter that ended in Jun. 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 XAI Madison Equity Premiumome Fund's Debt-to-Equity or its related term are showing as below:

MCN's Debt-to-Equity is not ranked ^*
in the Asset Management industry.
Industry Median: 0.2
* Ranked among companies with meaningful Debt-to-Equity only.

XAI Madison Equity Premiumome Fund Debt-to-Equity Historical Data

The historical data trend for XAI Madison Equity Premiumome 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.

XAI Madison Equity Premiumome Fund Debt-to-Equity Chart

XAI Madison Equity Premiumome Fund Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

XAI Madison Equity Premiumome Fund Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial									-	-	-	-	-

Competitive Comparison of XAI Madison Equity Premiumome Fund's Debt-to-Equity

For the Asset Management subindustry, XAI Madison Equity Premiumome 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.

XAI Madison Equity Premiumome Fund's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, XAI Madison Equity Premiumome Fund's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where XAI Madison Equity Premiumome Fund's Debt-to-Equity falls into.

XAI Madison Equity Premiumome Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

XAI Madison Equity Premiumome Fund's Debt to Equity Ratio for the fiscal year that ended in Dec. 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)	/	148.631
	=	0.00

XAI Madison Equity Premiumome Fund's Debt to Equity Ratio for the quarter that ended in Jun. 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	+	0)	/	142.807
	=	0.00

XAI Madison Equity Premiumome Fund (NYSE:MCN) 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.

XAI Madison Equity Premiumome Fund Debt-to-Equity Related Terms

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

XAI Madison Equity Premiumome Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » XAI Madison Equity Premium Income Fund (NYSE:MCN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

550 Science Drive, Madison, WI, USA, 53711

Website

https://www.madisonfunds.com

Madison Covrd Call & Eqt Strtg Fd is a diversified, closed-end management investment company. The primary objective is to provide a high level of current income and current gains. Its secondary objective is to achieve long-term capital appreciation. The fund seeks to achieve its objectives by investing in large and mid-capitalization common stocks. Its portfolio of investments consists of different sectors investment such as consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, real estate, utilities, exchange-traded funds, U.S. government and agency obligations, and money market funds.

Executives

Jill M Friedow	director	550 SCIENCE DR, MADISON WI 53711
Imhoff James R Jr	other: Former Director	550 SCIENCE DRIVE, MADISON WI 53711
Scott C Jones	director	C/O XA INVESTMENTS, 1290 BROADWAY STE 1100, DENVER CO 80203
Patrick F Ryan	officer: President	MADISON ASSET MANAGEMENT, LLC, 550 SCIENCE DRIVE, MADISON WI 53711
Steven J Fredricks	officer: CCO	MADISON ASSET MANAGEMENT, LLC, 550 SCIENCE DRIVE, MADISON WI 53711
Richard E Struthers	director	2340 WEST COUNTY ROAD C, SAINT PAUL MN 55113-2528
Kevin S Thompson	officer: Chief Legal Officer	MADISON ASSET MANAGEMENT, LLC, 550 SCIENCE DRIVE, MADISON WI 53711
George W Karpus	10 percent owner
Karpus Management, Inc.	10 percent owner	183 SULLY'S TRAIL, PITTSFORD NY 14534
Steven Paul Riege	director	11613 N LAFAYETTE PLACE, MEQUON WI 53092
Lisa R Lange	officer: CCO	MADISON ASSET MANAGEMENT, LLC, 550 SCIENCE DRIVE, MADISON WI 53711
Pamela Marie Krill	officer: CLO and General Counsel	550 SCIENCE DRIVE, MADISON WI 53562
Holly S Baggot	officer: Secretary and Asst Treasurer	550 SCIENCE DRIVE, MADISON WI 53711
Paul Anthony Lefurgey	officer: Vice President	1817 AUTUMN HILL DRIVE, VERONA WI 53593
Wayne Richard Mason	officer: CCO	2002 E PALMAIRE AVE, PHOENIX AZ 85020