Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
SRH Total Return Fund,STEW -0.16%54 Debt-to-Equity is 0.10 as of Nov. 2025, which is 29% below its 10-year median of 0.14. GuruFocus rates STEW with a GF Score™ of 54/100 and a GF Value™ of $21.15 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 962 Asset Management companies, SRH Total Return Fund, ranks better than 69.13% 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.
The historical rank and industry rank for SRH Total Return Fund,'s Debt-to-Equity or its related term are showing as below:
STEW'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.14 Max: 0.17
Current: 0.1
During the past 9 years, the highest Debt-to-Equity Ratio of SRH Total Return Fund, was 0.17. The lowest was 0.04. And the median was 0.14.
STEW's Debt-to-Equity is ranked better than 69.13% of 962
companies
in the Asset Management industry
Industry Median: 0.21
vs STEW: 0.10
SRH Total Return Fund, (NYSE:STEW) 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.
SRH Total Return Fund, Debt-to-Equity Related Terms
SRH Total Return Fund, Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for SRH Total Return 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.
For the Asset Management subindustry, SRH 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.
SRH Total Return Fund, Debt-to-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, SRH Total Return Fund,'s Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where SRH 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.
SRH Total Return Fund, (STEW) has a Debt-to-Equity of 0.10 as of Nov. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on SRH Total Return Fund, and its competitors. This is 29% below median its historical median of 0.14. Over the past decade, SRH Total Return Fund,'s Debt-to-Equity has ranged from 0.04 to 0.17. According to the industry distribution chart, SRH Total Return Fund, ranks #297 out of 962 companies in the Asset Management industry, placing it in the top 30.9%.
Is SRH Total Return Fund,'s Debt-to-Equity too high?
SRH Total Return Fund,'s current Debt-to-Equity of 0.10 is 29% below median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.17. The Asset Management industry median Debt-to-Equity is 0.21. SRH Total Return Fund,'s value of 0.10 is 52.4% below this industry median. Based on the distribution chart, SRH Total Return Fund, ranks #297 out of 962 companies in the Asset Management industry, which is above the industry midpoint. Overall, SRH Total Return Fund, has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SRH Total Return Fund,'s Debt-to-Equity compare to ETV and RQI?
According to the Asset Management industry distribution chart, SRH Total Return Fund, ranks #297 out of 962 companies for Debt-to-Equity. This puts SRH Total Return Fund, in the upper half of its industry. The industry median Debt-to-Equity is 0.21. SRH Total Return Fund,'s value of 0.10 is 52.4% below this benchmark. Historically, SRH Total Return Fund,'s own Debt-to-Equity has ranged from 0.04 to 0.17 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 0.21, SRH Total Return Fund, has consistently been below 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. SRH Total Return Fund,'s current Debt-to-Equity of 0.10 is 52.4% below 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 SRH 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. SRH Total Return Fund,'s current Debt-to-Equity is 0.10, which is 29% below median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SRH Total Return Fund, stock overvalued right now?
Based on GuruFocus' analysis, SRH Total Return Fund, (STEW) is currently considered Modestly Undervalued. The stock's GF Value™ is $21.15, compared to a current price of $18.23 — trading 13.8% below its estimated fair value. The current Debt-to-Equity is 0.10, which is 29% below median its 10-year median of 0.14 and 52.4% below the Asset Management industry median of 0.21. SRH Total Return Fund,'s overall GF Score™ is 54/100 with 4 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 SRH Total Return Fund, (STEW), the current Debt-to-Equity is 0.10 as of Nov. 2025. 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 SRH Total Return Fund, (STEW) Overvalued in 2026?
Based on GuruFocus' analysis, SRH Total Return Fund, stock appears to be undervalued.
The current stock price of $18.23 is trading 13.8% below its estimated GF Value™ of $21.15.
GuruFocus considers SRH Total Return Fund, to be Modestly Undervalued.
Key valuation signals for STEW:
Debt-to-Equity: 0.10 (29% below median its 10-year median of 0.14)
GF Value™: $21.15 vs. price of $18.23 (13.8% below fair value)
Industry Position: 52.4% below the Asset Management median (#297 of 962)
No single metric tells the full story. See the STEW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SRH Total Return Fund, Inc. is a non-diversified closed-end management investment company. The company's investment objective is to seek total returns. Its fund utilizes a bottom-up, value-driven investment process to identify securities of good quality businesses trading below estimated intrinsic value. The Funds are available as an actively-managed closed-end fund, an actively managed ETF and a passively-managed ETF.
54GF Score
Get the complete analysis for STEW
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
STEW has been successfully added to your 
