Redwood Monthlyome Fund (TSX:VIP.UN) Debt-to-Equity: 0.00 (As of Dec. 2017)


What is Redwood Monthlyome Fund Debt-to-Equity?

Redwood Monthlyome Fund TSX:VIP.UN Debt-to-Equity is 0.00 as of Dec. 2017.

Redwood Monthlyome Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was C$0.00 Mil. Redwood Monthlyome Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was C$0.00 Mil. Redwood Monthlyome Fund's Total Stockholders Equity for the quarter that ended in Dec. 2017 was C$130.72 Mil. Redwood Monthlyome Fund's debt to equity for the quarter that ended in Dec. 2017 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 Redwood Monthlyome Fund's Debt-to-Equity or its related term are showing as below:

TSX:VIP.UN's Debt-to-Equity is not ranked *
in the Asset Management industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Redwood Monthlyome Fund  (TSX:VIP.UN) 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.

Redwood Monthlyome Fund Debt-to-Equity Related Terms

Redwood Monthlyome Fund Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Redwood Monthlyome 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.

Redwood Monthlyome Fund Debt-to-Equity Chart

Redwood Monthlyome Fund Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.11 0.00 0.00 0.00

Redwood Monthlyome Fund Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

TSX:VIP.UN vs MDLY, GARS, ICMB: Debt-to-Equity Comparison

For the Asset Management subindustry, Redwood Monthlyome 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.

Redwood Monthlyome Fund Debt-to-Equity vs Asset Management Industry

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

* The bar in red indicates where Redwood Monthlyome Fund's Debt-to-Equity falls into.


Redwood Monthlyome Fund Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Redwood Monthlyome Fund's Debt to Equity Ratio for the fiscal year that ended in Dec. 2017 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) / 130.716
=0.00

Redwood Monthlyome Fund's Debt to Equity Ratio for the quarter that ended in Dec. 2017 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) / 130.716
=0.00

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.00 mean?
Redwood Monthlyome Fund (TSX:VIP.UN) has a Debt-to-Equity of 0.00 as of Dec. 2017. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Redwood Monthlyome Fund and its competitors.
Is Redwood Monthlyome Fund's Debt-to-Equity too high?
Redwood Monthlyome Fund's current Debt-to-Equity is 0.00.
How does Redwood Monthlyome Fund's Debt-to-Equity compare to MDLY and GARS?
Redwood Monthlyome Fund's Debt-to-Equity of 0.00 can be compared against companies in the Asset Management industry. The industry median Debt-to-Equity is 0.21. 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 967 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. 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 Redwood Monthlyome 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. Redwood Monthlyome Fund's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Redwood Monthlyome Fund stock overvalued right now?
Redwood Monthlyome Fund (TSX:VIP.UN) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. 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 Redwood Monthlyome Fund (TSX:VIP.UN), the current Debt-to-Equity is 0.00 as of Dec. 2017. 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.

Redwood Monthlyome Fund Business Description

Address 130 Adelaide Street West, Suite 1700, P.O. Box 83, Toronto, ON, CAN, M5H 3P5
Redwood Monthly Income Fund is a closed-end investment trust. Its investment objectives are to provide Unitholders with the benefits of a high level of monthly income, together with the opportunity for capital appreciation. The Fund seeks to achieve its Investment Objectives through active asset and sector allocation and by investing in those income-producing securities that the Sub-Advisor believes represent the weighting to achieve the Investment Objectives. The Fund has exposure to a diversified portfolio consisting of income-producing securities, including but not limited to income trusts, dividend-paying common shares, convertible debt, preferred shares and investment-grade fixed income investments.