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Virtus Stone Harbor Emerging Marketsome Fund (Virtus Stone Harbor Emerging Marketsome Fund) Equity-to-Asset : 0.78 (As of Nov. 2023)


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What is Virtus Stone Harbor Emerging Marketsome Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Virtus Stone Harbor Emerging Marketsome Fund's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $73.91 Mil. Virtus Stone Harbor Emerging Marketsome Fund's Total Assets for the quarter that ended in Nov. 2023 was $94.94 Mil. Therefore, Virtus Stone Harbor Emerging Marketsome Fund's Equity to Asset Ratio for the quarter that ended in Nov. 2023 was 0.78.

The historical rank and industry rank for Virtus Stone Harbor Emerging Marketsome Fund's Equity-to-Asset or its related term are showing as below:

EDF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61   Med: 0.68   Max: 0.93
Current: 0.78

During the past 7 years, the highest Equity to Asset Ratio of Virtus Stone Harbor Emerging Marketsome Fund was 0.93. The lowest was 0.61. And the median was 0.68.

EDF's Equity-to-Asset is ranked worse than
54.8% of 1719 companies
in the Asset Management industry
Industry Median: 0.83 vs EDF: 0.78

Virtus Stone Harbor Emerging Marketsome Fund Equity-to-Asset Historical Data

The historical data trend for Virtus Stone Harbor Emerging Marketsome Fund's Equity-to-Asset 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.

Virtus Stone Harbor Emerging Marketsome Fund Equity-to-Asset Chart

Virtus Stone Harbor Emerging Marketsome Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Equity-to-Asset
Get a 7-Day Free Trial 0.93 0.68 0.63 0.61 0.78

Virtus Stone Harbor Emerging Marketsome Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.63 0.60 0.61 0.67 0.78

Competitive Comparison of Virtus Stone Harbor Emerging Marketsome Fund's Equity-to-Asset

For the Asset Management subindustry, Virtus Stone Harbor Emerging Marketsome Fund's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Virtus Stone Harbor Emerging Marketsome Fund's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Stone Harbor Emerging Marketsome Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Virtus Stone Harbor Emerging Marketsome Fund's Equity-to-Asset falls into.



Virtus Stone Harbor Emerging Marketsome Fund Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Virtus Stone Harbor Emerging Marketsome Fund's Equity to Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Equity to Asset (A: Nov. 2023 )=Total Stockholders Equity/Total Assets
=73.906/94.942
=0.78

Virtus Stone Harbor Emerging Marketsome Fund's Equity to Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

Equity to Asset (Q: Nov. 2023 )=Total Stockholders Equity/Total Assets
=73.906/94.942
=0.78

* 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.


Virtus Stone Harbor Emerging Marketsome Fund  (NYSE:EDF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Virtus Stone Harbor Emerging Marketsome Fund Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Virtus Stone Harbor Emerging Marketsome Fund's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Virtus Stone Harbor Emerging Marketsome Fund (Virtus Stone Harbor Emerging Marketsome Fund) Business Description

Traded in Other Exchanges
N/A
Address
101 Munson Street, Greenfield, MA, USA, 01301-9683
Virtus Stone Harbor Emerging Markets Income Fund is a closed-end management investment company. Its investment objective is to maximize total return, which consists of income from its investments and capital appreciation. The Fund invests in fixed income securities and other instruments.
Executives
Brian T Zino director 100 PARK AVENUE, NEW YORK NY 10017
Donald C Burke director C/O BLACKROCK FINANCIAL MANAGEMENT, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
John R Mallin director C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Mcdaniel Connie D director C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Richard W Smirl officer: EVP C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, HARTFORD CT 06103
F Ford Drummond director 100 N BROADWAY, OKLAHOMA CITY OK 73102
George R Aylward director, officer: President and CEO C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Bradley William Patrick Iii officer: EVP, CFO and Treasurer C/O VIRTUS INVESTMENT PARTNERS, INC., 56 PROSPECT STREET, HARTFORD CT 06115
Sidney E Harris director C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
R Keith Walton director 100 PEARL STREET, HARTFORD CT 06103
Geraldine M Mcnamara director 150 EAST 44TH ST, APT 35G, NEW YORK NY 10017
Philip R Mcloughlin director 800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536
Deborah A Decotis director 1633 BROADWAY, NEW YORK NY 10019
Sarah E Cogan director 1633 BROADWAY, NEW YORK NY 10019
Heath B Mclendon other: Trustee

Virtus Stone Harbor Emerging Marketsome Fund (Virtus Stone Harbor Emerging Marketsome Fund) Headlines