Virtus Artificial Intelligence & Technology Opportunities Fund Equity-to-Asset : 0.84 (As of Jan. 2024)

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What is Virtus Artificial Intelligence & Technology Opportunities Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Virtus Artificial Intelligence & Technology Opportunities Fund's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $707.74 Mil. Virtus Artificial Intelligence & Technology Opportunities Fund's Total Assets for the quarter that ended in Jan. 2024 was $844.28 Mil. Therefore, Virtus Artificial Intelligence & Technology Opportunities Fund's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.84.

The historical rank and industry rank for Virtus Artificial Intelligence & Technology Opportunities Fund's Equity-to-Asset or its related term are showing as below:

AIO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.82 Med: 0.94 Max: 0.96
Current: 0.84

During the past 5 years, the highest Equity to Asset Ratio of Virtus Artificial Intelligence & Technology Opportunities Fund was 0.96. The lowest was 0.82. And the median was 0.94.

AIO's Equity-to-Asset is ranked better than
51.91% of 1726 companies
in the Asset Management industry
Industry Median: 0.83 vs AIO: 0.84

Virtus Artificial Intelligence & Technology Opportunities Fund Equity-to-Asset Historical Data

The historical data trend for Virtus Artificial Intelligence & Technology Opportunities 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 Artificial Intelligence & Technology Opportunities Fund Equity-to-Asset Chart

Virtus Artificial Intelligence & Technology Opportunities Fund Annual Data

Trend

Feb20

Feb21

Jan22

Jan23

Jan24

Equity-to-Asset

0.96

0.95

0.94

0.82

0.84

Virtus Artificial Intelligence & Technology Opportunities Fund Semi-Annual Data
	Feb20	Aug20	Feb21	Aug21	Jul22	Jan23	Jul23	Jan24
Equity-to-Asset	Get a 7-Day Free Trial			0.96	0.83	0.82	0.82	0.84

Competitive Comparison of Virtus Artificial Intelligence & Technology Opportunities Fund's Equity-to-Asset

For the Asset Management subindustry, Virtus Artificial Intelligence & Technology Opportunities 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 Artificial Intelligence & Technology Opportunities Fund's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Artificial Intelligence & Technology Opportunities Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Virtus Artificial Intelligence & Technology Opportunities Fund's Equity-to-Asset falls into.

Virtus Artificial Intelligence & Technology Opportunities 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 Artificial Intelligence & Technology Opportunities Fund's Equity to Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Equity to Asset (A: Jan. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	707.738	/	844.28
	=	0.84

Virtus Artificial Intelligence & Technology Opportunities Fund's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	707.738	/	844.28
	=	0.84

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) 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 Artificial Intelligence & Technology Opportunities Fund Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Virtus Artificial Intelligence & Technology Opportunities Fund's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Virtus Artificial Intelligence & Technology Opportunities Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Munson Street, Greenfield, MA, USA, 01301

Website

https://www.allianzinvestors.com

AllianzGI Artificial Intelligence & Technology Opportunities Fund is a newly organized, diversified, limited term closed-end management investment company. The fund's investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation.

Executives

Mcdaniel Connie D	director	C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Donald C Burke	director	C/O BLACKROCK FINANCIAL MANAGEMENT, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
Geraldine M Mcnamara	director	150 EAST 44TH ST, APT 35G, NEW YORK NY 10017
Voya Investment Management Co	other: Subadviser to the issuer	10 STATE HOUSE SQUARE, SH12, HARTFORD CT 06103-3602
Paul Zemsky	other: CIO-Subadviser to the issuer	230 PARK AVENUE, NEW YORK NY 10169
Vincent J Costa	other: CIO-Subadviser to the issuer	800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Christine Hurtsellers	other: CEO - Subadviser to the issuer	230 PARK AVENUE, NEW YORK NY 10169
R Keith Walton	director	100 PEARL STREET, HARTFORD CT 06103
Deborah A Decotis	director	1633 BROADWAY, NEW YORK NY 10019
Philip R Mcloughlin	director	800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536
David J. Oberto	officer: Portfolio Manager	1633 BROADWAY, NEW YORK NY 10019
Sarah E Cogan	director	1633 BROADWAY, NEW YORK NY 10019
Brian T Zino	director	100 PARK AVENUE, NEW YORK NY 10017
George R Aylward	director, officer: President and CEO	C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
James S Macleod	director	250 E KILBOURN AVE, MILWAUKEE WI 53202