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Advent Convertible &ome FundAVK -0.04%30 Equity-to-Asset is 0.62 as of Apr. 2026, which is 7% above its 10-year median of 0.58. GuruFocus rates AVK with a GF Score™ of 30/100. The stock has 5 warning signs investors should review. Among 1,634 Asset Management companies, Advent Convertible &ome Fund ranks worse than 71.42% on this metric.
Advent Convertible &ome Fund (NYSE:AVK) 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%.
Advent Convertible &ome Fund Equity-to-Asset Related Terms
Advent Convertible &ome Fund Equity-to-Asset Historical Data
* 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.
Advent Convertible &ome Fund Equity-to-Asset Chart
For the Asset Management subindustry, Advent Convertible &ome 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.
Advent Convertible &ome Fund Equity-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Advent Convertible &ome Fund's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Advent Convertible &ome Fund's Equity-to-Asset falls into.
Advent Convertible &ome 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.
Advent Convertible &ome Fund's Equity to Asset Ratio for the fiscal year that ended in Oct. 2025 is calculated as
* 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.
Advent Convertible &ome Fund (AVK) has a Equity-to-Asset of 0.62 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Advent Convertible &ome Fund and its competitors. This is near median its historical median of 0.58. Over the past decade, Advent Convertible &ome Fund's Equity-to-Asset has ranged from 0.51 to 0.68. According to the industry distribution chart, Advent Convertible &ome Fund ranks #1167 out of 1634 companies in the Asset Management industry, placing it in the top 71.4%.
Is Advent Convertible &ome Fund's Equity-to-Asset too high?
Advent Convertible &ome Fund's current Equity-to-Asset of 0.62 is near median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 0.68. The Asset Management industry median Equity-to-Asset is 0.83. Advent Convertible &ome Fund's value of 0.62 is 25.3% below this industry median. Based on the distribution chart, Advent Convertible &ome Fund ranks #1167 out of 1634 companies in the Asset Management industry, which is below the industry midpoint. Overall, Advent Convertible &ome Fund has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Advent Convertible &ome Fund's Equity-to-Asset compare to CHW and DPG?
According to the Asset Management industry distribution chart, Advent Convertible &ome Fund ranks #1167 out of 1634 companies for Equity-to-Asset. This places Advent Convertible &ome Fund in the lower half of its industry. The industry median Equity-to-Asset is 0.83. Advent Convertible &ome Fund's value of 0.62 is 25.3% below this benchmark. Historically, Advent Convertible &ome Fund's own Equity-to-Asset has ranged from 0.51 to 0.68 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.83, Advent Convertible &ome 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 Equity-to-Asset for an Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.83, based on 1,634 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Advent Convertible &ome Fund's current Equity-to-Asset of 0.62 is 25.3% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Advent Convertible &ome Fund and its competitors. For the Asset Management industry, the median Equity-to-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advent Convertible &ome Fund's current Equity-to-Asset is 0.62, which is near median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advent Convertible &ome Fund stock overvalued right now?
Advent Convertible &ome Fund (AVK) has a current Equity-to-Asset of 0.62. The current Equity-to-Asset is 0.62, which is near median its 10-year median of 0.58 and 25.3% below the Asset Management industry median of 0.83. Advent Convertible &ome Fund's overall GF Score™ is 30/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Advent Convertible &ome Fund (AVK), the current Equity-to-Asset is 0.62 as of Apr. 2026. 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.
Advent Convertible & Income Fund is a diversified, closed-end management investment company. The fund's investment objective is to provide total return through a combination of capital appreciation and current income. The Fund invests in various sectors, such as communications, utilities, energy, industrial, technology, and others.
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