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Destra Multi-Alternative FundDMA -0.39%23 Equity-to-Asset is 0.88 as of Mar. 2026, which is 5% above its 10-year median of 0.84. GuruFocus rates DMA with a GF Score™ of 23/100. The stock has 1 warning sign investors should review. Among 1,628 Asset Management companies, Destra Multi-Alternative Fund ranks better than 57% on this metric.
Destra Multi-Alternative Fund (NYSE:DMA) 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%.
Destra Multi-Alternative Fund Equity-to-Asset Related Terms
Destra Multi-Alternative 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.
Destra Multi-Alternative Fund Equity-to-Asset Chart
For the Asset Management subindustry, Destra Multi-Alternative 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.
Destra Multi-Alternative Fund Equity-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Destra Multi-Alternative Fund's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Destra Multi-Alternative Fund's Equity-to-Asset falls into.
Destra Multi-Alternative 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.
* 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.
Destra Multi-Alternative Fund (DMA) has a Equity-to-Asset of 0.88 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Destra Multi-Alternative Fund and its competitors. This is near median its historical median of 0.84. Over the past decade, Destra Multi-Alternative Fund's Equity-to-Asset has ranged from 0.83 to 0.88. According to the industry distribution chart, Destra Multi-Alternative Fund ranks #700 out of 1628 companies in the Asset Management industry, placing it in the top 43%.
Is Destra Multi-Alternative Fund's Equity-to-Asset too high?
Destra Multi-Alternative Fund's current Equity-to-Asset of 0.88 is near median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 0.88. The Asset Management industry median Equity-to-Asset is 0.83. Destra Multi-Alternative Fund's value of 0.88 is 6% above this industry median. Based on the distribution chart, Destra Multi-Alternative Fund ranks #700 out of 1628 companies in the Asset Management industry, which is above the industry midpoint. Overall, Destra Multi-Alternative Fund has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Destra Multi-Alternative Fund's Equity-to-Asset compare to PGZ and OCCI?
According to the Asset Management industry distribution chart, Destra Multi-Alternative Fund ranks #700 out of 1628 companies for Equity-to-Asset. This puts Destra Multi-Alternative Fund in the upper half of its industry. The industry median Equity-to-Asset is 0.83. Destra Multi-Alternative Fund's value of 0.88 is 6% above this benchmark. Historically, Destra Multi-Alternative Fund's own Equity-to-Asset has ranged from 0.83 to 0.88 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 0.83, Destra Multi-Alternative Fund has consistently been above 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 1,628 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. Destra Multi-Alternative Fund's current Equity-to-Asset of 0.88 is 6% above 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 Destra Multi-Alternative 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. Destra Multi-Alternative Fund's current Equity-to-Asset is 0.88, which is near median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Destra Multi-Alternative Fund stock overvalued right now?
Destra Multi-Alternative Fund (DMA) has a current Equity-to-Asset of 0.88. The current Equity-to-Asset is 0.88, which is near median its 10-year median of 0.84 and 6% above the Asset Management industry median of 0.83. Destra Multi-Alternative Fund's overall GF Score™ is 23/100 with 1 warning sign 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 Destra Multi-Alternative Fund (DMA), the current Equity-to-Asset is 0.88 as of Mar. 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.
Destra Multi-Alternative Fund is a non-diversified, closed-end management investment company that operates as an interval fund with a continuous offering of fund shares. The investment objective of the fund is to seek returns from capital appreciation and income, with an emphasis on income generation. The Fund pursues its investment objective by investing mainly in the income-producing securities of real estate investment trusts (REITs) and alternative investment funds, as well as common stocks and structured notes, bonds, and asset-backed securities.
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