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DTF Tax-Freeome 2028 Term FundDTF -0.17%55 Equity-to-Asset is 0.97 as of Apr. 2026, which is 45% above its 10-year median of 0.67. GuruFocus rates DTF with a GF Score™ of 55/100 and a GF Value™ of $12.23 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,628 Asset Management companies, DTF Tax-Freeome 2028 Term Fund ranks better than 78.19% on this metric.
DTF Tax-Freeome 2028 Term Fund (NYSE:DTF) 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%.
DTF Tax-Freeome 2028 Term Fund Equity-to-Asset Related Terms
DTF Tax-Freeome 2028 Term 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.
DTF Tax-Freeome 2028 Term Fund Equity-to-Asset Chart
For the Asset Management subindustry, DTF Tax-Freeome 2028 Term 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.
DTF Tax-Freeome 2028 Term Fund Equity-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, DTF Tax-Freeome 2028 Term Fund's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where DTF Tax-Freeome 2028 Term Fund's Equity-to-Asset falls into.
DTF Tax-Freeome 2028 Term 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.
DTF Tax-Freeome 2028 Term Fund (DTF) has a Equity-to-Asset of 0.97 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on DTF Tax-Freeome 2028 Term Fund and its competitors. This is 45% above median its historical median of 0.67. Over the past decade, DTF Tax-Freeome 2028 Term Fund's Equity-to-Asset has ranged from 0.56 to 1.00. According to the industry distribution chart, DTF Tax-Freeome 2028 Term Fund ranks #355 out of 1628 companies in the Asset Management industry, placing it in the top 21.8%.
Is DTF Tax-Freeome 2028 Term Fund's Equity-to-Asset too high?
DTF Tax-Freeome 2028 Term Fund's current Equity-to-Asset of 0.97 is 45% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 1.00. The Asset Management industry median Equity-to-Asset is 0.83. DTF Tax-Freeome 2028 Term Fund's value of 0.97 is 16.9% above this industry median. Based on the distribution chart, DTF Tax-Freeome 2028 Term Fund ranks #355 out of 1628 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, DTF Tax-Freeome 2028 Term Fund has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DTF Tax-Freeome 2028 Term Fund's Equity-to-Asset compare to VGI and DFDV?
According to the Asset Management industry distribution chart, DTF Tax-Freeome 2028 Term Fund ranks #355 out of 1628 companies for Equity-to-Asset. This places DTF Tax-Freeome 2028 Term Fund in the top 22% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.83. DTF Tax-Freeome 2028 Term Fund's value of 0.97 is 16.9% above this benchmark. Historically, DTF Tax-Freeome 2028 Term Fund's own Equity-to-Asset has ranged from 0.56 to 1.00 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 0.83, DTF Tax-Freeome 2028 Term 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. DTF Tax-Freeome 2028 Term Fund's current Equity-to-Asset of 0.97 is 16.9% 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 DTF Tax-Freeome 2028 Term 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. DTF Tax-Freeome 2028 Term Fund's current Equity-to-Asset is 0.97, which is 45% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DTF Tax-Freeome 2028 Term Fund stock overvalued right now?
Based on GuruFocus' analysis, DTF Tax-Freeome 2028 Term Fund (DTF) is currently considered Fairly Valued. The stock's GF Value™ is $12.23, compared to a current price of $11.51 — trading 5.9% below its estimated fair value. The current Equity-to-Asset is 0.97, which is 45% above median its 10-year median of 0.67 and 16.9% above the Asset Management industry median of 0.83. DTF Tax-Freeome 2028 Term Fund's overall GF Score™ is 55/100 with 6 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 DTF Tax-Freeome 2028 Term Fund (DTF), the current Equity-to-Asset is 0.97 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.
Is DTF Tax-Freeome 2028 Term Fund (DTF) Overvalued in 2026?
Based on GuruFocus' analysis, DTF Tax-Freeome 2028 Term Fund stock appears to be undervalued.
The current stock price of $11.51 is trading 5.9% below its estimated GF Value™ of $12.23.
GuruFocus considers DTF Tax-Freeome 2028 Term Fund to be Fairly Valued.
Key valuation signals for DTF:
Equity-to-Asset: 0.97 (45% above median its 10-year median of 0.67)
GF Value™: $12.23 vs. price of $11.51 (5.9% below fair value)
Industry Position: 16.9% above the Asset Management median (#355 of 1628)
No single metric tells the full story. See the DTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DTF Tax-Free Income 2028 Term Fund Inc is a diversified closed-end management investment company. The Fund's investment objective is current income exempt from regular federal income tax consistent with the preservation of capital. It seeks to achieve its investment objective by investing mainly in a diversified portfolio of investment-grade tax-exempt obligations.
55GF Score
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