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DUFF & PHELPS UTILITYRPORATE BOND TRUST (DUFF & PHELPS UTILITYRPORATE BOND TRUST) Equity-to-Asset : 0.71 (As of Oct. 2020)


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What is DUFF & PHELPS UTILITYRPORATE BOND TRUST Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. DUFF & PHELPS UTILITYRPORATE BOND TRUST's Total Stockholders Equity for the quarter that ended in Oct. 2020 was $262.48 Mil. DUFF & PHELPS UTILITYRPORATE BOND TRUST's Total Assets for the quarter that ended in Oct. 2020 was $367.83 Mil. Therefore, DUFF & PHELPS UTILITYRPORATE BOND TRUST's Equity to Asset Ratio for the quarter that ended in Oct. 2020 was 0.71.

The historical rank and industry rank for DUFF & PHELPS UTILITYRPORATE BOND TRUST's Equity-to-Asset or its related term are showing as below:

DUC's Equity-to-Asset is not ranked *
in the Asset Management industry.
Industry Median: 0.83
* Ranked among companies with meaningful Equity-to-Asset only.

DUFF & PHELPS UTILITYRPORATE BOND TRUST Equity-to-Asset Historical Data

The historical data trend for DUFF & PHELPS UTILITYRPORATE BOND TRUST'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.

DUFF & PHELPS UTILITYRPORATE BOND TRUST Equity-to-Asset Chart

DUFF & PHELPS UTILITYRPORATE BOND TRUST Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20
Equity-to-Asset
0.69 0.68 0.70 0.71 0.71

DUFF & PHELPS UTILITYRPORATE BOND TRUST Semi-Annual Data
Oct16 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20
Equity-to-Asset Get a 7-Day Free Trial 0.70 0.71 0.71 0.71 0.71

Competitive Comparison of DUFF & PHELPS UTILITYRPORATE BOND TRUST's Equity-to-Asset

For the Asset Management subindustry, DUFF & PHELPS UTILITYRPORATE BOND TRUST'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.

DUFF & PHELPS UTILITYRPORATE BOND TRUST's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, DUFF & PHELPS UTILITYRPORATE BOND TRUST's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where DUFF & PHELPS UTILITYRPORATE BOND TRUST's Equity-to-Asset falls into.


DUFF & PHELPS UTILITYRPORATE BOND TRUST 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.

DUFF & PHELPS UTILITYRPORATE BOND TRUST's Equity to Asset Ratio for the fiscal year that ended in Oct. 2020 is calculated as

Equity to Asset (A: Oct. 2020 )=Total Stockholders Equity/Total Assets
=262.48/367.827
=0.71

DUFF & PHELPS UTILITYRPORATE BOND TRUST's Equity to Asset Ratio for the quarter that ended in Oct. 2020 is calculated as

Equity to Asset (Q: Oct. 2020 )=Total Stockholders Equity/Total Assets
=262.48/367.827
=0.71

* 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.

DUFF & PHELPS UTILITYRPORATE BOND TRUST  (NYSE:DUC) 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%.

DUFF & PHELPS UTILITYRPORATE BOND TRUST Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of DUFF & PHELPS UTILITYRPORATE BOND TRUST's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

DUFF & PHELPS UTILITYRPORATE BOND TRUST (DUFF & PHELPS UTILITYRPORATE BOND TRUST) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » DUFF & PHELPS UTILITY & CORPORATE BOND TRUST INC (NYSE:DUC) » Definitions » Equity-to-Asset
Comparable Companies
LSE:PHI LSE:RESI SGX:BLT ASX:CVC OCSI LSE:CMHY GGT TSE:8787 GLAD ASX:PL8 TPE:6024 XPAR:NEXTS XTER:MPCK ASX:TGG LSE:BMD TPVG LSE:RIII LSE:JMI BKK:BFIT OXLC
Traded in Other Exchanges
N/A
Address
200 South Wacker Drive, Suite 500, Chicago, IL, USA, 60606
Website
https://www.dpimc.com
DUFF & PHELPS UTILITY & CORPORATE BOND TRUST INC is a diversified, closed-end management investment company. Its investment objective is to seek high current income consistent with investing in securities of investment-grade quality.
Executives
George W Karpus other: See Explanation of Responses
Grumhaus David D Jr. other: Officer of Investment Adviser 200 S. WACKER DRIVE, SUITE 500, CHICAGO IL 60606
Hoffman Clifford W. Jr. director C/O DUFF & PHELPS INVESTMENT MANAGEMENT, 200 E. WACKER DR., CHICAGO IL 60606
William J Renahan officer: VP and Secretary 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Donald C Burke director C/O BLACKROCK FINANCIAL MANAGEMENT, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Eileen A Moran director 800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536
Robert J Genetski director 195 N. HARBOR DR, SUITE 4903, CHICAGO IL 60601
Merrill Lynch, Pierce, Fenner & Smith Inc. 10 percent owner 4 WORLD FINANCIAL CENTER, NORTH TOWER, NEW YORK NY 10080
Eric Elvekrog other: Officer of Adviser 200 S. WACKER DRIVE, SUITE 500, CHICAGO IL 60606
Daniel Petrisko officer: VP and CIO 800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536
Michael A Angerthal other: Director of the Adviser C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Stewart E Conner director
Duckworth Connie K director EIGHT WINGS ENTERPRISES, 77 STONE AGTE LANE, LAKE FOREST IL 60045