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Eaton Vance Tax Advgd Gbl Div FdETG +0.17%50 Equity-to-Asset is 0.83 as of Apr. 2026, which is 8% above its 10-year median of 0.77. GuruFocus rates ETG with a GF Score™ of 50/100 and a GF Value™ of $39.82 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,618 Asset Management companies, Eaton Vance Tax Advgd Gbl Div Fd ranks better than 50.49% on this metric.
Eaton Vance Tax Advgd Gbl Div Fd (NYSE:ETG) 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%.
Eaton Vance Tax Advgd Gbl Div Fd Equity-to-Asset Related Terms
Eaton Vance Tax Advgd Gbl Div Fd 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.
Eaton Vance Tax Advgd Gbl Div Fd Equity-to-Asset Chart
For the Asset Management subindustry, Eaton Vance Tax Advgd Gbl Div Fd'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.
Eaton Vance Tax Advgd Gbl Div Fd Equity-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Eaton Vance Tax Advgd Gbl Div Fd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Eaton Vance Tax Advgd Gbl Div Fd's Equity-to-Asset falls into.
Eaton Vance Tax Advgd Gbl Div Fd 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.
Eaton Vance Tax Advgd Gbl Div Fd (ETG) has a Equity-to-Asset of 0.83 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Eaton Vance Tax Advgd Gbl Div Fd and its competitors. This is near median its historical median of 0.77. Over the past decade, Eaton Vance Tax Advgd Gbl Div Fd's Equity-to-Asset has ranged from 0.74 to 0.83. According to the industry distribution chart, Eaton Vance Tax Advgd Gbl Div Fd ranks #801 out of 1618 companies in the Asset Management industry, placing it in the top 49.5%.
Is Eaton Vance Tax Advgd Gbl Div Fd's Equity-to-Asset too high?
Eaton Vance Tax Advgd Gbl Div Fd's current Equity-to-Asset of 0.83 is near median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 0.83. The Asset Management industry median Equity-to-Asset is 0.83. Eaton Vance Tax Advgd Gbl Div Fd's value of 0.83 is 0% at this industry median. Based on the distribution chart, Eaton Vance Tax Advgd Gbl Div Fd ranks #801 out of 1618 companies in the Asset Management industry, which is above the industry midpoint. Overall, Eaton Vance Tax Advgd Gbl Div Fd has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Eaton Vance Tax Advgd Gbl Div Fd's Equity-to-Asset compare to USA and NUV?
According to the Asset Management industry distribution chart, Eaton Vance Tax Advgd Gbl Div Fd ranks #801 out of 1618 companies for Equity-to-Asset. This puts Eaton Vance Tax Advgd Gbl Div Fd in the upper half of its industry. The industry median Equity-to-Asset is 0.83. Eaton Vance Tax Advgd Gbl Div Fd's value of 0.83 is 0% at this benchmark. Historically, Eaton Vance Tax Advgd Gbl Div Fd's own Equity-to-Asset has ranged from 0.74 to 0.83 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 0.83, Eaton Vance Tax Advgd Gbl Div Fd has consistently been at 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 1,618 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. Eaton Vance Tax Advgd Gbl Div Fd's current Equity-to-Asset of 0.83 is 0% at 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 Eaton Vance Tax Advgd Gbl Div Fd 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. Eaton Vance Tax Advgd Gbl Div Fd's current Equity-to-Asset is 0.83, which is near median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eaton Vance Tax Advgd Gbl Div Fd stock overvalued right now?
Based on GuruFocus' analysis, Eaton Vance Tax Advgd Gbl Div Fd (ETG) is currently considered Possible Value Trap. The stock's GF Value™ is $39.82, compared to a current price of $24.08 — trading 39.5% below its estimated fair value. The current Equity-to-Asset is 0.83, which is near median its 10-year median of 0.77 and 0% at the Asset Management industry median of 0.83. Eaton Vance Tax Advgd Gbl Div Fd's overall GF Score™ is 50/100 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 Eaton Vance Tax Advgd Gbl Div Fd (ETG), the current Equity-to-Asset is 0.83 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 Eaton Vance Tax Advgd Gbl Div Fd (ETG) Overvalued in 2026?
Based on GuruFocus' analysis, Eaton Vance Tax Advgd Gbl Div Fd stock appears to be undervalued.
The current stock price of $24.08 is trading 39.5% below its estimated GF Value™ of $39.82.
GuruFocus considers Eaton Vance Tax Advgd Gbl Div Fd to be Possible Value Trap.
Key valuation signals for ETG:
Equity-to-Asset: 0.83 (near median its 10-year median of 0.77)
GF Value™: $39.82 vs. price of $24.08 (39.5% below fair value)
Industry Position: 0% at the Asset Management median (#801 of 1618)
No single metric tells the full story. See the ETG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eaton Vance Tax Advgd Gbl Div Inc Fd is a diversified, closed-end management investment company. Its investment objective is to provide a high level of after-tax total return consisting of tax-advantaged dividend income and capital appreciation. The fund pursues its objective by investing in dividend-paying common and preferred stocks. Its portfolio of investments consists of aerospace and defense, capital markets, diversified telecommunication services, electrical equipment, biotechnology, banks, and other areas.
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