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What is First Trust Senior Floating Rateome Fund II Equity-to-Asset?
First Trust Senior Floating Rateome Fund IIFCT +0.10%24 Equity-to-Asset is 0.82 as of Nov. 2025, which is 17% above its 10-year median of 0.70. GuruFocus rates FCT with a GF Score™ of 24/100. The stock has 7 warning signs investors should review. Among 1,634 Asset Management companies, First Trust Senior Floating Rateome Fund II ranks worse than 50.24% on this metric.
FCT's Equity-to-Asset is ranked worse than 50.24% of 1634
companies
in the Asset Management industry
Industry Median: 0.83
vs FCT: 0.82
First Trust Senior Floating Rateome Fund II (NYSE:FCT) 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%.
First Trust Senior Floating Rateome Fund II Equity-to-Asset Related Terms
First Trust Senior Floating Rateome Fund II 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.
First Trust Senior Floating Rateome Fund II Equity-to-Asset Chart
First Trust Senior Floating Rateome Fund II Annual Data
For the Asset Management subindustry, First Trust Senior Floating Rateome Fund II'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.
First Trust Senior Floating Rateome Fund II Equity-to-Asset vs Asset Management Industry
First Trust Senior Floating Rateome Fund II 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.
First Trust Senior Floating Rateome Fund II (FCT) has a Equity-to-Asset of 0.82 as of Nov. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on First Trust Senior Floating Rateome Fund II and its competitors. This is 17% above median its historical median of 0.70. Over the past decade, First Trust Senior Floating Rateome Fund II's Equity-to-Asset has ranged from 0.65 to 0.83. According to the industry distribution chart, First Trust Senior Floating Rateome Fund II ranks #821 out of 1634 companies in the Asset Management industry, placing it in the top 50.2%.
Is First Trust Senior Floating Rateome Fund II's Equity-to-Asset too high?
First Trust Senior Floating Rateome Fund II's current Equity-to-Asset of 0.82 is 17% above median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 0.83. The Asset Management industry median Equity-to-Asset is 0.83. First Trust Senior Floating Rateome Fund II's value of 0.82 is 1.2% below this industry median. Based on the distribution chart, First Trust Senior Floating Rateome Fund II ranks #821 out of 1634 companies in the Asset Management industry, which is below the industry midpoint. Overall, First Trust Senior Floating Rateome Fund II has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does First Trust Senior Floating Rateome Fund II's Equity-to-Asset compare to NUW and JRS?
According to the Asset Management industry distribution chart, First Trust Senior Floating Rateome Fund II ranks #821 out of 1634 companies for Equity-to-Asset. This places First Trust Senior Floating Rateome Fund II in the lower half of its industry. The industry median Equity-to-Asset is 0.83. First Trust Senior Floating Rateome Fund II's value of 0.82 is 1.2% below this benchmark. Historically, First Trust Senior Floating Rateome Fund II's own Equity-to-Asset has ranged from 0.65 to 0.83 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 0.83, First Trust Senior Floating Rateome Fund II 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. First Trust Senior Floating Rateome Fund II's current Equity-to-Asset of 0.82 is 1.2% 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 First Trust Senior Floating Rateome Fund II 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. First Trust Senior Floating Rateome Fund II's current Equity-to-Asset is 0.82, which is 17% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Trust Senior Floating Rateome Fund II stock overvalued right now?
First Trust Senior Floating Rateome Fund II (FCT) has a current Equity-to-Asset of 0.82. The current Equity-to-Asset is 0.82, which is 17% above median its 10-year median of 0.70 and 1.2% below the Asset Management industry median of 0.83. First Trust Senior Floating Rateome Fund II's overall GF Score™ is 24/100 with 7 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 First Trust Senior Floating Rateome Fund II (FCT), the current Equity-to-Asset is 0.82 as of Nov. 2025. 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.
First Trust Senior Floating Rateome Fund II Business Description
First Trust Senior Floating Rate Income Fund II is a United States-based diversified, closed-end management investment company. Its investment objective is to seek a high level of current income. As a secondary objective, it attempts to preserve capital. The fund invests in a portfolio of senior secured floating-rate corporate loans (Senior Loans) of companies from different industries, such as Insurance, Software, Health Care Providers and Services, Professional Services, Health Care Technology, IT Services, and others.
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