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Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (NYSE:GBAB) 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%.
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Equity-to-Asset Related Terms
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust 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.
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Equity-to-Asset Chart
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Annual Data
* 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.
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust Equity-to-Asset vs Asset Management Industry
Guggenheim Taxable Municipal Bond & Investment Grade Debt 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.
* 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.
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) has a Equity-to-Asset of 0.70 as of May. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust and its competitors. This is near median its historical median of 0.74. Over the past decade, Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust's Equity-to-Asset has ranged from 0.63 to 0.82. According to the industry distribution chart, Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust ranks #1013 out of 1633 companies in the Asset Management industry, placing it in the top 62%.
Is Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust's Equity-to-Asset too high?
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust's current Equity-to-Asset of 0.70 is near median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 0.82. The Asset Management industry median Equity-to-Asset is 0.83. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust's value of 0.70 is 15.7% below this industry median. Based on the distribution chart, Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust ranks #1013 out of 1633 companies in the Asset Management industry, which is below the industry midpoint. Overall, Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust's Equity-to-Asset compare to PFL and FRA?
According to the Asset Management industry distribution chart, Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust ranks #1013 out of 1633 companies for Equity-to-Asset. This places Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust in the lower half of its industry. The industry median Equity-to-Asset is 0.83. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust's value of 0.70 is 15.7% below this benchmark. Historically, Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust's own Equity-to-Asset has ranged from 0.63 to 0.82 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 0.83, Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust 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 1,633 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. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust's current Equity-to-Asset of 0.70 is 15.7% 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 Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust 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. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust's current Equity-to-Asset is 0.70, which is near median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust stock overvalued right now?
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB) has a current Equity-to-Asset of 0.70. The current Equity-to-Asset is 0.70, which is near median its 10-year median of 0.74 and 15.7% below the Asset Management industry median of 0.83. Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust's overall GF Score™ is 29/100 with 5 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 Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust (GBAB), the current Equity-to-Asset is 0.70 as of May. 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.
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust is a diversified closed-end management investment company. Its investment objective is to provide current income with a secondary objective of long-term capital appreciation. Its products include Mutual funds, Unit investment trusts, Closed-end funds, Rydex funds, Credit income fund and others.
29GF Score
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