The historical rank and industry rank for Guggenheim Active Allocation Fund's Equity-to-Asset or its related term are showing as below:
GUG'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.68 Med: 0.71 Max: 0.78
Current: 0.7
During the past 3 years, the highest Equity to Asset Ratio of Guggenheim Active Allocation Fund was 0.78. The lowest was 0.68. And the median was 0.71.
GUG's Equity-to-Asset is ranked worse than 62.12% of 1687
companies
in the Asset Management industry
Industry Median: 0.84
vs GUG: 0.70
Guggenheim Active Allocation 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.
* Premium members only.
Guggenheim Active Allocation Fund Equity-to-Asset Chart
Guggenheim Active Allocation Fund Annual Data
Trend
May22
May23
May24
Equity-to-Asset
0.69
0.72
0.74
Guggenheim Active Allocation Fund Semi-Annual Data
Competitive Comparison of Guggenheim Active Allocation Fund's Equity-to-Asset
For the Asset Management subindustry, Guggenheim Active Allocation 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.
Guggenheim Active Allocation Fund's Equity-to-Asset Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Guggenheim Active Allocation Fund's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Guggenheim Active Allocation Fund's Equity-to-Asset falls into.
Guggenheim Active Allocation 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.
Guggenheim Active Allocation Fund (NYSE:GUG) 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 Active Allocation Fund Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Guggenheim Active Allocation Fund's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Guggenheim Active Allocation Fund Business Description
Guggenheim Active Allocation Fund is a diversified closed-end management investment company. The fund's investment objective is to maximize total return through a combination of current income and capital appreciation. The company invests in both fixed-income and other debt instruments selected from a variety of sectors and credit qualities, and may also invest in equities. It uses tactical asset allocation models to determine the optimal allocation of its assets between fixed-income and equity securities. A majority of its investments are made in corporate bonds and the rest in senior floating rate interests, asset-backed securities, preferred stocks, and other securities.
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