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John Hancock Preferredome FundHPI -0.19%30 Equity-to-Asset is 0.62 as of Jan. 2026, which is 5% below its 10-year median of 0.65. GuruFocus rates HPI with a GF Score™ of 30/100. The stock has 6 warning signs investors should review. Among 1,632 Asset Management companies, John Hancock Preferredome Fund ranks worse than 71.63% on this metric.
The historical rank and industry rank for John Hancock Preferredome Fund's Equity-to-Asset or its related term are showing as below:
HPI'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61 Med: 0.65 Max: 0.68
Current: 0.62
During the past 9 years, the highest Equity to Asset Ratio of John Hancock Preferredome Fund was 0.68. The lowest was 0.61. And the median was 0.65.
HPI's Equity-to-Asset is ranked worse than 71.63% of 1632
companies
in the Asset Management industry
Industry Median: 0.83
vs HPI: 0.62
John Hancock Preferredome Fund (NYSE:HPI) 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%.
John Hancock Preferredome Fund Equity-to-Asset Related Terms
John Hancock Preferredome 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.
John Hancock Preferredome Fund Equity-to-Asset Chart
For the Asset Management subindustry, John Hancock Preferredome 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.
John Hancock Preferredome Fund Equity-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, John Hancock Preferredome Fund's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where John Hancock Preferredome Fund's Equity-to-Asset falls into.
John Hancock Preferredome 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.
John Hancock Preferredome Fund (HPI) has a Equity-to-Asset of 0.62 as of Jan. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on John Hancock Preferredome Fund and its competitors. This is near median its historical median of 0.65. Over the past decade, John Hancock Preferredome Fund's Equity-to-Asset has ranged from 0.61 to 0.68. According to the industry distribution chart, John Hancock Preferredome Fund ranks #1169 out of 1632 companies in the Asset Management industry, placing it in the top 71.6%.
Is John Hancock Preferredome Fund's Equity-to-Asset too high?
John Hancock Preferredome Fund's current Equity-to-Asset of 0.62 is near median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 0.68. The Asset Management industry median Equity-to-Asset is 0.83. John Hancock Preferredome Fund's value of 0.62 is 25.3% below this industry median. Based on the distribution chart, John Hancock Preferredome Fund ranks #1169 out of 1632 companies in the Asset Management industry, which is below the industry midpoint. Overall, John Hancock Preferredome Fund has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does John Hancock Preferredome Fund's Equity-to-Asset compare to GLAD and FFA?
According to the Asset Management industry distribution chart, John Hancock Preferredome Fund ranks #1169 out of 1632 companies for Equity-to-Asset. This places John Hancock Preferredome Fund in the lower half of its industry. The industry median Equity-to-Asset is 0.83. John Hancock Preferredome Fund's value of 0.62 is 25.3% below this benchmark. Historically, John Hancock Preferredome Fund's own Equity-to-Asset has ranged from 0.61 to 0.68 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 0.83, John Hancock Preferredome Fund 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 1,632 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. John Hancock Preferredome Fund's current Equity-to-Asset of 0.62 is 25.3% 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 John Hancock Preferredome Fund 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. John Hancock Preferredome Fund's current Equity-to-Asset is 0.62, which is near median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is John Hancock Preferredome Fund stock overvalued right now?
John Hancock Preferredome Fund (HPI) has a current Equity-to-Asset of 0.62. The current Equity-to-Asset is 0.62, which is near median its 10-year median of 0.65 and 25.3% below the Asset Management industry median of 0.83. John Hancock Preferredome Fund's overall GF Score™ is 30/100 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 John Hancock Preferredome Fund (HPI), the current Equity-to-Asset is 0.62 as of Jan. 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.
John Hancock Preferredome Fund Business Description
John Hancock Preferred Income Fund is a closed-end, diversified management investment company. Its primary investment objective is to provide a high-level of current income consistent with preservation of capital. The fund's secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective. It seeks to achieve its investment objectives by investing in securities that may be undervalued relative to similar securities in the marketplace. The fund's principal investment strategies include investing a majority of its assets in preferred stocks and other preferred securities. Its portfolio composition consists of U.S preferred securities, common stocks, foreign preferred securities, corporate bonds, and short-term investments.
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