HYI'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.96 Med: 0.98 Max: 0.99
Current: 0.96
During the past 7 years, the highest Equity to Asset Ratio of Western Asset High Yield Defined Opps. was 0.99. The lowest was 0.96. And the median was 0.98.
HYI's Equity-to-Asset is ranked better than 75.21% of 1702
companies
in the Asset Management industry
Industry Median: 0.84
vs HYI: 0.96
Western Asset High Yield Defined Opps. 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.
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Western Asset High Yield Defined Opps. Equity-to-Asset Chart
Western Asset High Yield Defined Opps. Annual Data
Competitive Comparison of Western Asset High Yield Defined Opps.'s Equity-to-Asset
For the Asset Management subindustry, Western Asset High Yield Defined Opps.'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.
Western Asset High Yield Defined Opps.'s Equity-to-Asset Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Western Asset High Yield Defined Opps.'s Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Western Asset High Yield Defined Opps.'s Equity-to-Asset falls into.
Western Asset High Yield Defined Opps. 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.
Western Asset High Yield Defined Opps. (NYSE:HYI) 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%.
Western Asset High Yield Defined Opps. Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Western Asset High Yield Defined Opps.'s Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Western Asset High Yield Defined Opps. Business Description
Western Asset High Yield Defined Opps. is a non-diversified, limited-term, closed-end management investment company. The company's investment objective is to provide high income and seek capital appreciation. It invests a majority of its net assets in a portfolio of high-yield corporate fixed-income securities issued or originated by U.S. or foreign public or private corporations and other business entities, with varying maturities.
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