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Voya Global Equity Dividend and Premium Opportunity Fund (NYSE:IGD) 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%.
Voya Global Equity Dividend and Premium Opportunity Fund Equity-to-Asset Related Terms
Voya Global Equity Dividend and Premium Opportunity 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.
Voya Global Equity Dividend and Premium Opportunity Fund Equity-to-Asset Chart
Voya Global Equity Dividend and Premium Opportunity Fund 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.
Voya Global Equity Dividend and Premium Opportunity Fund Equity-to-Asset vs Asset Management Industry
Voya Global Equity Dividend and Premium Opportunity 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.
Voya Global Equity Dividend and Premium Opportunity Fund (IGD) has a Equity-to-Asset of 0.84 as of Feb. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Voya Global Equity Dividend and Premium Opportunity Fund and its competitors. This is 15% below median its historical median of 0.99. Over the past decade, Voya Global Equity Dividend and Premium Opportunity Fund's Equity-to-Asset has ranged from 0.84 to 0.99. According to the industry distribution chart, Voya Global Equity Dividend and Premium Opportunity Fund ranks #779 out of 1630 companies in the Asset Management industry, placing it in the top 47.8%.
Is Voya Global Equity Dividend and Premium Opportunity Fund's Equity-to-Asset too high?
Voya Global Equity Dividend and Premium Opportunity Fund's current Equity-to-Asset of 0.84 is 15% below median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 0.99. The Asset Management industry median Equity-to-Asset is 0.83. Voya Global Equity Dividend and Premium Opportunity Fund's value of 0.84 is 1.2% above this industry median. Based on the distribution chart, Voya Global Equity Dividend and Premium Opportunity Fund ranks #779 out of 1630 companies in the Asset Management industry, which is above the industry midpoint. Overall, Voya Global Equity Dividend and Premium Opportunity Fund has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Voya Global Equity Dividend and Premium Opportunity Fund's Equity-to-Asset compare to BGB and WIW?
According to the Asset Management industry distribution chart, Voya Global Equity Dividend and Premium Opportunity Fund ranks #779 out of 1630 companies for Equity-to-Asset. This puts Voya Global Equity Dividend and Premium Opportunity Fund in the upper half of its industry. The industry median Equity-to-Asset is 0.83. Voya Global Equity Dividend and Premium Opportunity Fund's value of 0.84 is 1.2% above this benchmark. Historically, Voya Global Equity Dividend and Premium Opportunity Fund's own Equity-to-Asset has ranged from 0.84 to 0.99 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 0.83, Voya Global Equity Dividend and Premium Opportunity Fund has consistently been above 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 1,630 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. Voya Global Equity Dividend and Premium Opportunity Fund's current Equity-to-Asset of 0.84 is 1.2% above 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 Voya Global Equity Dividend and Premium Opportunity 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. Voya Global Equity Dividend and Premium Opportunity Fund's current Equity-to-Asset is 0.84, which is 15% below median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voya Global Equity Dividend and Premium Opportunity Fund stock overvalued right now?
Based on GuruFocus' analysis, Voya Global Equity Dividend and Premium Opportunity Fund (IGD) is currently considered Modestly Undervalued. The stock's GF Value™ is $8.72, compared to a current price of $6.62 — trading 24.1% below its estimated fair value. The current Equity-to-Asset is 0.84, which is 15% below median its 10-year median of 0.99 and 1.2% above the Asset Management industry median of 0.83. Voya Global Equity Dividend and Premium Opportunity Fund's overall GF Score™ is 76/100 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 Voya Global Equity Dividend and Premium Opportunity Fund (IGD), the current Equity-to-Asset is 0.84 as of Feb. 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.
Is Voya Global Equity Dividend and Premium Opportunity Fund (IGD) Overvalued in 2026?
Based on GuruFocus' analysis, Voya Global Equity Dividend and Premium Opportunity Fund stock appears to be undervalued.
The current stock price of $6.62 is trading 24.1% below its estimated GF Value™ of $8.72.
GuruFocus considers Voya Global Equity Dividend and Premium Opportunity Fund to be Modestly Undervalued.
Key valuation signals for IGD:
Equity-to-Asset: 0.84 (15% below median its 10-year median of 0.99)
GF Value™: $8.72 vs. price of $6.62 (24.1% below fair value)
Industry Position: 1.2% above the Asset Management median (#779 of 1630)
No single metric tells the full story. See the IGD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Voya Global Equity Dividend and Premium Opportunity Fund are a United States-based diversified, closed-end Fund. The primary objective of the Fund is to seek to provide investors with a high level of income from a portfolio of common stocks with historically attractive dividend yields and premiums from call option writing. The secondary investment objective of the company is capital appreciation. Under normal market conditions, the Fund will invest at least 80% of its managed assets in a portfolio of common stocks of dividend-paying companies located throughout the world.
76GF Score
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