Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
RiverNorth/DoubleLine Strategic Opportunity Fund (NYSE:OPP) 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%.
RiverNorth/DoubleLine Strategic Opportunity Fund Equity-to-Asset Related Terms
RiverNorth/DoubleLine Strategic 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.
RiverNorth/DoubleLine Strategic Opportunity Fund Equity-to-Asset Chart
RiverNorth/DoubleLine Strategic Opportunity Fund Annual Data
For the Asset Management subindustry, RiverNorth/DoubleLine Strategic Opportunity 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.
RiverNorth/DoubleLine Strategic Opportunity Fund Equity-to-Asset vs Asset Management Industry
RiverNorth/DoubleLine Strategic 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.
RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) has a Equity-to-Asset of 0.98 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on RiverNorth/DoubleLine Strategic Opportunity Fund and its competitors. This is near median its historical median of 0.98. Over the past decade, RiverNorth/DoubleLine Strategic Opportunity Fund's Equity-to-Asset has ranged from 0.70 to 1.00. According to the industry distribution chart, RiverNorth/DoubleLine Strategic Opportunity Fund ranks #289 out of 1634 companies in the Asset Management industry, placing it in the top 17.7%.
Is RiverNorth/DoubleLine Strategic Opportunity Fund's Equity-to-Asset too high?
RiverNorth/DoubleLine Strategic Opportunity Fund's current Equity-to-Asset of 0.98 is near median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 1.00. The Asset Management industry median Equity-to-Asset is 0.83. RiverNorth/DoubleLine Strategic Opportunity Fund's value of 0.98 is 18.1% above this industry median. Based on the distribution chart, RiverNorth/DoubleLine Strategic Opportunity Fund ranks #289 out of 1634 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, RiverNorth/DoubleLine Strategic Opportunity Fund has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does RiverNorth/DoubleLine Strategic Opportunity Fund's Equity-to-Asset compare to BANX and VPV?
According to the Asset Management industry distribution chart, RiverNorth/DoubleLine Strategic Opportunity Fund ranks #289 out of 1634 companies for Equity-to-Asset. This places RiverNorth/DoubleLine Strategic Opportunity Fund in the top 18% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.83. RiverNorth/DoubleLine Strategic Opportunity Fund's value of 0.98 is 18.1% above this benchmark. Historically, RiverNorth/DoubleLine Strategic Opportunity Fund's own Equity-to-Asset has ranged from 0.70 to 1.00 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 0.83, RiverNorth/DoubleLine Strategic 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 1,634 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. RiverNorth/DoubleLine Strategic Opportunity Fund's current Equity-to-Asset of 0.98 is 18.1% 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 RiverNorth/DoubleLine Strategic 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. RiverNorth/DoubleLine Strategic Opportunity Fund's current Equity-to-Asset is 0.98, which is near median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RiverNorth/DoubleLine Strategic Opportunity Fund stock overvalued right now?
Based on GuruFocus' analysis, RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) is currently considered Fairly Valued. The stock's GF Value™ is $7.40, compared to a current price of $7.63 — trading 3.1% above its estimated fair value. The current Equity-to-Asset is 0.98, which is near median its 10-year median of 0.98 and 18.1% above the Asset Management industry median of 0.83. RiverNorth/DoubleLine Strategic Opportunity Fund's overall GF Score™ is 57/100 with 3 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 RiverNorth/DoubleLine Strategic Opportunity Fund (OPP), the current Equity-to-Asset is 0.98 as of Dec. 2025. 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 RiverNorth/DoubleLine Strategic Opportunity Fund (OPP) Overvalued in 2026?
Based on GuruFocus' analysis, RiverNorth/DoubleLine Strategic Opportunity Fund stock appears to be overvalued.
The current stock price of $7.63 is trading 3.1% above its estimated GF Value™ of $7.40.
GuruFocus considers RiverNorth/DoubleLine Strategic Opportunity Fund to be Fairly Valued.
Key valuation signals for OPP:
Equity-to-Asset: 0.98 (near median its 10-year median of 0.98)
GF Value™: $7.40 vs. price of $7.63 (3.1% above fair value)
Industry Position: 18.1% above the Asset Management median (#289 of 1634)
No single metric tells the full story. See the OPP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RiverNorth/DoubleLine Strategic Opportunity Fund Inc is a closed-end management investment company. The company's investment objective is to seek current income and overall total return.
57GF Score
Get the complete analysis for OPP
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OPP has been successfully added to your 
