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PAI'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.97 Med: 1 Max: 1
Current: 0.99
During the past 9 years, the highest Equity to Asset Ratio of Western Asset Investment Gradeome Fund was 1.00. The lowest was 0.97. And the median was 1.00.
PAI's Equity-to-Asset is ranked better than 91.41% of 1619
companies
in the Asset Management industry
Industry Median: 0.83
vs PAI: 0.99
Western Asset Investment Gradeome Fund (NYSE:PAI) 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 Investment Gradeome Fund Equity-to-Asset Related Terms
Western Asset Investment Gradeome 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.
Western Asset Investment Gradeome Fund Equity-to-Asset Chart
Western Asset Investment Gradeome Fund Annual Data
For the Asset Management subindustry, Western Asset Investment Gradeome 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.
Western Asset Investment Gradeome Fund Equity-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Western Asset Investment Gradeome Fund's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Western Asset Investment Gradeome Fund's Equity-to-Asset falls into.
Western Asset Investment Gradeome 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.
Western Asset Investment Gradeome Fund (PAI) has a Equity-to-Asset of 0.99 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Western Asset Investment Gradeome Fund and its competitors. This is near median its historical median of 1.00. Over the past decade, Western Asset Investment Gradeome Fund's Equity-to-Asset has ranged from 0.97 to 1.00. According to the industry distribution chart, Western Asset Investment Gradeome Fund ranks #139 out of 1619 companies in the Asset Management industry, placing it in the top 8.6%.
Is Western Asset Investment Gradeome Fund's Equity-to-Asset too high?
Western Asset Investment Gradeome Fund's current Equity-to-Asset of 0.99 is near median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 1.00. The Asset Management industry median Equity-to-Asset is 0.83. Western Asset Investment Gradeome Fund's value of 0.99 is 19.3% above this industry median. Based on the distribution chart, Western Asset Investment Gradeome Fund ranks #139 out of 1619 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Western Asset Investment Gradeome Fund has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Western Asset Investment Gradeome Fund's Equity-to-Asset compare to GLU and JHI?
According to the Asset Management industry distribution chart, Western Asset Investment Gradeome Fund ranks #139 out of 1619 companies for Equity-to-Asset. This places Western Asset Investment Gradeome Fund in the top 9% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.83. Western Asset Investment Gradeome Fund's value of 0.99 is 19.3% above this benchmark. Historically, Western Asset Investment Gradeome Fund's own Equity-to-Asset has ranged from 0.97 to 1.00 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 0.83, Western Asset Investment Gradeome 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 1,619 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. Western Asset Investment Gradeome Fund's current Equity-to-Asset of 0.99 is 19.3% 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 Western Asset Investment Gradeome 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. Western Asset Investment Gradeome Fund's current Equity-to-Asset is 0.99, which is near median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Asset Investment Gradeome Fund stock overvalued right now?
Based on GuruFocus' analysis, Western Asset Investment Gradeome Fund (PAI) is currently considered Modestly Overvalued. The stock's GF Value™ is $9.52, compared to a current price of $11.86 — trading 24.6% above its estimated fair value. The current Equity-to-Asset is 0.99, which is near median its 10-year median of 1.00 and 19.3% above the Asset Management industry median of 0.83. Western Asset Investment Gradeome Fund's overall GF Score™ is 53/100 with 2 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 Western Asset Investment Gradeome Fund (PAI), the current Equity-to-Asset is 0.99 as of Jun. 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 Western Asset Investment Gradeome Fund (PAI) Overvalued in 2026?
Based on GuruFocus' analysis, Western Asset Investment Gradeome Fund stock appears to be overvalued.
The current stock price of $11.86 is trading 24.6% above its estimated GF Value™ of $9.52.
GuruFocus considers Western Asset Investment Gradeome Fund to be Modestly Overvalued.
Key valuation signals for PAI:
Equity-to-Asset: 0.99 (near median its 10-year median of 1.00)
GF Value™: $9.52 vs. price of $11.86 (24.6% above fair value)
Industry Position: 19.3% above the Asset Management median (#139 of 1619)
No single metric tells the full story. See the PAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Western Asset Investment Grade Income Fund Inc is a closed-end diversified investment company. Its primary investment objective is to seek a high level of current income, consistent with prudent investment risk, through investment in a diversified portfolio of debt securities. To a lesser extent, the fund also invests in privately placed debt securities and in certain equity securities. Capital appreciation is its secondary investment objective. The fund invests a majority of its net assets in fixed income securities that are rated in the Baa or BBB categories or above at the time of purchase by one or more Nationally Recognized Statistical Rating Organizations (NRSROs) or unrated securities of comparable quality at the time of purchase (as determined by the investment adviser).
53GF Score
Get the complete analysis for PAI
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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