PFD (Flaherty & Crumrine Prefd Fund) Equity-to-Asset: 0.64 (As of Nov. 2025) — Near Median

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PFD Flaherty & Crumrine Prefd Inc Fund Inc PFD
32 GF Score
Price $11.60
! 6 Warning Signs
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What is Flaherty & Crumrine Prefd Fund Equity-to-Asset?

Flaherty & Crumrine Prefd Fund PFD +0.87% 32 Equity-to-Asset is 0.64 as of Nov. 2025, which is at its 10-year median of 0.64. GuruFocus rates PFD with a GF Score™ of 32/100. The stock has 6 warning signs investors should review. Among 1,632 Asset Management companies, Flaherty & Crumrine Prefd Fund ranks worse than 69.55% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Flaherty & Crumrine Prefd Fund's Total Stockholders Equity for the quarter that ended in Nov. 2025 was $162.62 Mil. Flaherty & Crumrine Prefd Fund's Total Assets for the quarter that ended in Nov. 2025 was $254.36 Mil. Therefore, Flaherty & Crumrine Prefd Fund's Equity to Asset Ratio for the quarter that ended in Nov. 2025 was 0.64.

The historical rank and industry rank for Flaherty & Crumrine Prefd Fund's Equity-to-Asset or its related term are showing as below:

PFD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61   Med: 0.64   Max: 0.67
Current: 0.64

During the past 9 years, the highest Equity to Asset Ratio of Flaherty & Crumrine Prefd Fund was 0.67. The lowest was 0.61. And the median was 0.64.

PFD's Equity-to-Asset is ranked worse than
69.55% of 1632 companies
in the Asset Management industry
Industry Median: 0.83 vs PFD: 0.64

Flaherty & Crumrine Prefd Fund  (NYSE:PFD) 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%.


Flaherty & Crumrine Prefd Fund Equity-to-Asset Related Terms


Flaherty & Crumrine Prefd Fund Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Flaherty & Crumrine Prefd Fund's Equity-to-Asset can be seen below:

* 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.

Flaherty & Crumrine Prefd Fund Equity-to-Asset Chart

Flaherty & Crumrine Prefd Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.66 0.62 0.61 0.63 0.64

Flaherty & Crumrine Prefd Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.62 0.63 0.63 0.64

PFD vs IGA, MSD, MPA: Equity-to-Asset Comparison

For the Asset Management subindustry, Flaherty & Crumrine Prefd 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.


Flaherty & Crumrine Prefd Fund Equity-to-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Flaherty & Crumrine Prefd Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Flaherty & Crumrine Prefd Fund's Equity-to-Asset falls into.


PFD
32GF Score
Flaherty & Crumrine Prefd Inc Fund Inc PFD
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Flaherty & Crumrine Prefd 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.

Flaherty & Crumrine Prefd Fund's Equity to Asset Ratio for the fiscal year that ended in Nov. 2025 is calculated as

Equity to Asset (A: Nov. 2025 )=Total Stockholders Equity/Total Assets
=162.621/254.357
=0.64

Flaherty & Crumrine Prefd Fund's Equity to Asset Ratio for the quarter that ended in Nov. 2025 is calculated as

Equity to Asset (Q: Nov. 2025 )=Total Stockholders Equity/Total Assets
=162.621/254.357
=0.64

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.64 mean?
Flaherty & Crumrine Prefd Fund (PFD) has a Equity-to-Asset of 0.64 as of Nov. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Flaherty & Crumrine Prefd Fund and its competitors. This is near median its historical median of 0.64. Over the past decade, Flaherty & Crumrine Prefd Fund's Equity-to-Asset has ranged from 0.61 to 0.67. According to the industry distribution chart, Flaherty & Crumrine Prefd Fund ranks #1135 out of 1632 companies in the Asset Management industry, placing it in the top 69.5%.
Is Flaherty & Crumrine Prefd Fund's Equity-to-Asset too high?
Flaherty & Crumrine Prefd Fund's current Equity-to-Asset of 0.64 is near median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 0.67. The Asset Management industry median Equity-to-Asset is 0.83. Flaherty & Crumrine Prefd Fund's value of 0.64 is 22.9% below this industry median. Based on the distribution chart, Flaherty & Crumrine Prefd Fund ranks #1135 out of 1632 companies in the Asset Management industry, which is below the industry midpoint. Overall, Flaherty & Crumrine Prefd Fund has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Flaherty & Crumrine Prefd Fund's Equity-to-Asset compare to IGA and MSD?
According to the Asset Management industry distribution chart, Flaherty & Crumrine Prefd Fund ranks #1135 out of 1632 companies for Equity-to-Asset. This places Flaherty & Crumrine Prefd Fund in the lower half of its industry. The industry median Equity-to-Asset is 0.83. Flaherty & Crumrine Prefd Fund's value of 0.64 is 22.9% below this benchmark. Historically, Flaherty & Crumrine Prefd Fund's own Equity-to-Asset has ranged from 0.61 to 0.67 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 0.83, Flaherty & Crumrine Prefd 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. Flaherty & Crumrine Prefd Fund's current Equity-to-Asset of 0.64 is 22.9% 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 Flaherty & Crumrine Prefd 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. Flaherty & Crumrine Prefd Fund's current Equity-to-Asset is 0.64, which is near median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flaherty & Crumrine Prefd Fund stock overvalued right now?
Flaherty & Crumrine Prefd Fund (PFD) has a current Equity-to-Asset of 0.64. The current Equity-to-Asset is 0.64, which is near median its 10-year median of 0.64 and 22.9% below the Asset Management industry median of 0.83. Flaherty & Crumrine Prefd Fund's overall GF Score™ is 32/100 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 Flaherty & Crumrine Prefd Fund (PFD), the current Equity-to-Asset is 0.64 as of Nov. 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.

Flaherty & Crumrine Prefd Fund Business Description

Address 301 E. Colorado Boulevard, Suite 800, Pasadena, CA, USA, 91101
Flaherty & Crumrine Prefd Inc Fund Inc is a United States-based diversified, closed-end management investment company. Its investment objective is to provide its common shareholders with high current income consistent with the preservation of capital. The fund invests in a diversified portfolio of preferred securities, which includes traditional preferred stocks eligible for the inter-corporate dividends received a deduction and fully taxable preferred securities.
32GF Score

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