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Flaherty & Crumrine Prfdome Oppo (Flaherty & Crumrine Prfdome Oppo) Equity-to-Asset : 0.59 (As of Nov. 2023)


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What is Flaherty & Crumrine Prfdome Oppo Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Flaherty & Crumrine Prfdome Oppo's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $116.89 Mil. Flaherty & Crumrine Prfdome Oppo's Total Assets for the quarter that ended in Nov. 2023 was $198.17 Mil. Therefore, Flaherty & Crumrine Prfdome Oppo's Equity to Asset Ratio for the quarter that ended in Nov. 2023 was 0.59.

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

PFO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59   Med: 0.66   Max: 0.67
Current: 0.59

During the past 7 years, the highest Equity to Asset Ratio of Flaherty & Crumrine Prfdome Oppo was 0.67. The lowest was 0.59. And the median was 0.66.

PFO's Equity-to-Asset is ranked worse than
76.36% of 1726 companies
in the Asset Management industry
Industry Median: 0.83 vs PFO: 0.59

Flaherty & Crumrine Prfdome Oppo Equity-to-Asset Historical Data

The historical data trend for Flaherty & Crumrine Prfdome Oppo'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.

* Premium members only.

Flaherty & Crumrine Prfdome Oppo Equity-to-Asset Chart

Flaherty & Crumrine Prfdome Oppo Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Equity-to-Asset
Get a 7-Day Free Trial 0.67 0.67 0.66 0.60 0.59

Flaherty & Crumrine Prfdome Oppo Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.66 0.63 0.60 0.58 0.59

Competitive Comparison of Flaherty & Crumrine Prfdome Oppo's Equity-to-Asset

For the Asset Management subindustry, Flaherty & Crumrine Prfdome Oppo'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 Prfdome Oppo's Equity-to-Asset Distribution in the Asset Management Industry

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

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



Flaherty & Crumrine Prfdome Oppo 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 Prfdome Oppo's Equity to Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Equity to Asset (A: Nov. 2023 )=Total Stockholders Equity/Total Assets
=116.893/198.165
=0.59

Flaherty & Crumrine Prfdome Oppo's Equity to Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

Equity to Asset (Q: Nov. 2023 )=Total Stockholders Equity/Total Assets
=116.893/198.165
=0.59

* 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 Prfdome Oppo  (NYSE:PFO) 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 Prfdome Oppo Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Flaherty & Crumrine Prfdome Oppo's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Flaherty & Crumrine Prfdome Oppo (Flaherty & Crumrine Prfdome Oppo) Business Description

Traded in Other Exchanges
N/A
Address
301 E. Colorado Boulevard, Suite 800, Pasadena, CA, USA, 91101
Flaherty & Crumrine Prfd Income Oppo is the United States-based diversified, closed-end investment company. Its primary investment objective is to produce high current income consistent with the preservation of capital. The fund invests primarily 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.
Executives
Karen Hanovice Hogan director 301 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Chad Conwell officer: VP & Asst. Compliance Officer 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Robert M Ettinger officer: President 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Robert F Wulf director 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Merrill Lynch, Pierce, Fenner & Smith Inc. 10 percent owner 4 WORLD FINANCIAL CENTER, NORTH TOWER, NEW YORK NY 10080
Banc Of America Securities Llc 10 percent owner 100 N TRYON ST., 25TH FLOOR, CHARLOTTE NC 28255
Donald F Crumrine director, officer: Chairman of the Board 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Christopher Douglas Ryan officer: Vice President 310 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Martin Brody director C/O HMK ASSOCIATES, 30 COLUMBIA TURNPIKE, FLORHAM PARK NJ 07932
Laurie C Lodolo officer: Asst CCO, Asst Treas, Asst Sec 301 E. COLORADO BOULEVARD, SUITE 720, PASADENA CA 91101
Robert E Chadwick officer: Vice President 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Peter C Stimes officer: VP,CFO,Chf Acct Officer 301 E COLORADO BLVD STE 720, PASADENA CA 91101
David Gale director 220 MONTGOMERY STREET, SUITE 426, SAN FRANCISCO CA 94104
Bradford S Stone officer: Vice President, Asst Treasurer 47 MAPLE ST. SUITE 403, SUMMIT NJ 07901

Flaherty & Crumrine Prfdome Oppo (Flaherty & Crumrine Prfdome Oppo) Headlines