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Thornburgome Builder Opportunities Trust (Thornburgome Builder Opportunities Trust) Equity-to-Asset : 1.00 (As of Mar. 2024)


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What is Thornburgome Builder Opportunities Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Thornburgome Builder Opportunities Trust's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $589.57 Mil. Thornburgome Builder Opportunities Trust's Total Assets for the quarter that ended in Mar. 2024 was $592.21 Mil. Therefore, Thornburgome Builder Opportunities Trust's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 1.00.

The historical rank and industry rank for Thornburgome Builder Opportunities Trust's Equity-to-Asset or its related term are showing as below:

TBLD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.94   Med: 1   Max: 1
Current: 1

During the past 3 years, the highest Equity to Asset Ratio of Thornburgome Builder Opportunities Trust was 1.00. The lowest was 0.94. And the median was 1.00.

TBLD's Equity-to-Asset is ranked better than
99.77% of 1714 companies
in the Asset Management industry
Industry Median: 0.83 vs TBLD: 1.00

Thornburgome Builder Opportunities Trust Equity-to-Asset Historical Data

The historical data trend for Thornburgome Builder Opportunities Trust'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.

Thornburgome Builder Opportunities Trust Equity-to-Asset Chart

Thornburgome Builder Opportunities Trust Annual Data
Trend Sep21 Sep22 Sep23
Equity-to-Asset
0.94 1.00 0.99

Thornburgome Builder Opportunities Trust Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Equity-to-Asset Get a 7-Day Free Trial 1.00 1.00 1.00 0.99 1.00

Competitive Comparison of Thornburgome Builder Opportunities Trust's Equity-to-Asset

For the Asset Management subindustry, Thornburgome Builder Opportunities Trust'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.


Thornburgome Builder Opportunities Trust's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Thornburgome Builder Opportunities Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Thornburgome Builder Opportunities Trust's Equity-to-Asset falls into.



Thornburgome Builder Opportunities Trust 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.

Thornburgome Builder Opportunities Trust's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=544.878/550.354
=0.99

Thornburgome Builder Opportunities Trust's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=589.574/592.212
=1.00

* 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.


Thornburgome Builder Opportunities Trust  (NAS:TBLD) 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%.


Thornburgome Builder Opportunities Trust Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Thornburgome Builder Opportunities Trust's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Thornburgome Builder Opportunities Trust (Thornburgome Builder Opportunities Trust) Business Description

Traded in Other Exchanges
N/A
Address
2300 North Ridgetop Road, Santa Fe, NM, USA, 87506
Thornburg Income Builder Opportunities Trust is a diversified, closed-end management investment company. The Trust's investment objective is to provide current income. The Trust will seek to achieve its investment objective by investing, directly or indirectly, at least 80% of its Managed Assets.
Executives
Anne W. Kritzmire other: Trustee 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Jason H. Brady officer: President 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Benjamin D. Kirby other: Trustee 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Natasha Rippel officer: Secretary 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Jeff Klingelhofer officer: Vice President 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Randy Dry officer: Vice President 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
John V. Hackett officer: Vice President 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Nimish S Bhatt other: Trustee and Chair of the Board 2020 CALAMOS COURT, NAPERVILLE IL 60563
Stephen Velie officer: Chief Compliance Officer C/O LEV & BERLIN PC, 535 CONNECTICUT AVENUE, NORWALK CT 06854
Brian W. Wixted other: Trustee 6803 SOUTH TUCSON WAY, CENTENNIAL CO 80112
Dina A. Tantra other: Trustee 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Curtis Holloway officer: Treasurer and CFO 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Vilayphone Lithiluxa officer: Assistant Treasurer 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506

Thornburgome Builder Opportunities Trust (Thornburgome Builder Opportunities Trust) Headlines