GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Caldwell U.S. Dividend Advantage Fund (TSX:UDA.UN) » Definitions » Equity-to-Asset

Caldwell U.S. Dividend Advantage Fund (TSX:UDA.UN) Equity-to-Asset : 1.00 (As of Dec. 2022)


View and export this data going back to 2015. Start your Free Trial

What is Caldwell U.S. Dividend Advantage Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Caldwell U.S. Dividend Advantage Fund's Total Stockholders Equity for the quarter that ended in Dec. 2022 was C$58.74 Mil. Caldwell U.S. Dividend Advantage Fund's Total Assets for the quarter that ended in Dec. 2022 was C$58.92 Mil.

The historical rank and industry rank for Caldwell U.S. Dividend Advantage Fund's Equity-to-Asset or its related term are showing as below:

TSX:UDA.UN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.8   Med: 1   Max: 1
Current: 1

During the past 8 years, the highest Equity to Asset Ratio of Caldwell U.S. Dividend Advantage Fund was 1.00. The lowest was 0.80. And the median was 1.00.

TSX:UDA.UN's Equity-to-Asset is not ranked
in the Asset Management industry.
Industry Median: 0.83 vs TSX:UDA.UN: 1.00

Caldwell U.S. Dividend Advantage Fund Equity-to-Asset Historical Data

The historical data trend for Caldwell U.S. Dividend Advantage 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.

* Premium members only.

Caldwell U.S. Dividend Advantage Fund Equity-to-Asset Chart

Caldwell U.S. Dividend Advantage Fund Annual Data
Trend Dec15 Dec16 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 1.00 1.00 1.00 1.00 1.00

Caldwell U.S. Dividend Advantage Fund Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 1.00 1.00 1.00 1.00

Competitive Comparison of Caldwell U.S. Dividend Advantage Fund's Equity-to-Asset

For the Asset Management subindustry, Caldwell U.S. Dividend Advantage 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.


Caldwell U.S. Dividend Advantage Fund's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Caldwell U.S. Dividend Advantage Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Caldwell U.S. Dividend Advantage Fund's Equity-to-Asset falls into.



Caldwell U.S. Dividend Advantage 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.

Caldwell U.S. Dividend Advantage Fund's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=41.333/41.501
=1.00

Caldwell U.S. Dividend Advantage Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

Equity to Asset (Q: Dec. 2022 )=Total Stockholders Equity/Total Assets
=58.742/58.918
=

* 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.


Caldwell U.S. Dividend Advantage Fund  (TSX:UDA.UN) 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%.


Caldwell U.S. Dividend Advantage Fund Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Caldwell U.S. Dividend Advantage Fund's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Caldwell U.S. Dividend Advantage Fund (TSX:UDA.UN) Business Description

Traded in Other Exchanges
N/A
Address
150 King Street West, Suite 1702, P.O. Box 47, Toronto, ON, CAN, M5H 1J9
Caldwell U.S. Dividend Advantage Fund is an open-ended mutual fund trust. It provides investment management services to Canadian and international retail and institutional investors, including financial institutions, public and private pension funds, endowment funds, foundations, and private family accounts.

Caldwell U.S. Dividend Advantage Fund (TSX:UDA.UN) Headlines

No Headlines