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Redwood Monthlyome Fund (TSX:VIP.UN) Equity-to-Asset : 0.99 (As of Dec. 2017)


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What is Redwood Monthlyome Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Redwood Monthlyome Fund's Total Stockholders Equity for the quarter that ended in Dec. 2017 was C$130.72 Mil. Redwood Monthlyome Fund's Total Assets for the quarter that ended in Dec. 2017 was C$131.67 Mil. Therefore, Redwood Monthlyome Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2017 was 0.99.

The historical rank and industry rank for Redwood Monthlyome Fund's Equity-to-Asset or its related term are showing as below:

TSX:VIP.UN's Equity-to-Asset is not ranked *
in the Asset Management industry.
Industry Median: 0.83
* Ranked among companies with meaningful Equity-to-Asset only.

Redwood Monthlyome Fund Equity-to-Asset Historical Data

The historical data trend for Redwood Monthlyome 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.

Redwood Monthlyome Fund Equity-to-Asset Chart

Redwood Monthlyome Fund Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.89 0.98 0.99 0.99

Redwood Monthlyome Fund Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
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 Premium Member Only Premium Member Only 0.98 0.99 0.99 1.00 0.99

Competitive Comparison of Redwood Monthlyome Fund's Equity-to-Asset

For the Asset Management subindustry, Redwood Monthlyome 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.


Redwood Monthlyome Fund's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Redwood Monthlyome Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Redwood Monthlyome Fund's Equity-to-Asset falls into.



Redwood Monthlyome 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.

Redwood Monthlyome Fund's Equity to Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Equity to Asset (A: Dec. 2017 )=Total Stockholders Equity/Total Assets
=130.716/131.665
=0.99

Redwood Monthlyome Fund's Equity to Asset Ratio for the quarter that ended in Dec. 2017 is calculated as

Equity to Asset (Q: Dec. 2017 )=Total Stockholders Equity/Total Assets
=130.716/131.665
=0.99

* 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.


Redwood Monthlyome Fund  (TSX:VIP.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%.


Redwood Monthlyome Fund Equity-to-Asset Related Terms

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


Redwood Monthlyome Fund (TSX:VIP.UN) Business Description

Traded in Other Exchanges
N/A
Address
130 Adelaide Street West, Suite 1700, P.O. Box 83, Toronto, ON, CAN, M5H 3P5
Redwood Monthly Income Fund is a balanced mutual fund. The company provides a high level of income through receipt of monthly distributions. The company invests in a diversified portfolio of high-income investments. The company also invests in dividend-paying equity securities, as well as fixed income securities.

Redwood Monthlyome Fund (TSX:VIP.UN) Headlines

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